Hardware cost is the third key cost area for cashless vending, notes vending technology veteran John Powell. In an interview with Elliot Maras, editor of Automatic Merchandiser Magazine, Powell addresses what vending operators need to consider when investing cashless vending. He recommends a 3-year amortization for the hardware. To listen to the podcast, click here.
Editor’s Insight: The hardware costs associated with cashless readers has decreased over the years. Vending operators who have not yet invested in cashless need to realize that the significant groundwork has been done on all aspects of cashless vending.
Investing in cashless is not as risky as it was a few years ago. 07-21-11 by Elliot Maras
