Jane

How vending machines work with data in the 21st century?

With trending IoT, now its time for the vending industry to become “smart” with Kwikpay’s vending solution. Although, the vending machine itself is an advanced version of running an entire store in refrigerator size box. 

However, the vending machine still requires a lot of management and operational cost behind the wheels. A typical vending machine usually deals with dispensing the desired product in exchange for exact change/coins.

With Kwikpay, the vending machines have been “App"ify”.  So, what exactly has been changed? With the Internet of Things, now you can control, monitor and make an interface with the machine without being physically present. Kwikpay has been beneficial to both the users and the operators. So, its a must app for both users and operators for the quick, safe and secure transaction.

Here are the top uses for the operators with Kwikpay App

1.Multilevel/ Analytics Reports: You can access both machine wise and product wise reports. This will help you to do suggestive inventory planning and demand forecasting. According to location and product, you can track sales of the machine.

2. Machine maintenance

You can get real-time alerts about machine health. The easy access for all the machine data in a single dashboard.

3. Product Management

You can decide the recipe for the hot beverages, like which coffee is working well with the customers whether is its latte, Americano or cappuccino. The dynamic control of prices is now under your control.

4.  Inventory Management

Now you can manage the inventory for both cash and cashless. Additionally, easy and quick guided machine refill for cell-cell.

5. Transaction Management

You can find all the transaction history of the individual plus consolidated reports for both cash and cashless.

6. Payment reconciliation

You can do direct deposits and reconcile with all your stakeholders.

7. Customer Profiling:

Know your customers well, and launch your product testing according to data like frequency of purchases and you can do social media outreach according to that.

8.  Launch loyalty programmes, flash sales and freebies

You can promote multiple bundle offers, flash and freebies according to your convenience.

For users:

1. Touch-free App Experience: Mobile app interface to list and pay for multiple products.
2. Digital Payments: Digital payment access through all the major cards like VISA, Mastercard, Apple Pay and Paypal. Get the instant refund and know your transaction history on your email. 

Kwikpay app has a vision of maintaining and offering good digital experience to its customers. And with Kwikvend, it is looking forward to serving both operators and consumers in creating a smooth digital journey!