How many payment modes do you know about vending machines?

Vending machines, as we all know, are mechanical equipment that can sell goods by themselves. Some people call them unmanned vending machines. This equipment has a long history, but modern vending machines were born in Japan after World War II. After the baptism of war, Japan's economy was in urgent need of development, and modern vending machines came into being. However, with the rapid economic development, labor costs are also increasing. With the increase in rents, this will also affect the cost of the retail industry to a certain extent. However, the emergence of vending machines can solve these problems. The biggest feature of vending machines is that they are unmanned. Otherwise, they cannot be called unmanned vending machines. This feature can save a lot of labor costs. Put the machines there, people don't need to guard them, just replenish the goods regularly. In addition, it is open 24 hours a day, 365 days a year, which is incomparable to stores. Vending machines are also a pillar industry in Japan. Beverage giants such as Pepsi and Coca-Cola have also put a large number of beverage vending machines as retail terminals, occupying a large share of sales! In order to cater to the development of vending machines, Japan has carried out currency reforms and issued coins of various denominations. You should know that coins are more convenient to use on unattended self-service devices than paper money. Whenever I think of coins with denominations of 1, 5, 10, 50, 100 and 500, I feel a little excited. It's so convenient! Of course, self-service equipment in Japan is not just a vending machine, self-service subways, buses, game equipment, etc. all require coins. The convenience of this kind of monetary policy lies in the entire retail market, while in Europe and the United States and other places, more payment is made by credit card. In recent years, with the popularization of e-commerce and mobile payment, the development of vending machines in my country has been slow, and we are adopting a unique Internet mobile payment method. We do not need to swipe cards or nationally issued coins of various denominations. We can pay and buy things through mobile phone scan codes or face recognition. Through comparison, we will find that the factors leading to the emergence of vending machines at home and abroad are basically the same, that is, rising labor costs and rising store rents. In a specific business environment, the convenience of payment methods has a decisive impact on the development of the vending machine industry. According to different business environments, different countries use three different payment methods-coins, credit cards, and online mobile payments. This may be the main difference! So, what do you know about the payment model of vending machines? See you next time!