Top 3 Benefits of Integrating Cashless Technology in Vending Machines - PowerPoint PPT Presentation

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Top 3 Benefits of Integrating Cashless Technology in Vending Machines

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With (disruptive) innovations making its way into the mainstream, various industrial verticals are passing through an evolutionary phase; and the vending industry is not left behind! It is rapidly pacing up with the advance technologies. One such breakthrough solution that could be the next step in growing the vending business is cashless/contactless payments. – PowerPoint PPT presentation

Number of Views:49
Updated: 18 March 2020
Slides: 7
Provided by: ausboxgroup

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Title: Top 3 Benefits of Integrating Cashless Technology in Vending Machines


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www.ausboxgroup.com.au
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Enhancing the Overall Customer Experience
With a growing number of customers turning their
backs on the traditional methods of paying, in
favour of plastic cards or mobile apps, offering
them a quick and convenient way to do the
transactions can result in augmented customer
experience and eventually increased sales!
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Secure Mode of Payment
The old-school coin mechanism was prone to
occasional thefts. In the past, several incidents
were noted where thieves broke into the machines
taking away all the cash and causing it extensive
damage. In many cases, the repairs cost more than
the cash stolen, leaving the vendors high and dry!
4
Increased Sales Increased Revenues
The cashless machine eliminates the need to dig
into our pockets to find the spare and so a
customer can quickly grab their favourite product
without wasting their valuable time queueing up!
For people in rush, such a facility is a great
blessing as they can get whatever they want
without waiting in long queues.
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Social Media
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