mBeaconVend Introduces a New Way to Accept Vending Machine Money

By: Laura McQuarrie - Oct 6, 2016
References: netclearance & nfcworld
mBeaconVend from beacon provider Netclearance introduces a new way to accept vending machine money payments. Rather than having to have cash on-hand, with this system, consumers may simply pay from a mobile device using BLE-based mobile payments.

When making a purchase from a vending machine, consumers will be able to see the amount owed on their smartphone before completing the transaction through the screen of their device.

While many systems still rely on cash-only transactions, mBeaconVend introduces a convenient way for consumers to partake in the growing cashless economy around the world. With this new innovation, Netclearance remarks: "The need to carry loose change in your pocket to use a vending machine will soon be consigned to history."