Tag Archives: payment kiosk

Payment kiosks are interactive, self-service terminals that allow customers to make payments without needing to interact with a human cashier. They are becoming increasingly common in a variety of businesses, from retail stores and restaurants to transportation hubs and government offices.

Here are some of the benefits of using payment kiosks:

Convenience: Kiosks are available 24/7, so customers can pay their bills or make purchases at any time.
Speed: Kiosks can process payments quickly and efficiently, which can help to reduce wait times for customers.
Accuracy: Kiosks are less prone to errors than human cashiers.
Cost-effectiveness: Kiosks can help businesses to save money on labor costs.
Data collection: Kiosks can collect data on customer transactions, which can be used to improve business operations.
Here are some of the challenges of using payment kiosks:

Cost: Kiosks can be expensive to purchase and maintain.
Technical problems: Kiosks can sometimes malfunction, which can frustrate customers.
Lack of human interaction: Some customers may prefer to interact with a human cashier.
Overall, payment kiosks offer a convenient and efficient way for customers to make payments. However, it is important to weigh the benefits and challenges of using kiosks before implementing them in a business.

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Shake Shack Not Going Cashless After All

Half the customers didn’t know how to order on the iPad, a Google commenter wrote

Source: www.eater.com

Here is some insight on cash in restaurants. Shake Shack backed off of it but still is working towards cashless. The CEO reasons are: 

 

Safety: We’ve mitigated the very real security risks associated with having large quantities of cash on-site, so we can become a safer place for our team and our guests.

Efficiency: We’ve streamlined our operations, eliminating cash-counting, and facilitating easier shift transitions (team members can jump on the register without the time-consuming security steps involved in cash-tray change-outs.)

Speed: Without handling cash and making change, we can serve more guests in far less time, meaning you spend less time waiting in line to place your order and pay.

 

Here is LinkedIn article from Meyer the CEO

https://www.linkedin.com/pulse/why-were-going-cashless-danny-meyer/

POS SDK Square – With New SDK, Square Wants to Open New Scenarios for POS | PCMag.com

By opening up the platform, the tech giant is empowering users to bring cloud-based point-of-sale (POS) to workflows it has never serviced before.

Source: www.pcmag.com

Before launching the SDK into the wild, Square worked with a number of select partners to build custom POS solutions by using Square’s technology. The aforementioned Shake Shack has recently been testing cashier-less stores, which it calls the "Shack of the Future," in New York City. Working with the development agency Fuzz, the burger chain built a self-service kiosk that let customers order their food and pay all by themselves. Even though it used Square’s infrastructure of security and payment support, these experimental restaurants were able to drive down wait times with a solution that was effectively customized just for them.

Whitepaper – OTI Brings Cashless Payment Solutions to Worldwide Merchants

OTI Brings Diverse Cashless Payment Solutions to Worldwide Merchants INTRODUCTION TO OTI On Track Innovations LTD, or OTI (NASDAQ: OTIV), is a pioneer and leading global developer of cutting-edge cashless payment solutions including near-field communication (NFC) products and solutions. For over two decades, OTI has provided enterprises worldwide with innovative technology and solutions that forge new business models, grow… Read More »

Payment kiosk – Story from Russia

Nice article on Russian industry that really took off. Excerpt: Russian fintech miracle — Payment kiosk Anna Kuzmina Follow Oct 24, 2018 · 5 min read Once upon a time in cold Russia of 2000 something important happened. A new payment system was born. It would soon dominate the whole country, become part of daily life of every single Russian, and spread across… Read More »

Text-to-Pay for Restaurants

Datacap and Dash Now enable Text-to-Pay (eCommerce transactions) alongside card-present payments for any Point of Sale via Datacap’s NETePay Hosted™ platform.  No hardware or mobile app required. Editor Note: This type of transaction is very common. Calling into order is likely the most common way of ordering.  We  order food regularly from restaurants and unless you are a loyal customer and… Read More »