Vending Technology - Cashless Vending
Credit Card Acceptors
At Black Tie Services, we offer the latest in cashless payment technology. We are moving towards a cashless society. Our unique cashless payment system allows you to pay with all the major credit cards, debit cards, and other forms of cashless payments. We can even customize your payment center to be compatible with your own stored value systems or point of sale system.
Vending machines installed are equipped with credit card acceptors which gives the consumer the ability to purchase items using coins, currency along with Credit or Debit cards. In many of our locations we see a large portion of our sales coming from cashless transactions
Bill Recycling - Pay Change In Bills
Bill Recycling creates a more pleasant consumer experience for any location. With diverse payment options, Bill Recycler sets a new standard for consumer convenience. Our machines can accepts denominations of $20, $10, $5, $1, and coins, paying change back in bills and avoiding heaps of change in your pocket.
Automated Self-Checkout Breakrooms
Our new Avanti Markets and Company Kitchen breakroom solutions also offer cashless kiosk; using he latest in self-checkout technology. The system identifies the products by barcodes, allowing any item in the store to be paid for through the self checkout. Transactions take just seconds to complete. Customers pay using credit, debit or their keytag card!
Google Wallet
We have partnered with Cantaloupe Systems to let consumers use Google Wallet to pay for snacks and drinks at vending machines across our Marlyand and Washington DC markets. Customers will be able to make purchases by tapping their devices at the vending machines. Google Wallet-equipped vending machines will feature prominent stickers so consumers know which machines work with the app, and that eventually operators and even Google could send coupons and rewards to users as they purchase snacks.
The Future of Cashless Vending
USA Technologies has released details of vending research it has conducted "showing that vending machines equipped to accept debit and credit cards have dramatically changed consumer-purchasing habits."
Their studied show the following:
- » Consumers typically adopt the cashless option as soon as it is made available
- » Greater success occurs with the complete replacement of aging stored value card systems, resulting in lifting cashless sales from less than 10 percent of total sales to an average of 38 percent with credit/debit cards
- » Credit/debit is also popular with military, healthcare, travel, and especially universities
- » Credit/debit supports higher priced vends and purchases above $1.00
Credit and debit card transactions grew an estimated one trillion dollars over the past five years, and are projected to grow to more than two trillion over the next five years. Black Tie Services is prepared for and embracing this trend.
We make vending accessible to more consumers!
Between our competitive prices and vending technology, the choice is easy. For additional information about Black Tie Services please complete our on-line information request or call us at 800-969-VEND.