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eMoney News

Vending firm uses cashless catering facility
13 Aug 2009

The boss at a US-based vending and foodservice firm has revealed how his company has gone some way to contributing to a cashless society.

JE Hicks from Prestige Services told Vending Times (VT) that it is important to be proactive when it comes to industry changes and providing customers with eCash options is one way of doing this.

Indeed, cashless payment provision has apparently helped his business and this area of the payments industry is set to grow.

"I have cashless acceptance on several machines in locations where I'm sure we'd lose sales if we counted on people having cash," he told VT. "We've seen the cashless option lift sales by as much as 15 per cent."

Demand for such services will continue to grow, he added, before suggesting that it will soon become more of a necessity rather than an option.

UK-based sQuidcard, which is already providing cashless catering solutions in Wiltshire schools, is looking into cashless vending as an extension of its eMoney platform.