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Professional Haloo Vending Machine Manufacturer & Supplier.

Several payment methods for vending machines

The vending machine industry is advancing by leaps and bounds. Not limited by the venue, it can be sold 24 hours a day. It can be seen in bus stations, commercial buildings, hospitals, communities, schools and other places. This fast and convenient shopping method is more and more popular, and it is also the demand for modern urban supporting facilities. Do you know what payment methods are available at vending machines? 1. The more common payment method in life is cash payment, directly put in banknotes or coins, and then it will be shipped automatically, and then decide whether or not to change according to the price of the commodity and the denomination of the cash invested. This is also a vending machine. An early payment method. 2. Uncommon is UnionPay payment, by installing pos machines on vending machines. Shopping on the vending machine has the advantages of fast shopping speed and low failure rate. However, UnionPay payment is not a mainstream payment method in the current vending machine industry. 3. Mobile payment is commonly used, that is, Alipay and WeChat. Now with Alipay and WeChat, everyone will bring their mobile phones when they go out. All kinds of bank cards and cash are generally not carried, and all kinds of shopping needs can be paid with mobile phones. 4. Face payment, after registering an account with a mobile phone and granting Alipay payment authority, select the product and choose face recognition payment, you just need to shake it in front of the camera, and the vending machine will receive the payment and ship it. The payment method is still in the pilot stage.

With new and upcoming social commerce technologies, the biggest change for vending machine marketers will be a shift in focus from branding to lead generation and conversion.

Haloo is the vital link in the supply chain, adding value with efficient and cost-effective service and solutions for our customers and our suppliers.

Haloo Automation Equipment Co., Ltd’s model also predicts (i) a positive effect of management on firm performance; (ii) a positive relationship between product market competition and average management quality (part of which stems from the larger covariance between management with firm size as competition strengthens); and (iii) a rise (fall) in the level (dispersion) of management with firm age.

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