Smart vending differs from traditional vending by offering a more personalized shopping experience because the consumer’s shopping preferences help to customize and guide the products they are shown. Traditional vending typically only accepts cash and smart vending takes a variety of cash and non-cash payments which increases average sale and conversion rates.
“A vending machine is an automated machine that provides items such as snacks, beverages, cigarettes and lottery tickets to consumers after cash, a credit card, or a specially designed card is inserted into the machine. The first modern vending machines were developed in England in the early 1880s and dispensed postcards. Vending machines exist in many countries, and in more recent times, specialized vending machines that provide less common products compared to traditional vending machine items have been created.”