Vendotek – BY JO BURTON -VMC
The growth of contactless payment continues to go from strength to strength, with customers now using their cards for low value transactions more routinely in everyday life, and vending operators like any retailer, need to be prepared to support this permanent change in spending habits.
The simple fact is that customers buying decisions can be limited by the amount of cash they carry, but almost everyone will carry a bank card or mobile phone with NFC payment functionality with them at all times – which very clearly highlights the future sales growth opportunity for the vending industry.
Contactless delivers choice and speed when making a payment, but for vending operators there are other benefits to be gained that can improve the efficiency of their whole operation. Reduced machine maintenance, no cash handling or theft issues, faster transfer of funds from machine to bank, and crucially 24/7 data capture providing vital knowledge about your customers and machines are all advantages not to be ignored!
VMC have been operating in the vending industry for almost 30 years, so we pride ourselves on being experts in this marketplace. We are the exclusive distributor of the Vendotek contactless open payment solution in the UK and Ireland and we believe it delivers the key features and benefits that vending operators really want.
Laura Barwell, VMC Business Development Manager explains: ‘The Vendotek contactless solution is plug & play so very quick and simple to install, it connects instantly via a 3G SIM enabling immediate service, providing rapid payments and more importantly competitive acquiring rates. We have also recently introduced a finance offer that removes the barrier of upfront investment, and makes these units more accessible to the smaller operators too.”
Vending machines are open 24/7, which means their payment options need to be foolproof in order to maintain all of those sales opportunities. Contactless provides the gateway for all types of purchase, whether it’s regular, scheduled or impulse – which keeps your customers spending.
As well as an impressive list of benefits, the Vendotek terminal can be fitted to almost any unattended service machine making it a truly versatile payment solution.
- EMVCo certified reader
- Accepts contactless & mobile payments
- Competitive merchant agreement
- No merchant set up fee
- Roaming SIM as standard
- Plug & play single mounting unit
To find out more click here or visit us on stand 28 at Vendex North in October to try out the terminal for yourself – we look forward to seeing you there!