List Of Vending Machine Payment System (UPI, QR Code etc)

Thanks to advancements in technology, our lives are now simpler. The entire globe is at our fingertips. mobile phones, low-cost data plans, payment applications, etc.

Now, there are lots of Payment systems available in vending machines. 

Thanks to technology, using vending machines is now very simple.

Technology has come a long way since it was first employed in the controlled distribution of holy water in ancient Rome. Early examples include devices that sell foods like idli, cigarettes, stamps, coffee, prohibited publications, and envelopes.

In this article, we’ll talk about some popular vending machine payment system that you can use with ease.

Top Vending Machine Payment System In 2023

Vending machines used to just accept cash & coins as forms of payment, but with today’s technology and payment methods, you can pay with your phone or even a QR code!

In this article, we’ll go over the numerous ways to pay for vending machines. The only forms of payment that vending machines could accept in the past were coins and cash, but thanks to modern technology, you can now pay with your smartphones and even QR codes!

1. QR Code

An electronic code termed a QR code, or Quick Response code, is used to link or store data. One of the most widely utilized payment methods in the world today is the QR code. That being the case, why is that? QR codes have a variety of benefits.

First, the code can be quickly scanned using a mobile app, either an electronic wallet or the built-in scanner on the phone.

Customers would only have to scan the QR code; they are not required to provide a credit or debit card, exact currency, or the proper paper bill. They are also contactless.

Apart from their phones, consumers don’t need to touch anything else. For operators of vending machines, QR codes can serve as a highly powerful promotional tool.

QR code payment mode is very common these days. You’ll find this payment method in every type of vending machine.

QR code payment

Operators, for instance, can advertise new items by giving away paper or digital QR code coupons to customers that obtained them by utilizing a new item in a specific way, like social media participation.

The consumer can then use the QR code to redeem it for a deal or a free item by scanning it at the vending machine. Employers can reward employees for their hard work and foster a healthy work environment by using the same technique to give out free vendor coupons to their staff.

QR-coded promotions may be even more targeted. Vendors may, for example, demand that customers purchase a product from a traditional retail outlet or machine before generating a QR code on the receipt.

2. RFID Payment

RFID, or radio frequency technology, has two components: a tag and a reader. In a closed-loop setting, an RFID-tagged device, such as a card or other wearable, is recognized by a reader using radio waves.

RFID Payment

Offices and schools frequently employ this system. Students and employees typically receive RFID cards for two reasons: to provide them with a set spending limit at vending machines and to grant them admission to a school or workplace building.

The telemetry system contains an ID number for each RFID card or item that is associated with a particular person.

At the moment of purchase, the system and machine both display the amount that is available for use. Employees can gain a lot from RFID cards, which improve morale and fosters a productive work environment.

3. Digital Wallets

An app is typically where you’ll find a digital wallet, a form of online payment instrument. Digital wallets offer many benefits to users. The most obvious is convenience.

They don’t have to have their wallets on them or keep track of numerous bank card PINs. One app has access to all of their credit and debit card information. Additionally, they can save digitized tickets and coupons in the app so they will always have access to them.

Additionally, consumer payment data is kept in a secure central location. The card number is not saved in the app itself; instead, a distinct virtual number is assigned, securing the user’s payment even if their phone is stolen or lost.

Some of the popular digital wallets are:

  1. Paytm
  2. PhonePe
  3. GooglePay
  4. AmazonPay, etc.

Digital Wallets

Digital wallets are incredibly safe because they reside on the user’s passcode-protected smartphone, where payment is frequently only made with a fingerprint.

Different apps permit various kinds of access. Open wallets allow for contactless in-store payments at most stores, online purchases at most retailers, and possibly even withdrawals at some ATMs.

Wallets that are either closed or semi-closed can only be used by the vendor that provided the wallet, or only for transactions with that seller.

Since these wallets typically incorporate a vending loyalty program, customers can gain by using them. More loyalty points are earned as the wallet app is used more frequently.

Vendors can gain from this as well because the wallet usage data can teach them a lot about consumer habits.

4. Near Field Communication

The Near Field Communication (NFC) feature has advanced in recent years beyond its traditional use in bank cards and mobile apps.

Rapid technological advancements have turned fashionable accessories into useful and practical gadgets. The use of rings, wristbands, bracelets, or smartwatches as payment instruments are growing in popularity these days.

Near Field Communication

A smartwatch is perhaps a wearable computer that looks like a watch. Its features can include tracking cardio workout, GPS route tracking, gaming, and full-featured phone functions like calls, Text messages, and emails.

Accepting wearable payments doesn’t require additional investment because many retailers have NFC readers set up to accommodate other cashless choices.

Wristbands appear simple, but bracelets & rings have more intricate designs and are better suited for fashion enthusiasts. They may be constructed from a mix of metal, silicone, rubber, and wood.

Accepting wearable payments doesn’t require additional investment because many retailers have NFC readers set up to accommodate other cashless choices.

The advantage for customers, however, is rapid adoption and convenience—they are using the existing technology to complete the new activity.

Why There Are Lots Of Payment Methods In Vending Machines?

Vending machines have changed in order to stay up with the times. One of the most crucial elements for a company looking to expand is adaptability.

Right now, vending machines are not very popular in India. In order to expand and remain ahead of the competition, it is essential to incorporate new technology over time and keep up with current events.

The vending machine segment is likely to grow quickly in the coming years as a result of the expanding retail sector and the fast urbanization of the world.

Customers can purchase essential commodities even when businesses are closed thanks to the use of vending machines in the government transportation and hotel industries.

This was particularly helpful during the pandemic when consumers were searching for contactless purchasing and cashless payment solutions.


Every day, vending machines get smarter. Customers can choose from a variety of payment methods on vending machines. 

To make using vending machines the most pleasant experience possible and to provide the most intelligent vending machines, businesses constantly incorporate new payment methods.

Due to its cheap investment requirements, large profits, and flexibility in terms of payment methods, more and more people are getting into this market.

So, why are you waiting? Start your vending business now.

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Anjali Singh
Anjali Singh

Meet Anjali, a seasoned content writer with a passion for education, innovation and all things outdoorsy. With five years of content writing experience in diverse product-based companies.