CPI makes the case that credit cards are not the other form of payment that need to be accepted in vending machines, but also higher denomination bills. Without accepting the $20 bill consumers receive from the ATM, vending will lose sales to the convenience store that does accept that denomination. Truly accepting what is in the consumers’ wallet means taking cash and credit payments. Full blog.
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Crane Payment Innovations (CPI)
May 30, 2007