Cashless Payment Solution for workplace Micro-Market
OTI cashless solutions for workplace micro market incorporates EMV secured payment acceptance for kiosks supporting mobile payments, credit and debit cards. MicroMarket Vending operators can also leverage on the analytics capabilities allowing them to finetune the exact location and position of the machine or products, know the exact stock level at any time and even do marketing promotions at the point of purchase. OTI’s secure kiosk cashless payment solution are intended for micro-market kiosks vendors and suppliers, and can be built into new machines or be retrofitted to old vending machines.
What is Micro Market?
Micro-Market (also known as MicroMarket) usually refers to a self-contained, self-checkout and unattended (no employees or cashiers) small food facility located inside a corporate, office or workplace and usually serves the employees at their work location. In most cases it’s comprised of refrigerated storage and shelves that hold the products. Workplace micro markets are honor-system based and a self-checkout payment system is found nearby allowing employees to pay for their selection. Despite the concept’s similarity to autonomous vending machine, no products are being vend to the consumer and a single corporate micro market usually replaces several vending machines.
Cashless payments in corporate, office and workplace Micro Market
Workplace Micro Markets can be categorized anywhere between convenience stores (C-store), vending or employee break rooms. They are kind of a new breed of retail food establishments – mini-retail. C-store customers usually seek for the best higher-quantities – cheaper-prices ratio. Micro Markets are not intended to compete in this space. They are designed to provide a hassle-free purchase experience of one to several items at a time but they may be accessed several times a day. Micro-market kiosks equipped with scanner and OTI’s micro-market cashless payment solution offer an intuitive and flawless shopping experience that is fast and reliable.
Cashless Payment Systems for Self-Checkout Kiosks and Micro Markets
Cashless payment acceptance and remote management solution for Kiosks and Self-Service Environments otiKiosk provides kiosk system developers with an easy and affordable way to integrate a pre-certified EMV payment acceptance solution into their system, and additionally provides kiosk operators with remote management of their hardware and software.