Thursday, July 27, 2006

Technical Trends for Vending machines

Technological advances made in vending have made the operation of vending machines more reliable and profitable. Cashless vending systems are some of the advances that have been made in the industry. Many consumers prefer the convenience of electronic payment to inserting cash into the machine. In fact according to the Federal Reserve Board, electronic transactions far exceed payments made by check or cash. In the future vending machines will be equipped with this new cashless payment technology, which has become more affordable.

Antares Corporation have vending machines that have advanced technology features like for instance a programmable talking unit, low temperature refrigeration, locking option of coin tray, glass door and highly impressive graphics. They have a great capacity, are easy to use and have a menu planner so that the clients can choose the most desired items. Vending companies have come up with advanced technology for their vending machines to bring in more profitability.

Not only are cashless payment systems more convenient to the consumer, but also operators are reporting higher sales, increased traffic and customer satisfaction. As a result of this advancement, operators are able to offer vending products at a higher price level.

Cashless transactions have helped prevent vandalism and vending machine theft. A recent survey disclosed that vending machine operators reported an immediate halt in vandalism and theft once an electronic debit and credit card system was installed. All vending companies are expected to take up this form of payment.

Vending companies are using e-commerce and v-commerce for their vending operations. As for Antares Corporation, Natural Choice distributors create, manage and access their account through a secure website. This will allow the distributor to edit and review their distributor accounts as well as place orders for parts and merchandise

Antares Corporation has selected one ecommerce web site that will allow Natural Choice distributors to create, manage and access their account through a secure web site. This will allow the distributor to edit and review their distributor accounts as well as place orders for parts and merchandise.

Cashless vending would not be much success in certain environments such as schools. This is because students do no have access to a credit card or debit card. Overall cashless vending is one of the prominent advances that have been made in technical trends.

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