Planet Antares Vending Increasing Customer Preference

The old vending adage, “no cash, no purchase” is being replaced with “no cash, no problem!”
Along with the increasing attraction of common people towards self service technologies and online applications, there is a growing interest in the implementation of alternative payment options for traditional cash based transactions.

Some parts of the vending industry have already accepted the card payment systems. Nowadays, innovative payment technologies that are designed to redesign vending transactions are being adopted at an extraordinary rate.

In the past years, there was a slow adaptation rate for cashless vending. This can be attributed to customer reluctance to use cards for low value dollar transactions, a lack of operator experience with new technology, and its perceived high costs. This is changing as more and more Planet Antares vending operators become aware of the impact that cashless transactions have on vending operations.

Consisting of more than 8 million machines, the vending industry can be said to be the largest cash business in America and certainly the most pervasive retail in terms of number of locations.

From the perspective of a Planet Antares vending operator, the cost of hardware, software and transaction procession have declined to render cashless a much more appealing payment option. This has also drawn the attention of full-line vendors like Planet Antares vending operators.

Over the years, there has been a steady increase in the performance for credit cards as a method of payment. Economists have pointed out the fact that credit card transaction volumes had doubled between 1992 and 1998.

It has been proven that cashless vending systems can be quite profitable for your Planet Antares vending business. That implies that if you implement it in your Planet Antares vending operations, it can be the greatest thing you do!