Cashless Vending And Its Advantages

Cashless payment systems are the most happening thing in the vending marketplace right now. Most vending operators agree that the next level of convenience has come in the form of contactless cashless payment technology.

Within such an environment, purchase transactions are carried out with the wave or tap of a plastic card, flexible tag, mini card or key chain fob, but not the swipe of a magnetic stripe. In Planet Antares vending machines, this process involves exchange of transactional data through contactless linkage with a specially designed radio frequency equipped device.

You can actually enhance the sales of your Planet Antares vending business as well as improve transaction speed as well as customer satisfaction through cashless technology. The transmission and receipt of radio signals that occur between a contactless credit card and radio frequency identification (RFID) enabled vending machine reader can help you achieve this.

Usually, such mode of payment is suitable for traditional cash only merchant locations where fast customers become essential. These are places like quick service restaurants, vending machines and gas stations.

It has been observed in several industry reports and surveys by vending operators, including Planet Antares vendors that consumer habits are changing in favor of cashless payments. This means that buyers can wave more and swipe less. As an account holder, all you have to do is simply wave or tap payment media near or on the reader mounted on the vending machine and the transaction will be automatically initiated and accomplished.

Planet Antares Inc has successfully adapted to new customer demands by looking for ways to improve your machine services so that your revenues can increase. Contactless technology is one way to achieve this since it can contribute to enhancing consumers’ perception of vending.

By utilizing cashless technology, the vending consumer will enjoy faster transaction speeds. In contrast, the vending operator will have the luxury of better cash management and increased average purchases, which is usually reported at 15 to 20 percent.

As a result, cashless transactions have positively influenced speed and convenience in vending machines. With the introduction of contactless technology in Planet Antares vending machines, business profits can reach the next level.

Planet Antares Tips For Recognizing Dishonest Vendors

Along with the legitimate vending companies, you will also come across fraudsters claiming to be genuine enterprises in the dynamic, ever changing vending industry. The trick is to recognize dishonest vending operators and steer clear of any business relationships with them as partners, suppliers or customers.

Generally, dishonest vending operators will report fictitious sales of lower amount to the client.

During the following processes, alteration of the original, actual amount takes place:

• Collection
• Counting
• Data entry
• Commission calculation
  

In case a single person conducts these functions, all other members of the vending operator may or may not be aware of the scam. This person may be the manager or the route driver.

As a Planet Antares vending business owner, you will need to hire people who are trustworthy to run your vending business. If the personnel are dishonest, this will bring bad reputation to you.

Surprisingly, a few vending operators prefer running a dishonest vending business and their only concern is to prevent the customer from finding out. If the customer recognizes their scam, these companies face the risk of loosing the account and possibly face legal charges to recover lost commissions. To prevent any such situation, you must employ honest and experienced staff in your Planet Antares vending business.

A large portion of the operator’s team handles cash or products that can be converted into cash. Hence, it becomes important to employ people with ethics, moral integrity and a conscience to prevent stealing incidents in your vending operations.

Other than the above stated issues, a dishonest vendor even faces the real market risk. For example: If a location is lost due to under reporting of sales and is taken over by a reputable Planet Antares vending operator, it will show a sharp increase in sales and hence, greatly appreciated.

In the end, an honest vendor always has the potential to drive a dishonest vendor out of business. He may contact other locations and tell them about the wrongful activities of the fraudster vending operator. This leads to greater business prospects for the legitimate vending operators and eventually, higher profitability.

Branding Of Planet Antares Vending Products

Automatic merchandising is system that can help vending operators build a better brand image. In view of the greater variety and technical innovations, many of the Planet Antares vending operators are grateful for this progress but they would still like to see the reputation of the vending industry improve more.

Planet Antares vending operators aim to generate more confidence in the public regarding the value of money provided by Planet Antares vending machines. As a result, you will be able to charge higher prices and thus be in an advantageous position to maintain the highest level of service.

Generally, vending operators complain that customers still don’t understand them. This needs to be improved upon. It is agreed by most vending operators that a lot needs to be done to uplift the image of the vending industry.

In regard to the preferences while buying vending machines, customer opinions differ greatly from one another and from that of the sellers. Almost half of them believe that as compared to vending machines, the retail prices in c-stores are lower. Of course, this is not true.

The fact remains that a number of customers hold vending products in low regard. They consider mobile catering food to be higher than vended food. As it is, this presents a challenge in front of the vending industry to change this viewpoint in their favor.

On the whole, the automatic merchandising industry doesn’t have the experience in image building and has failed to utilize public relations as a tool for change. With Planet Antares Inc, vending operators can get all the essential information on dealing with questions posed about potentially tricky or difficult issues, such as food contamination.

In the coming years, there will be a change in the viewpoint of people who do not believe in purchasing food from vending machines. They will realize that retail prices are not lower than those of vended products found in Planet Antares vending machines.

Remember that consumers expect high quality service from every consumption channel. The various competing foodservice channels have made this concept even stronger. This means that it depends on the vending operators to ensure that they always offer quality services and cater to customer needs in the best possible manner.