Hello again and welcome to Vending Insight 49, New Markets For Vending, We’re delighted to welcome our new sponsors, Nayax. Nayax provides a complete solution for cashless payments, telemetry systems and management software, transforming the way vending machine businesses and other unattended automatic machines operate.
Vending Insight 49: New Markets For Vending
Nayax Webinar: Mastercard’s Domenico Paparella Announced As Key-Note Presenter (Planet Vending)
The Nayax Webinar, featuring, in Domenico Paparella, an expert who knows better than most where the ‘cashless’ train is headed, should be a ‘must’ for any business that accepts cashless payments, let alone those that don’t – yet… For more details, and to register to participate for free, click HERE
Ficep UK Secures Five Year Vending Deal (Production Engineering Solutions)
Ficep UK’s vending solution ‘helps us work in a closer partnership with our customers and suppliers alike, this brings many benefits as a first-tier supplier as well as our superior equipment and comprehensive service support’. An interesting vending innovation: discover more, HERE
Vending Insight 49
The Retail M2M And IoT Applications Report – Sixth Edition – Is Now Available (Yahoo Finance)
The report gives first-hand insights into the adoption of wireless connectivity in the vending, parking, ticketing, ATM, digital signage and POS terminal markets. This strategic research report provides you with 240 pages of unique business intelligence including 5-year industry forecasts and expert commentary on which to base your business decisions.Find out more, HERE
& Other Stories Launches Beauty Vending Machine (Retail and Leisure International)
‘We felt very inspired by the idea of creating our own vending machine experience, turning it into a mini version of our stores. It has special features conveying several layers of our world. We hope that it will make people curious and inspire them to explore our stories, says Ebba Kettner, Head of Brand Design at & Other Stories. Full story, HERE
Greenstop launches its cannabis vending machine in California dispensaries (Yahoo Finance)
At least one UK vending machine manufacturer is exploring the possibility of creating cannabis vending machines for export to the US and other territories. The sector seems set to be ‘Big Business’. Find out more, HERE
Vending Insight 49
Shekel Brainweigh integrates Nayax payment solutions for micro market coolers (Kiosk Marketplace)
Shekel Brainweigh Ltd., a provider of weighing technology, has integrated Nayax payment solutions as a standard payment method for its Innovendi machines, according to a company announcement. More, HERE
Coronavirus and a Cashless Society (FinTech)
COVID-19 has changed society as we know it over just a few months — working from home, social distancing, masks and countries across the globe on the brink of an economic crash. Once upon a time the concept of a cashless society may have sounded like it was straight from science fiction, but the rise of e-commerce, flexibility of banking and the growing number of ‘no cash accepted’ signs in physical shops has left purses empty, with the exception of a debit or credit card. More HERE
Is the UK Adopting A Cashless Society? (York)
66% of all transactions in the UK are now contactless and 45% of people are saying that they are much less likely to use cash after the crisis. The figures show that whilst Britain was already moving towards a cashless economy; with the likes of smart watches and smartphones taking the place of physical cards, bank notes and coins, those that don’t jump on the bandwagon as businesses begin to open up, could well be left behind. Facts? HERE
Vending Insight 49
Oregon Operator Survives COVID-19 Aided By Technology (Vending Times)
Ryan and Michelle Harrington believe the pandemic underscored the importance of operating as efficiently as possible. To this end, they believe their ongoing investment in technology has been a key factor. Share their experiences, HERE
In India, digital transformation is successfully transcending physical and digital channels as brand owners and retailers continue to invest in digital mediums to grow the reach of their products and sell more. Interesting stuff, and there’s more, HERE
That’s it for Vending Insight 49. Vending Insight 50 will be with you soon, See you then.
Visit the Vending Insight archive, HERE
