Recently, 43% of American adults surveyed reported having gone through a week without using cash. The vending industry, with over eight million vending machines in the USA alone, is looking for new ways to boost sales based on the opportunities offered by cashless payment solutions. Vendors of other unattended POS equipment such as laundry machines, ATMs, car washes, mini-markets, amusement parks, parking lots, and more are also seeking simple and cost-effective solutions to join the cashless transaction revolution.
Cashless payments increase revenues, allowing for purchases of multiple items even without correct change. In the unattended environment, the higher the average transaction price, the more consumers opt to use a cashless solution. Moreover, a recent study found that adding a cashless payment option to vending machines increased both cash and credit transactions.
Cashless payment solutions from oti enable vending and unattended providers to increase revenues, lower costs and improve customer satisfaction:
oti Reader 6500
High-quality Outdoor Solution
- Fully certified for multiple payment schemes, including Visa, MasterCard, American Express, Discover, Isis Wallet and INTERAC Flash¬ģ.
- Field tested for over 5 years
- Field upgradable firmware
High-quality OEM Solution
- Leveraging oti‚Äôs expertise in designing customizable antennas for OEM devices
- Field upgradeable firmware