Hey there - I've been interested in putting some credit card readers in some of my better preforming vending machines and wondered if any one out there has any experience with them that they could share and any info on what companies I can look in to. The company that I keep seeing in the news is USA Technologies.... any feedback would be appreciated!
vending machines that take credit cards?
Started by CashlessKing, Jun 25 2007 02:20 PM
4 replies to this topic
#2
kpower
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Posted 28 June 2007 - 10:54 AM
Don't you need phone lines or ethernet cables run to the machines then? Is that hard to get the facility to agree to?
#3
CashlessKing
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Posted 28 June 2007 - 02:06 PM
Don't you need phone lines or ethernet cables run to the machines then? Is that hard to get the facility to agree to?
No - from what I have been able to gather, a lot of these services are wireless and as long as you can get a cellular signal in the location, you don't have to run anything from the machine except power. Of course there are wires inside the machine to deal with. Here is a video that I found from USA Tech showing installation of one of their units. Not sure if this is still the unit they are selling. I think there is a more updated version... http://www.usatech.c...nstallvideo.php
#4
kpower
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Posted 29 June 2007 - 01:52 PM
That is pretty interesting any idea of what the cost is?
#5
CashlessKing
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Posted 03 July 2007 - 11:49 AM
That is pretty interesting any idea of what the cost is?
I think the hardware is around $400. There are also $10 monthly service fees for the wireless communications costs, the processing, the online reporting, etc. and there is a 5% transaction fee that goes to the credit card companies. Its a big investment, but I am only looking at putting it in my best accounts where I think it would work. I would think this does really well in colleges and accounts where you get folks who are traveling. I am still doing my research on what company looks best. If I get any confirmation on the hardware costs of some of these providers, I'll post it here.
