Livewell Vending and Cashless Payment Technology
Today Google is launching Android Pay, its tap-and-go contactless payment service, in the UK offering a rival to Apple Pay which has been operating here since last summer.
The UK’s enthusiastic adoption of chip-and-pin and contactless payments in the past few years has made it a key battleground for mobile payment vendors. More than 3 billion contactless payments were made in the year to April 2016.
At Livewell Vending, we have a keen interest in how advancing technology can change our own industry. We continue to focus on bringing the world of vending up to speed with the innovative pace of retail. Something we call Vetail®.
Cashless payment and touch screen technology combined with a wide choice of products make vending a convenient and attractive option for consumers. We think we are now entering a new era for vending where contactless payment and highly-interactive machines will help increase the customer base and expand sales value by enabling product manufacturers to develop creative ways to promote their offerings and attract more vending customers.
If UK consumers discover that mobile contactless payment is simple, convenient and that they can get access to money saving deals via their phones, then paying by card could begin to look as old-fashioned as writing a cheque.
Similarly, a vending machine stocked with high quality products and taking contactless payment whilst offering the same money saving deals as other retail outlets will ensure that, unlike cheques, the vending sector is not left behind.
Talk to Livewell about our innovative approach to vending. Get in touch today.