Cash payment has made the vending machine industry, but it has given the times!

Cash payment has been playing the role of the industry's'big brother' in the first more than ten years since vending machines entered the country. Any vending machine, as long as it loses the corresponding cash payment module, is almost no different from scrap iron. In the domestic industry, almost all the former cash payment module companies are legendary, because they hold up an era. 'All kinds of long-distance transportation of banknotes and coins collected, exchanged, boxes and bags...' The story of the cash age is still printed in the minds of most operators who have been in business for more than 5 years. The old things are still the best memories and conversations during the dinner. Since the first vending machine entered China in 1994, cash payment has accompanied the Chinese vending machine industry through the most'green' time. And every time the industry 'throbsNowadays, most of the vending machines in China have cancelled the paper coin machine. The reason is that paper coins take up space and become a burden to the vending machine. Even if the price of the cash payment module once accounted for more than 15% of the average total equipment cost, as long as it is a slightly qualified business, almost no complaints. Because there were no such companies and products in that era, the industry might have died early. However, the wheel of history has never stopped because of anyone's achievements. In 2015, with the rapid development of the Internet and mobile payment technology, a situation that no one would have thought would happen. In just over 3 years, cash payments have almost collapsed, and the proportion of transactions has fallen from nearly 100% to less than 30% today. It makes people feel the power of the times and also caught many former'big buddies' by surprise. Some cash payment module companies leave the market, and some feel sad. But in any case, no one forgets them. The sentence 'Achieved the industry, but lost to the times' is the highest evaluation given to a generation and a period of time for their contributions. Although no one can stop the trend of the times, today looking back at the evolution of payment methods in the industry over the past few years, there are still many things worthy of reflection for industry companies: 1. Pay attention to changes in consumer habits and nothing It is immutable. Especially human habits. In the early days when non-cash payment entered the industry, there were many people who believed that consumers’ cash usage habits were difficult to change. But today, calm down and look at this issue. At that time, many companies were mentally prepared for possible changes in consumers. inadequate. 2. We must attach great importance to the business efficiency impact that new technologies may bring. The reason why non-cash payment technology can quickly win the 'people's hearts' is that technology is the fundamental factor in improving business efficiency. 3. Learn to embrace change and be brave to innovate. Even if the proportion of non-cash payment is as high as 70% of the industry today, in some special scenarios and large-scale operational disaster preparedness, cash payment still has a high value for existence. Assuming that three years ago, if companies in related fields can open their minds and ideas, actively dig deeper into the needs of industry companies in other areas, and jointly develop some cross-border, cost-effective integrated equipment with professional companies in this field, maybe it will be today Another situation.