Home > News > Content

Three Kinds Of Payment Methods Common To Vending Machines

May 19, 2018

What  is online payment? Online payment refers to the transfer of funds via  the Internet as a carrier. The use of certain digital financial  instruments supported by banks occurs in the financial exchange between  buyers and sellers, and from buyers to financial institutions. Online payment, cash flow conversion, capital clearing, and query  statistics between merchants, which provide financial support for  e-commerce services and other services.

Different vending machines have different payment methods, and generally have the following three categories:

1.  IC card payment type, support all kinds of IC card payment, including  UnionPay card, Yangcheng pass, one card and other conveniences. According to the number of configurable background service system unified management.

2. The mobile payment type supports the mobile phone to make a phone  call or send a short message to purchase the products in the machine.  You can choose two ways, deducting fees and not deducting fees. You can  configure the background service system according to the quantity, which  has a strong fashion trend.

3.  Coin payment type, MDB standard coin system supports banknotes, coins  payment, support for coin change, with high anti-counterfeiting  capabilities and complete anti-theft system, is the most common and  convenient payment method. Users can select related functions according to their needs.

It is still popular in the second category: mobile payment. After all, mobile phones are very popular now. More  used is Alipay, Alipay and more than 180 banks at home and abroad as  well as VISA, MasterCard international organizations and other  institutions to establish strategic cooperative relations, becoming the  most trusted partner of financial institutions in the field of  electronic payment.