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Hospitals in Wales are set to ban vending machines dispensing junk food like chips and chocolate and carbonated drinks in the next six months, according to a news report. The restrictions will not be applied to vending machines selling healthy food and drinks such as water and fruit juice, says the report.
The new restrictions from the Health Ministry are in line with steps to overcome the obesity problem in Wales. It is reported that almost one-fifth of Wales early teenagers are obese as are more than half of adult men and women.
Reportedly, trial projects are underway at leisure centres in Wales to provide healthy food and drink choices from vending machines.
The new restrictions from the Health Ministry are in line with steps to overcome the obesity problem in Wales. It is reported that almost one-fifth of Wales early teenagers are obese as are more than half of adult men and women.
Reportedly, trial projects are underway at leisure centres in Wales to provide healthy food and drink choices from vending machines.
Intermatic Manufacturing, a vending machine company based in Larne, has bagged several contracts in the US to supply its candy floss making machine, according to a news report published by NewsLetter [http://www.newsletter.co.uk/business/Local-candy-floss-machines-set.3719050.jp].
The report states that one of the new customers is the operator of about 60 upscale entertainment complexes. The new orders are reportedly valued at over half-a-million pounds.
The vending machine maker has already supplied its equipment to far-flung countries like New Zealand and Kuwait, with the prospect of supplying these machines in the Far East.
The report states that one of the new customers is the operator of about 60 upscale entertainment complexes. The new orders are reportedly valued at over half-a-million pounds.
The vending machine maker has already supplied its equipment to far-flung countries like New Zealand and Kuwait, with the prospect of supplying these machines in the Far East.
One of the main objections a machine operator may have with providing the cashless option could be the transaction fee that they could incur from the credit/debit card company, particularly for small value transactions, which is what most drinks vending machines are used for. This concern has its own legitimacy, but considering the overall benefits of the additional option and the potential revenues it can generate, a cashless vending machine could be seen as an option that could yield a lot more revenues (and profit), albeit at a marginally lower profit margin per transaction.
A couple of key consumer-side factors that can benefit cashless vending machine operators are listed here:
⢠Growing customer comfort with various forms of cashless technology: Consumers are increasingly becoming comfortable with using credit cards and debit cards, even for very low value transactions, which was certainly not the case until recently. However, with the card companies marketing their products aggressively by doling out a host of loyalty / usage benefits, consumers are duly incentivized to use the cashless option.
⢠Consumers donât want to carry a lot of loose change: A cashless option lets consumers use the vending machine without thinking about carrying exact change or getting a whole lot of coins as balance.
⢠Provides potentially more sales from tourists: International travelers who recognize brands of products dispensed by a vending machine but are prevented by the unavailability of local currency will also appreciate the cashless option. As number of tourists grow, this could be a much stronger reason that it may seem initially.
⢠Capitalizing on impulsive buying: A large number of purchases from vending machines are believed to be impulsive purchases. It has already been noted by economists that impulsive purchases become even more likely with the availability of options to pay by credit and debit cards. This increases the probability of consumers using a cashless vending machine more and thus contributing to more revenues and profits for a machine operator.
Cashless technological advancements in vending machines already include the use of contactless RFID technology. Going forward, we may soon see the possibility of biometric payments in vending machines as this technology matures and finds more diverse applications.
A couple of key consumer-side factors that can benefit cashless vending machine operators are listed here:
⢠Growing customer comfort with various forms of cashless technology: Consumers are increasingly becoming comfortable with using credit cards and debit cards, even for very low value transactions, which was certainly not the case until recently. However, with the card companies marketing their products aggressively by doling out a host of loyalty / usage benefits, consumers are duly incentivized to use the cashless option.
⢠Consumers donât want to carry a lot of loose change: A cashless option lets consumers use the vending machine without thinking about carrying exact change or getting a whole lot of coins as balance.
⢠Provides potentially more sales from tourists: International travelers who recognize brands of products dispensed by a vending machine but are prevented by the unavailability of local currency will also appreciate the cashless option. As number of tourists grow, this could be a much stronger reason that it may seem initially.
⢠Capitalizing on impulsive buying: A large number of purchases from vending machines are believed to be impulsive purchases. It has already been noted by economists that impulsive purchases become even more likely with the availability of options to pay by credit and debit cards. This increases the probability of consumers using a cashless vending machine more and thus contributing to more revenues and profits for a machine operator.
Cashless technological advancements in vending machines already include the use of contactless RFID technology. Going forward, we may soon see the possibility of biometric payments in vending machines as this technology matures and finds more diverse applications.
As manufacturers of drinks vending machines continue to look for new ways to fulfill the consumer-penetration needs of vending machine operators, one of the key trends has been the emergence and increasing visibility of âcashlessâ vending machines [to be sure, cashless vending machines do not mean that these do not accept any cash; just that they offer an additional option to accept credit/debit cards or smart cards].
In fact, studies in the US have already proven that the cashless payment options are helping vending machine operators to increase their consumer base and consumer satisfaction, with electronic payments already exceeding those made by cash. In fact, purchases from vending machines using credit and debit cards are already growing at double-digit rates, thereby providing an even greater reason for operators to seriously consider opting for such machines. Considering this trend in the US, it is highly likely that a similar trend will follow in the UK and other parts of Europe.
In fact, studies in the US have already proven that the cashless payment options are helping vending machine operators to increase their consumer base and consumer satisfaction, with electronic payments already exceeding those made by cash. In fact, purchases from vending machines using credit and debit cards are already growing at double-digit rates, thereby providing an even greater reason for operators to seriously consider opting for such machines. Considering this trend in the US, it is highly likely that a similar trend will follow in the UK and other parts of Europe.
Leading supplier of vending machines Kafevend is witnessing growing demand for its remanufactured vending machines. This growth may partly be due to the special manufacturing seal of approval from Live Earth, an environmental organization, which gives buyers of vending machines both an economical and environmentally-friendly option.
Remanufacturing of vending machines involves the complete rebuild of the machine using new parts. However, remanufacturing makes environmental and economical sense because it saves the wasteful and unnecessary scrapping of serviceable machinery and saves precious resources. The remanufactured vending machines are then subjected to stringent quality and safety tests.
Remanufacturing of vending machines involves the complete rebuild of the machine using new parts. However, remanufacturing makes environmental and economical sense because it saves the wasteful and unnecessary scrapping of serviceable machinery and saves precious resources. The remanufactured vending machines are then subjected to stringent quality and safety tests.