Vending Machine Credit Card Readers
Reasons Why You Should Consider a Credit Card Reader
Statistics are showing that cashless vending is on the rise and there are significant profits when vendors use Credit/Debit readers on their vending machines. The number of vending machines that accept credit and debit cards has reached 30% over cash, with another 15% boost from mobile payment apps. The highest percentage ever recorded! Vendors that have implemented card readers report it as their best investment when it comes to their return on investment.
The average consumer is carrying less cash and are more in favor of using credit or debit cards. Purchasers around the world made 417 billion in cashless payments in 2014 – an increase of 34% since 2010. Only 9% of American’s prefer to use cash, while 78% prefer to use credit or debit cards. When offering just coin or cash options in your vending machines, you are omitting a huge consumer market and potential sales. More payment options = more sales!
Card readers are not only easier for your customers but allow for more vending selections at one time! In one swipe, your customer can receive multiple products. This quick process can persuade someone to buy two or three items instead of one. More convenience = more sales!
As the Vending Operator, the installation of a card reader provides you with the capability of the Remote Management feature. Valuable information such as real time sales data, health alerts from all connected machines and real time data reporting are readily available through this feature. Remote Management keeps your business at your fingertips with any mobile device. You will soon see savings in route fuel, employee labor hours and increased machine deployment.
More efficiencies = more sales!
HRI’s professional installers can mount a card reader in any new and used vending equipment. We will provide this service in our warehouse prior to machine delivery, or on-site at your existing accounts. As a designated distributor and reseller of this equipment, you can be assured you are receiving a leading brand on the market, with every unit purchased!
Contact us to discuss how we can help transition you to a cashless business.