Evolution is the hallmark of everything that survives over a long period of time — and so it should come as no surprise that unattended retail has evolved, too, over more than a century since the first coin-operated vending machines made their debut in the...
To boost the bottom line and get consumers interested, actively engaged and ready to spend, retailers have increasingly been turning to advanced technologies such as artificial intelligence (AI) and machine learning to fine-tune businesses — in real time. That’s especially true with unattended retail, where...
Cashless payments firm USA Technologies (USAT) is expanding its partnership with amusement kiosk operator National Entertainment Network (NEN) to bring expanded cashless payment options to more vending machines and devices, the companies announced in a press release on Friday (Nov. 15). NEN will utilize USAT’s...
The rise of unattended retail – from yesterday’s vending machines full of candy and soda to today’s upscale self-service conduits where one can get kiosk champagne at a hotel (it’s true!) – all started with digital payments. In an interview with Karen Webster, Maeve McKenna...
Automated retail might conjure up images of robot cashiers, but beyond a few convenience stores in Japan and Korea, that sci-fi development hasn’t yet become reality for the wider world. Robotics might take over delivery jobs before they make cashiers redundant in the U.S., though....
Vending machines and unattended retail are increasingly going digital. Worldnet CEO Will Byrne tells PYMNTS why the future for kiosk payments remains ‘very bright’ as intelligent retail leverages AI and the convenience factor to gain consumers’ favor.
When rideshare companies like Uber first hit cities, they shook the traditional taxi industry. The value of taxi medallions, or permits to operate taxis, dropped drastically, and lenders that served the industry struggled to stay afloat. Taxis offered professional drivers an established service model...
Unattended stores are backpedaling on their cashless policies, since some nine million unbanked households are put at a disadvantage when cash is foregone. The city of Chicago, though, is bringing the best of both worlds together. In the latest Unattended Retail Tracker, First Deputy Comptroller...
Vending machine operators have become increasingly attentive to the demand for swift digital payment options, and have benefitted from significant sales growth after enabling cashless payments. However, for the 8.4 million unbanked U.S. households, retailers that enable digital payments while dropping cash are less than convenient....
