Summary analysis of various payment methods for unmanned vending machines

It has been nearly 20 years since unmanned vending machines entered the country from abroad, but it has also become popular in recent years. The payment method of unmanned vending machines has also developed from the initial cash payment to the current face recognition payment, which is becoming more convenient and more user-friendly. Below we briefly analyze the characteristics of various payment methods: 1. Cash payment Cash payment can be said to be the oldest payment method on unmanned vending machines. It has been in use since the day the unmanned vending machines were born. Cash payment is divided into paper money payment and coin payment. Coins are the most widely used because of simple identification and low breakage rate. Paper money involves old coins or severe wrinkles, which has a certain impact on correct and rapid recognition. In Japan, there are coins with denominations of 1, 5, 10, 50, 100, and 500 yen, which have a good boost to the popularization of unmanned vending machines. In contrast, in China, coins are only 1 yuan and 5 jiao denominations. It is not conducive to the circulation of cash on unmanned vending machines. 2. Alipay payment Everyone knows that Alipay is the earliest mobile payment platform for mobile phones, and the same is true in the field of unmanned vending machine payment. From the vending machine launched by haloo and Alipay in 2013 to the sonic payment vending machine to the later scan code payment to today In less than 6 years, Alipay has developed three generations of technology, and its advanced payment technology has been at the forefront of the payment industry. Sonic payment is to use Sonic as a medium to transmit payment information, and you can make payment in a few clicks. Scan code payment is more anti-interference, more convenient and faster. Now it’s even more powerful. You can make a payment by shaking your head in front of the face recognition camera. Alipay digitizes the facial features of the person and uses it as a payment password for payment and shopping, even if the phone is dead or without the phone. Shopping on this unmanned vending machine is novel and convenient, and its safety and recognition rate are also high, reaching 99.99%, which can be distinguished by twins. 3. WeChat Pay It can be said that in the mobile payment industry, WeChat Pay has been closely following Alipay. WeChat scan code payment has been popular for several years. Its face recognition payment is currently in the testing phase. Let's wait and see. 4. When it comes to the payment industry, UnionPay QuickPass certainly cannot fall behind UnionPay. In fact, UnionPay QuickPass appeared very early, because its popularity in the unmanned vending machine industry is not very high. It has also developed three generations from magnetic stripe swiping to IC card sensing to cloud QuickPass app scanning. Among them, UnionPay cards with IC chips have a very fast payment speed. As for the cloud QuickPass app, because everyone is used to using Alipay and WeChat for shopping on unmanned vending machines, it will be difficult for Cloud QuickPass to seize the market again. . 5. Other IC cards. There are many other IC cards, such as employee cards, student campus cards, bus cards, etc. The advantages of this type of payment method are obvious, that is, fast shopping experience and time-saving, but the disadvantage is that the limitations are relatively large. , Can only be used within a certain range. In the unmanned vending machine industry, except for some special places that restrict the use of mobile phones (such as primary and secondary schools or some companies), the cash model is gradually being phased out. Alipay and WeChat scan code payment have always been mainstream payments. However, with the promotion of Alipay’s face recognition payment, facial payment may replace scanning code as the mainstream payment method for unmanned vending machines in the future. Remarks: Vending machines, unmanned vending machines, and self-service vending machines are different people's different names for vending machines, and they are essentially the same thing. Official website: http://www.et-vending.com/ Tel: 0532-86105957 The copyright of this article belongs to the haloo vending machine

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