Full Benefits of Cashless Vending

MICROTRONIC  has many features in Cashless/Prepaid Vending that set us apart.  Typically operators, as well as some members of NAMA, view “Cashless” as Credit Card acceptance only.  We must strongly disagree, as Cashless has many more aspects than simply Credit Card acceptance, but we can offer Credit/Debit cards usage as well!

MICROTRONIC Cashless Systems offers a “Cashless” Smart Chip technology that is virtually contactless with no moving parts and is MDB compliant.  Our system integrates the capability of loading value at the Vending Machine or at our dedicated Loading Station.  We also offer the options of Payroll Deduction and Credit Card Loading.  With our Credit Card Loading feature, the operator decides how much the “swipe” is going to be.  If the charge is $10.00 from the Credit Card, loaded to our media, the percentage rate drops to 2.4% and the operator has that money before any vend has been made. Bonus loading is another feature that many operators are using. To increase the pre-loading of cash money to the media, for example, an operator can give a 10% bonus for $5, $10 or $20 cash loads: $5 = $5.50, $10 = $11, $20 = $22 which drastically increases the higher cash Load.

MICROTRONIC offers “Electronic Tokens” which can be used as traditional Tokens that are given out by an operator today.  Tokens can be given on a daily basis to purchase isotonic drinks only. Tokens can be “earned” for purchases, such as “Healthy Choice” items, where they build until reaching a level to purchase a “free” Token available item. The Tokens can also be “Virtual Money”, in the scenario of giving a set amount to each employee, on a daily, weekly or monthly basis, as an employee bonus, with the option that any leftover balance disappears at the end of the period or can continue to build in value.

Cash money or Virtual Money can be added directly at the Vending Machine on a daily, weekly, monthly, yearly or set date automatically using the MICROTRONIC system. We also have 4 different price categories available within any given environment. One group can pay full price, while another group gets a 10% discount or penny increment discount, etc. We also have operators that offer a discount when using the MICROTRONIC "media" versus cash to increase loading.

MICROTRONIC offers a “Bonus” feature that some operators are using today. For instance, a Bonus point can be given on all selections in a Food machine, while there can be one or two rows of prepackaged condiment kits in a Snack machine that can “free” vend with the Bonus point. This drastically cuts down on condiments walking out of the break room or being used for meals brought in.

Here is just one story:  There was one operator who had a customer that called in early December one year and asked if $5.00 could be loaded automatically to all the employees who volunteered to work on Christmas Eve from 7am until 3pm.  The operator said "Yes" and his service tech went to the location that day, in early December, and set the readers to do just what was asked for Christmas Eve only.  He never had to show up on Christmas Eve, or ever, to make any change.  It was done automatically.  MICROTRONIC used automatic money load with Time Windows to make this happen. 

Another operator decided to try raising the prices to C-Store levels when using cash, but giving a 10% discount when paying with the MICROTRONIC card.  Overall sales increased 25% - with no fees!

Now with our new Self Check-out Market, we are the only one in the industry that can use the same media at both the Market kiosk and vending machines spread throughout the facility.

These are just a few of the features of the MICROTRONIC Cashless System. Contact us for many additional options.  We want to help you be more successful by offering Cashless vending!