Automatic Merchandiser - 5

DELIVERING CASHLESS EXCELLENCE TO

UNATTENDED RETAIL
In a recent study conducted by
Michigan State University (MSU),

The Cashless
Difference

MSU Study Snapshot
250,000

$UHFHQWVWXG\FRQGXFWHGE\0LFKLJDQ6WDWH8QLYHUVLW\
068%URDG&ROOHJHRI%XVLQHVVDQDO\]HGWKHUHVXOWV
RIPDFKLQHVFRQQHFWHGWR86$7èVFDVKOHVV
SD\PHQWSODWIRUPWRGHWHUPLQHWKHLPSDFWFDVKOHVV
WHFKQRORJ\KDVRQYHQGLQJRSHUDWLRQV

WRWDOFDVKOHVV
WHUPLQDOV
DQDO\]HG

5HVXOWVDIWHU
WKHĆUVW

18 months
ZLWKFDVKOHVV

250,000 vending machines powered by USAT's cashless
platform were evaluated to determine the bottom line
impact of adopting cashless technology.

SELL MORE, SELL MORE OFTEN
068DQDO\]HGWKHLPSDFWFDVKOHVVWHFKQRORJ\KDGRQWZRNH\
DVSHFWVRIYHQGLQJ

SALES
2YHUWKHĆUVWPRQWKV
WKDWPDFKLQHVZHUH
HTXLSSHGZLWKFDVKOHVV
WHFKQRORJ\top line
sales increased 35%.

CASH VS. CREDIT BREAKDOWN

78%
increase

17%
increase

LQFUHGLWVDOHV

LQFDVKVDOHV

&DVKOHVVWHFKQRORJ\
GRHVQèWMXVWLPSDFW
FDVKOHVVWUDQVDFWLRQV
'XULQJWKHSHULRG
VWXGLHGcash sales
increased over 17%
after machines were
equipped with USAT's
cashless payment
technology.

95,000
ORZSHUIRUPLQJ
PDFKLQHV
SHU
\HDULQVDOHV
VWXGLHG

0DFKLQHV
ORFDWHG

across
the U.S.

TRANSACTIONS

SALES

$IWHUPDFKLQHVZHUH
HTXLSSHGZLWK86$7èV
FDVKOHVVWHFKQRORJ\068
REVHUYHGD26% growth in
the number of transactions
RYHUPRQWKV

2QFHDJDLQ068
IRXQGWKDWFDVKOHVV
WHFKQRORJ\GRHVQRW
HTXDWHWRFDVKOHVVVDOHV
DORQHboth the total
number of cash and
credit transactions
increased.

Over the first 18 months that machines were equipped with
cashless technology, top line sales increased 35%.
CASH VS. CREDIT BREAKDOWN

74%
increase

13%
increase

LQFUHGLW
WUDQVDFWLRQV

LQFDVK
WUDQVDFWLRQV

TRANSACTIONS
After machines were equipped with USAT's cashless technology, MSU observed a 26% growth in the number of
transactions over 18 months.

LOW-PERFORMING MACHINES
Low-performing machines, classified as those that sell
under $2,000 of product annually, experienced a 110%
increase in total sales.

Download the results from the entire MSU study!

Visit go.usatech.com/MSUstudy
800.770.8539 // usatech.com


http://go.usatech.com/MSUstudy http://www.usatech.com

Automatic Merchandiser

Table of Contents for the Digital Edition of Automatic Merchandiser

Editor's Note: A Look Ahead
Industry News
OCS Update
Pros to Know
2020 Forecast
Success Story: Striving for Wellness Along the Northeast Coast
Classifieds
Social Hubs
Automatic Merchandiser - 1
Automatic Merchandiser - 2
Automatic Merchandiser - 3
Automatic Merchandiser - 4
Automatic Merchandiser - 5
Automatic Merchandiser - Editor's Note: A Look Ahead
Automatic Merchandiser - Industry News
Automatic Merchandiser - 8
Automatic Merchandiser - 9
Automatic Merchandiser - OCS Update
Automatic Merchandiser - 11
Automatic Merchandiser - Pros to Know
Automatic Merchandiser - 13
Automatic Merchandiser - 14
Automatic Merchandiser - 15
Automatic Merchandiser - 16
Automatic Merchandiser - 17
Automatic Merchandiser - 18
Automatic Merchandiser - 19
Automatic Merchandiser - 20
Automatic Merchandiser - 21
Automatic Merchandiser - 2020 Forecast
Automatic Merchandiser - 23
Automatic Merchandiser - 24
Automatic Merchandiser - 25
Automatic Merchandiser - 26
Automatic Merchandiser - 27
Automatic Merchandiser - Success Story: Striving for Wellness Along the Northeast Coast
Automatic Merchandiser - 29
Automatic Merchandiser - 30
Automatic Merchandiser - 31
Automatic Merchandiser - 32
Automatic Merchandiser - Classifieds
Automatic Merchandiser - Social Hubs
Automatic Merchandiser - 35
Automatic Merchandiser - 36
https://www.nxtbook.com/endeavor/automaticmerchandiser/april_2022
https://www.nxtbook.com/endeavor/automaticmerchandiser/february-march-2022
https://www.nxtbook.com/endeavor/automaticmerchandiser/december-2021
https://www.nxtbook.com/endeavor/automaticmerchandiser/october-november-2021
https://www.nxtbook.com/endeavor/automaticmerchandiser/September_2021
https://www.nxtbook.com/endeavor/automaticmerchandiser/august2021
https://www.nxtbook.com/endeavor/automaticmerchandiser/automatic_merchandiser_june-july_2021
https://www.nxtbook.com/endeavor/automaticmerchandiser/automatic_merchandiser_april_2021
https://www.nxtbook.com/endeavor/automaticmerchandiser/automatic_merchandiser_february-march_2021
https://www.nxtbook.com/endeavor/automaticmerchandiser/december2020
https://www.nxtbook.com/endeavor/automaticmerchandiser/AUTM_1020
https://www.nxtbook.com/endeavor/automaticmerchandiser/september2020
https://www.nxtbook.com/endeavor/automaticmerchandiser/august2020
https://www.nxtbook.com/endeavor/automaticmerchandiser/junejuly2020
https://www.nxtbook.com/endeavor/automaticmerchandiser/april2020
https://www.nxtbook.com/endeavor/automaticmerchandiser/Automatic_Merchandiser_February-March_2020
https://www.nxtbook.com/endeavor/automaticmerchandiser/december2019
https://www.nxtbook.com/endeavor/automaticmerchandiser/octobernovember2019
https://www.nxtbook.com/endeavor/automaticmerchandiser/september2019
https://www.nxtbook.com/endeavor/automaticmerchandiser/august2019
https://www.nxtbook.com/endeavor/automaticmerchandiser/junejuly2019
https://www.nxtbook.com/endeavor/automaticmerchandiser/april2019
https://www.nxtbook.com/endeavor/automaticmerchandiser/februarymarch2019
https://www.nxtbookmedia.com