Vending Technology News April 1st , 2018
Vending Technology News
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Reza Kasravi
Reza Kasravi of Coca-Cola North America addresses NAMA attendees, flanked at left by Jason Hosking and Matt Robards of Hivery and Ed DeFraine of Reyes Coca Cola Bottling.

By Jeff Adair

Reyes Coca Cola Bottling, based in Irvine, Calif., improved its full line vending profitability by deploying an artificial intelligence (AI) tool. Company officials gave an overview during the recent NAMA show at the Las  Vegas Convention 

Reyes Coca Cola Bottling, which manages 19,000 vending machines across California and Nevada, recently completed a two-year project that delivered a 6 percent sales increase and a 15 percent decrease in restocking trips, noted Ed DeFraine, vice president of food service and on-premise for the company.

DeFraine, who was joined by Reza Kasravi, head of IT strategy, architecture and operations for Coca-Cola North America, and representatives of Australia based Hivery, the company's AI partner in the two-year project, said the project marks the first AI application in full-line beverage vending.

Reyes Coca Cola Bottling previously created machine planograms using a more limited set of location characteristics, DeFraine said. The drivers filling the machines were permitted to make adjustments to the planograms based on personal knowledge of the locations. The company's vending management software selected the products based on the machines' sales histories.

OptConnect Headache Free Connectivity

The COTI is coming to the U.S.
Crane Merchandising Systems recently introduced a barista quality experience with its new COTI hot drink vending machine, which will be available in North America later this year.

The machine was launched in Europe in 2017 and has proven sales lifts of 33 percent, according to the company.

The COTI, which was recently honored as the 2017 Machine of the Year by the European Vending Association, is designed with a modern and intuitive user experience on a 21-inch touchscreen with high definition video. The machine has a wide range of premium hot beverage options.

"The coffee house experience raised the bar for consumer expectations, and COTI is designed to bridge that gap for vending by delivering a perfect hot beverage every time," said Karin Sadler, the company's global product manager for coffee.

"COTI is designed to attract and engage consumers and add an elegant look to any location," Sadler added.


RSA Management Group Selects Nayax As Cashless Payment Solution Of Choice

John Murn
John Murn of RSA Management Group says the audio features are suitable for the visually impaired.
The RSA Management Group, a purchasing group with close to 2,000 visually challenged, small business entrepreneurs, has selected Nayax as its cashless payment solution of choice for its vending operators.

Nayax offers cashless payments, telemetry and management software to its vending operator partners, and serves as the end-to-end manufacturer of both its hardware and software. 

As the public goes increasingly cashless, RSA Management Group vendors have become focused on providing their customers all possible payment methods, including credit/debit and prepaid cards, mobile apps (including Apple Pay and Android Pay), QR codes and Nayax's Monyx wallet. Nayax's readers are also EMV (chip-card) certified, providing security for the operators' investments, and ensuring their end consumers are protected any time they make a cashless purchase.

NAYAX Click for more info_

OTI Introduces Cryptocurrency Payment Solution For Vending Machines

A consumer completes a vending purchase using their cryptocurrency mobile wallet.
On Track Innovations Ltd. (OTI), a provider of near field communication and cashless payment solutions, has launched a cryptocurrency payment solution for the micropayment market and automated machines.

This payment solution provides high-speed, low-fee transactions using mobile cryptocurreny wallets, while also solving global currency exchange issues that may arise from using cryptocurrency as a form of payment.
The consumer first chooses a product from the machine, then opens their cryptocurrency wallet on their smartphone and scans the QR code. They will then be prompted to confirm the purchase and send the cryptocurrency payment to complete the transaction. The machine then vends the product.
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