Increase your profits--Use Coins & *Credit Cards
The most popular set-up for using this dual system of Coins and *Credit Cards *(off-line) is to allow your machines to accept coin and / or credit cards such as:
Set-O-Matic
We deliver the future...NOW
VISA, MasterCard, Amex, Discover, etc.
All machines at this point will accept any of the type credit cards you have authorized We would suggest that you place decals of each of the machines that accept credit cards and that you post a sign in the store similar to the following For your convenience some machines are equipped to operate with
More about using Coins & *Credit Cards
Including *MasterCard & Visa *Debit Cards too! *off-line
...\Coin Credi board w-credi card
This brochure will give you a short overview of our
EXCLUSIVE
Credit Cards / Debit Cards and / or Coins
Visa – MasterCard - Discover
Coin & *Credit Card System
Two of the most common conversations that we have with store owners are related to coins. They recognize that the handling & collecting coins are the worst part of their business. They also complain about the small capacity of the coin boxes on their larger washers. With vend prices from $3.00 - $6.00, coin boxes fill up so quickly that they must be collected every 2 - 3 days. Owners are also reluctant to convert their existing coin store to cards for fear of losing some of their coin customers. Most say they would probably use cards in a new location.
We deliver the future...NOW
Set-O-Matic Inc.
the future in Card & Coin Technology
291 Adams Blvd. Farmingdale,NY 11735
Tel: (800) 645-3441 Fax: (516) 752-8543 sales@setomatic.com www.setomatic.com
Distributed by
V.11-15-05
With cutting edge technology from Set-O-Matic, it is now feasible to address both of these issues and operate with Coin & *Credit Card (*off-line). Our system allows you to add Credit Card to your existing machines without the fear of losing your coin customers. You can start enjoying the many benefits of our *Credit Card System as you convert more machines to the dual operation. We suggest that you install our CDC units on the larger washing machines first.
Our customer’s have reported the following field experiences with our *credit card system on machines that use this dual payment system. Typically credit card usage grows every month in relation to coin usage on these machines. Usually within 5 - 6 months credit cards sales account for more then 60% of the machine revenue As credit card sales increase, so does revenue. Customers report that a typical full credit card location shows sales increases of **5% - 25%, when compared to the same location that was operating as coin only. You can convert your machines at a comfortable pace and eliminate 2 of the most costly items in a Card store operation. You do not need a Purchase / Add Value Center and you eliminate the need to purchase and sell cards.
In order to have credit card service, you will need to set up an account with a Credit Card Service Provider
Uploading data To provider
Collect data from machines with HHT
Upload data to PC
Customers would much rather swipe their credit card once instead of inserting 12 - 24 coins. Your machines can have (2) two different prices, one for coin and another for cards. For example you can encourage The use of credit cards instead of coins by setting up a $4.00 washer as Coins $4.00 Credit Card $3.95 On dryers you might charge 25¢ for 7 min w/coin, but charge $1 for 28 min w/one swipe of credit card and add 7 min w/each additional swipe as long as there is at least 1 second left. If time runs out, it will default to $1 for 28 min. (or whatever you set it for) Or you could set it as an accumulating meter $1 for 28 min for each swipe. This assures you of $1 minimum from a credit card dry
NOTE: Time/Price settings illustrative purposes only
We have used the term *Credit Card (*off-line) which means that the card unit is not hooked up to a phone line. It does not check the validity of the card at the time of usage for over the limit, lost or stolen cards. Our units have a real time clock and we do check the expiration date and check the characteristics of every card. Over the past 10 years we have more then 10,000 machines running with credit cards off-line. Our customers’ experience indicates an insignificant level of bad cards. Once a bad card is discovered it can easily be locked out and can not be used again on your machines. Someone in possession of a stolen credit card would not normally use it for a $2.00 - $6.00 purchase; instead it would be used for a big ticket item, such as a TV set, PC or a Camera.