PAYKEY Cashless Vending

Transcription

1 PAYKEY Cashless Vending Operators in these states The Future is Now! In Just 2 Years!!

2 PAYKEY is EASY! MDB Compatible DEX Compatible Inexpensive Cashless Payment Option Paykey mimics a coin mech PAYKEY System simply piggy backs off the machine s control board Burden of a successful transaction shifts from vending machine to customer via electronic transfer Vendor controls electronic sales via PAYKEY cashless technology - no expensive server software controlled by the location

3 $500 - Starter Kit Minimal Startup Costs Then, less than $300 per machine! Keys! $6.00/each 5 Machine Facility with 200 employees = $3200!

4 Recharge Capabilities Recharge capability:! at Machine or! at Recharge Station e-port uses ATM phone no additional operating cost Minimum transaction to value Paykey - $20.00 Maximum amount to value Paykey - $50.00

5 Why Cashless? Vending customers experience greater satisfaction Reduce / eliminate service calls Promotional discounts easy to initiate Less sensitivity towards vending prices Over 50% transactions in U.S. are now cashless

6 ~ Ultimate Goal ~ Completely Cashless Environment Two-step process: 1. Offer PAYKEY system as a payment option with coins and cash, or 2. Once familiar, remove coins and cash and go completely cashless! No coins! No change returned! Easy to recharge!

7 On March 1, 2004, Atlas Food Systems successfully transitioned one of their accounts, Faurecia, an automotive products manufacturer in Fountain Inn, SC, to completely cashless to the delight of the employees and management. Atlas has learned that, given time, employees will accept and even welcome a completely cashless environment! Ranson Anderson, an employee of Faurecia stated, It seems like I m spending more money, and that s what everyone else says, because it s more convenient. Plus, I don t have to worry about dropping my quarters under the machine! Going Cashless

8 Equipment Savings 4 machines, validators and mechs = $ $1 / $5 Changers and Stock = $ Removed = $ Installed RCS 100 Recharge Station = $ Savings = $

9 Vending Paykey PAYKEY now offers a sundry-size box for vending the Paykey from the snack machine. This allows the vendor to easily distribute the Paykeys among a plant work force.

10 Ways to Distribute Customer Paykeys Vend Paykey through snack machine Issue Paykeys as a promotion - i.e., get a Paykey ($6 value) free with $5 credit by giving $5 to your vending attendant Issue Paykeys to employees with x% discount on purchases while cash users pay retail Have customer facility purchase the Paykeys and distribute to employees Issue Paykeys with or without value in lieu of commission $$!

11 Customer Loyalty = $$!!

12 Compatibility with Manufacturers Supportive testing and upgrading from all major manufacturers

13 Compatibility with Software Systems Accounting data are defined in DEX Standard: DEX field DA2 - reports Sales by Key DEX field DA4* - reports Revalue Amount * Machines that do not revalue do not need to implement and update DA4 Field Machine thinks Paykey is another coin mech

14 PAYKEY s Accounting Keys 1. Sales by Key - displays the total cumulative sales made by all Paykeys 2. Revalue Key - displays the total cumulative amount for future sales in a machine used as a Recharge Station 2. 1.

15 PAYKEY Data Retrieval System 1. Attendant inserts keys into machines to obtain machine specific readings 2. Attendant either writes report or returns accounting keys to the office 3. Accountant inserts key in base unit to retrieve full accounting report from machines

16 Crane National Control Panel Configuration Utilize the Crane National Control Panel Configuration Settings to obtain all DEX information directly from control board

17 Linking Cashless Sales Opportunities to the DEX Retrieval Process ex Key One ex Key can multicapture multiple locations and machines! PK2

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