Consumers are using less cash than ever, with the average consumer carrying just $21. In response, unattended retail operators are finding new ways to embrace alternative payment methods, ranging from mobile wallets to cryptocurrencies. In the new Unattended Retail Tracker™, PYMNTS charts the latest ways...
Retailers face a balancing act when it comes to high-value and high-shrink items: How do they protect these items against theft, without sacrificing sales? These items are sometimes kept behind glass – under lock and key, no less – and this setup means that consumers...
As it continues expanding into retail, Chef’d has partnered with Byte Foods to bring its meal kits into one hundred of Byte’s unattended retail locations in California. Over the next six months, Chef’d plans to expand to all of Byte’s locations, Chef’d said in an...
They started out selling gum, and now they’re selling tossed salads. Modern vending machines have come a long way since the first coin-operated machines were introduced in the 1880s. Now, they are a thriving, global business. Between now and 2021, the American interactive kiosks market...
Fitness centers are all about working out. However, when it comes to retail in those spaces, it doesn’t always work out. Everybody knows time is money. For businesses, space is money too, and if they don’t allocate it strategically, it can hurt rather than help...
When the parking meter made its grand debut in 1935, it allowed municipalities to collect money in exchange for vehicles to be parked for a set amount of time. Simultaneously, it created the inconveniences of forcing motorists to locate change wedged in between seats to...
Kiosk usage is on the rise across many industries and is expected to exceed $1 billion in overall market value by 2021, according to PYMNTS’ most recent Kiosk and Retail Report, a USA Technologies collaboration that studies trends in the unattended retail category. Food and...
The next stop on the road to technological evolution in the transportation industry may just be unattended. Across the industry, from carmakers and road regulators to bike share programs, companies are looking to unattended retail tech to improve efficiency and unlock new revenue opportunities. In...
USA Technologies, which provides technology to the self-service retail market, is enabling a Missouri-based food service provider to accept cashless payments on all of its vending machines. With the upgrades, Jackson Brothers of the South reported in a press release, consumers will be able to...
