A device affixed to automated retail units allows customers to purchase goods using electronic payment methods such as credit, debit, or prepaid cards, and increasingly, mobile wallets. This technology typically involves a slot or contactless pad where the card or device is presented, facilitating secure transactions.
Acceptance of electronic payments increases accessibility and convenience for consumers, potentially boosting sales for vendors. This shift away from cash-only transactions reflects evolving consumer habits and improves hygiene by reducing physical contact. Historically, vending machines relied solely on physical currency, limiting purchasing options and requiring vendors to manage significant cash reserves. The integration of electronic payment systems represents a significant advancement in the industry, providing a more secure and efficient alternative.
