Archive of June 2011.

Location, Location, Location!

by Chuck Reed- MEI Marketing Director of Vending Americas and APAC
Chuck Reed- MEI Marketing Director of Vending Americas and APAC
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on Wednesday, June 01, 2011
| Cashless | 0 Comments

Whether deciding to add a banknote recycler or to go cashless or to integrate some combination of payment accepting devices, we are typically asked the same question: What criteria do you use to determine what payment device to invest in and when?

We usually respond with with three or four criteria such as vend price, but the one thing that we always include is location. The specific location of your vending machine is a critical element in the equation because it affects what is being sold, the volume, the risk for vandalism, and what types of payment are most prevalent. Here are just a few examples:

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