Session Will Provide Strategies That Allow Operators to Monetize Cashless Technology
Scottsdale, AZ July 26, 2011—Apriva, the leading provider of end-to-end wireless transactions and secure information solutions, and MEI, the leading global manufacturer of unattended payment systems, today announced that they will jointly host a Town Hall meeting on the economic advantages of deploying bill recycling technology, intelligent vending solutions, and cashless payments solutions at the Southeastern Vending Association (SEVA) Conference, at the Sandestin Resort in Destin, Florida. The Town Hall is scheduled for Thursday, August 4th at 1:30 pm in the Magnolia D room at the Baytowne Conference Center. The event is open to all vending operators attending SEVA, and is free of charge.
Following 2010’s highly successful Town Hall event at SEVA, this year’s session focuses on the variety of solutions that vending operators can successfully leverage in order to grow revenue, reduce costs and increase profitability. Among the topics to be covered are bill recycling benefits and site recommendations, intelligent vending and advanced telemetry solutions, vend pricing strategies, location, demographics and other factors for successful bill recycling and cashless vending, and an overview of Interchange policies and processes.
“With our Apriva Vend™ offering, we’ve worked with vending operators throughout the country who are now enjoying the tangible business benefits associated with cashless technology,” noted Stacey Finley Tappin, vice president for Apriva. “We would like to use this Town Hall session as a vehicle to share our collective experiences and demonstrate how operators can use cashless technologies to address their most urgent needs, like breaking out of a commoditized sales cycle, reducing OPEX, and most importantly, improving profit margins.”
An end-to-end solution, Apriva Vend gives operators the ability to cost-effectively integrate cashless vending into their operations to improve customer satisfaction, increase operational efficiency, and capture better sales and profit margins. Apriva Vend’s comprehensive services incorporate system hardware and software, wireless connectivity, transaction and alarm reporting capabilities, and integration with leading payment processors and financial institutions.
“Bill recycling and cashless payment solutions are proven tools for driving same location sales lifts. Many of the operators we speak with already have a good understanding of the mechanics of bill recycling or cashless technology, and are currently evaluating the practicality of deploying these solutions within their own businesses,” said Chuck Reed, MEI’s marketing director. “This Town Hall event gives us an extraordinary opportunity to share best practices, and reinforce the numerous benefits that bill recycling and cashless technology delivers to operators across the board.”
Founded in 1999, Apriva is the leading provider of end-to-end wireless transactions and secure information messaging solutions that meet the exacting security and reliability requirements of financial services providers, government entities, and public service sectors. Through its two operating groups, Apriva Point of Sale (POS) and Apriva Information Security Systems (ISS), the company offers customers fully-managed, end-to-end, security solutions that incorporate hardware, software, network infrastructure and management tools. For more information, visit www.apriva.com.
MEI, headquartered in West Chester, Pa., holds the world’s largest installed base of unattended payment systems, handling over two billion transactions per week in more than 100 countries. The company developed the first electronic coin mechanism in the 1960s, followed by the first electronic non-contact bill acceptor, and more recently its credit card capability and vending management solution. Recently, MEI reached a milestone of selling more than four million bill acceptors and five million coin mechanisms worldwide. Its products are in widespread use in the vending, soft drink, gaming, amusement, transport, retail, and kiosk markets. For more information on MEI and its products, visit www.meigroup.com or call 800-345-8215.
Parallel Communications Group