Crane Co.’s Glenn Butler Defends Cashless Vending

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Glenn Butler, vice president and chief technology officer of Crane Merchandising Systems, defends the economics of cashless vending. Butler defends cashless vending in response to a podcast aired Jan. 7, 2010, in which a vending operator claimed the economics of cashless vending don’t justify the investment. Butler claims that cashless vending makes sense for machines carrying products priced at least $1.75.