Four core technologies of intelligent vending machines

Vending machine market. Smart vending machines have long been a convenient and low-cost tool for reducing an entire store to a refrigerator revenue generator. However, as of today, most vending machines are focused on raising funds, offering variations, and distributing products. Nonetheless, the smart vending machine industry has undergone significant changes over the past few years, starting with the use of smart and advanced technologies to deploy innovative products such as touchscreens and remote device management software technologies that go far beyond simple food and products deliver. 1. Cashless payment With the advancement of science and technology, people's life style has become convenient and fast. The same goes for consumption patterns. Cashless and mobile payment technologies are becoming more commonplace. Today, many smart vending machines come with the standard option of paying for free. 2. Smartphone-AI interaction While many smart vending machines offer free payment options, some vendors are taking things a step further. Some smart vending machines can now interact with smartphones in real time. A customer walks up to a smart vending machine, an artificial intelligence-based mobile app that determines which machine it is, then proceeds to withdraw real-time inventory and display the customer's selection on a smartphone. 3. Innovations in equipment management applications for energy-efficient vending machines enable suppliers to remotely detect, diagnose and repair machines. Coca-Cola has launched an ultra-energy-efficient smart vending machine in Japan that uses airtight doors and vacuum insulation to ensure beverages stay cool during the day without refrigeration, consume more energy, reduce energy costs and help save the planet. These platforms offer endless opportunities for the vending industry to maximize profit margins and productivity. 4. Facial recognition Facial recognition technology was introduced into vending machines in 2014, and many companies have been developing the technology for years. The vending machine includes a motion sensor that knows when a user is approaching, and a camera that identifies consumers. The machine then provides a personalized menu based on the customer's purchase history, preventing them from purchasing restricted products (such as underage customers trying to buy cigarettes). Many smart vending machine manufacturers have adopted this technology and introduced vending machines with facial recognition technology in the commercial market.

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There are different types of , mainly commercial vending machine and vending machine manufacturers.