Cashless vending payment solutions and systems

Cashless payments are on the rise. According to the EPC, non-cash payments in Europe rose by 7.9% to 134 billion from 2016 to 2017. Increasing numbers of consumers are opting for card and digital payment methods and – partly as a result of this – fewer cash points are available. In light of these changes, offering cashless vending will give your business a stronger position in the market.

Modern life is shaped by ever-developing technology and the convenience it offers. Consumers expect quick, easy access to products and services – whether that’s ordering a taxi or buying a snack from a vending machine. Digital payments play an essential part in making this happen, with digital payments volume growth expected to accelerate up to an average of 12.7% until 2021 (World Payments Report 2018). Cashless vending supplies the speed and accessibility that today’s customers prize.

Finally, accepting cashless payment methods alongside cash payments will open up your business to the widest variety of customers. Everyone, no matter their method of choice, will be able to pay.

Yes, of course. At CCV, we work with you to determine the best payment solution for your vending business, whether that’s cash-free, cash plus card, or another solution. However, many vending operators are moving towards cashless systems. Non-cash vending offers greater convenience (to operator and customer) and the potential for smart, connected machines.

CCV can integrate a comprehensive range of cashless technologies into your vending machines. Choose from: credit and debit cards (chip-and-pin or contactless), digital wallet apps (on smartphones, smart watches, and other devices), other apps (QR code, subscription, or pre-paid, for example), loyalty cards, and closed-loop cards. Our expert advisors can help you decide which payment solutions are best suited to your locations, products, and target audience.

Building a successful vending business is your top priority as an operator. At CCV, our top priority is providing the most up-to-date, reliable payment solutions to help you achieve your business goals. We offer cashless vending payment systems that will keep you ahead of the game in a digital world.

Fewer consumers than ever are carrying cash, but you can make sure that no cash is no problem at your vending machines. CCV will integrate the cashless payment solutions of your choice: our interfaces will allow to you accept bank cards, contactless cards, mobile payments, loyalty cards, and more.

Cashless payment systems can increase the number of vends and the value of individual transactions. Owing to their speed and convenience, cashless payments also enhance customer satisfaction and build your brand reputation. In addition, you can also offer loyalty schemes, whether card or app based, that will bring customers back to your machines again and again.

Take the opportunity presented by cashless payments to optimise your business operations and gain key sales insights. A smart, connected vending machine can tell you when it needs restocking or maintenance. It makes it easy to discern the most popular products, and even the demographic of those purchasing them.