Contactless payment technology integrated into vending machines allows consumers to purchase items using digital wallets like Apple Wallet on their smartphones or smartwatches. This functionality typically involves near-field communication (NFC) where the device is held near a reader on the machine to complete the transaction. A consumer might use this method to quickly buy a drink or snack.
This modernized approach to vending offers several advantages. It eliminates the need for physical cash or cards, enhancing convenience and speed for consumers. For vendors, it simplifies cash management, reduces the risk of theft, and can provide valuable data on purchasing trends. The evolution from coin-operated machines to this digital format reflects a broader shift towards cashless societies and the increasing ubiquity of mobile payment options.