IoT, telemetry and payments company Vendon has introduced a contactless payment solution for vending and coffee machines. Contactless payment capability is an essential add-on to Vendon IoT and telemetry solutions that ensures operators have the comprehensive toolset they need to grow their business, the European tech company said.
Called Vendon Contactless Payments, the new solution accepts the most popular types of contactless payments, including credit and debit cards, mobile and smart device payments. It works with closed-loop payment systems, making it suitable for any equipment type, from countertop coffee machines in an office or a freestanding vending machine in a workplace or public location
Paired with an advanced IoT and telemetry platform for vending and coffee machines, the solution ensures operators have the comprehensive toolset they need to grow their business, the company said. Vendon's IoT solution enables remote vending and coffee machine management, as well as a real-time overview of machine fleets.
Vendon said its products are compatible with more than 700 machine models from over 45 manufacturers.
The company said its payment solution is affordable and easy to integrate. Prices for the Vendon Contactless Reader start at €199.
KEY FEATURES
- Accepts contactless credit AND debit cards; Visa and Mastercard.
- Accepts NFC mobile payments: GPay, Apple Pay, Samsung Pay.
- Highest Level of security: PCI DSS Level 1 Service Provider compliant.
- EMV Level 3 certified.
- Works with MiFare closed-loop payment solutions.
- Low monthly fee, premium support nad easy setup.
- Powered by the Vendon IoT and telemetry platform
- Real-time sales and technical data from machines.
The Vendon Contactless Payments line is now available in the European Economic Area, andt is expected to expand internationally.
Over the last three years, the company observed, the number of cashless transactions worldwide has grown by nearly 33% topping 250 billion and the growth will accelerate even further in the coming years, in large part due to the coronavirus.
To obtain more information about Vendon products, email [email protected].
