Like every business these days, we understand the value of great product videos. They offer an informative 360 degree view and detailed information on key products and services. Our first video features one of our most popular products in the escalator hopper range, and is part of a series of show reels from Asahi Seiko’s core products range.
The FH-700/L1 is Asahi Seiko’s first non coin specific escalator hopper, featuring fast payout speeds and last coin payout in both the bowl and the escalator.
· Non coin specific escalator hopper
· Modular escalator, height can be increased by adding sections
· Last coin payout
· Can be supplied in either a standard or intelligent version
To find out more, watch our latest product video.
Why Cash is still King
Cash remains the most popular form of payment, with 57% of people preferring to use notes and coins to cards, according to research.
The importance of cash is often overlooked, but it plays a crucial role in the short-term financial planning for many people.
Consumers are likely to spend less when they hand over cold hard cash versus swiping plastic, since cash feels more like real money. When you have tangible money in your hand and you can physically feel it depleting each time you spend, you are much more likely to notice how much you are spending and be more careful about it.
There are also many drawbacks of regularly using credit and debit cards. Ultimately, they encourage you to spend more than you intended to. Yes…. we’ve all done it! But with cash, spending requires a physical action – actually going to an ATM (and viewing your depleting account balance) prior to entering the store to make your purchase. Oh, the guilt!
Cash has one very clear advantage over using a credit card: If you buy something on your credit card, chances are you’re only making the minimum payment each month. It might take years for you to pay off the balance for a single purchase.
When you swipe plastic, retailers often ask for additional information such as your post code and email address so they can bombard you with offers and news later. Annoying isn’t it! But with cash, you are less likely to receive hundreds of email marketing and when retailers don’t have your email or mailing address, that information can’t be stolen in a data breach.
Cash is certainly KING!
Time is a consumers most important currency
Self-service payments have experienced a huge surge in popularity over the past few years, with self-service technology having transformed entire industries overnight. Businesses are using self-service technology to operate more productively and to better serve their customers.
Time is a consumers most important currency – and they don’t want to waste minutes, or even hours, standing in queues (we’ve all been there). The quicker and more flexible businesses can make consumer interactions, the more likely they are to strengthen customer relationships.
Perhaps the biggest advantage with self-service technology is the added speed with which customers can pay for their purchases – Reducing the length of queues and waiting times, and increasing the frequency of return visits.
Vending machines, ticket purchasing, pay-at-pump petrol, checkout kiosks, parking; self-service payments are a versatile solution for many different applications and sectors, but as consumers become more tech-savvy they will ultimately expect more choice……. where do you think the self-service payments sector is heading next?