The digital euro and other fintech innovations that will impact payments in self-service and retail
Fintech is hotter than ever. Consumers have never had so many ways to pay, and more are to come. Today, we talk to Atze Faas, a payments expert, about innovations in payments. What can retailers expect from developments such as the digital euro?
Data on payments in Europe: the sense and nonsense about cashless for self-service and retail
“What will be the first country to go completely cashless?” We’ve heard this question in retail for some time now. But will it actually happen? SmartNow talked to payment expert Atze Faas to learn more about this development and what it means for self-service retail in Europe.
How smart self-service plays an essential role in the transition to mobility hubs
As the transition to electric vehicles progresses, it is evident that service stations are evolving into true mobility hubs. The demand for these hubs, where customers can stop, relax, and shop, is growing exponentially. These destinations provide a hassle-free retail experience, encouraging customers to stay longer and visit more frequently. We will explore how a new generation of self-service machines are essential in this transition.
How to use dynamic pricing in self-service retail
Dynamic pricing in retail shops has become a prevalent strategy that allows businesses to adapt to changing market conditions and maximize their revenue. This pricing model, often driven by sophisticated algorithms and real-time data analysis, enables retailers to adjust prices based on factors like demand, competition, time of day, and even weather conditions.
Reports from McKinsey and Boston Consulting Group (BCG) on the future of service stations
Amidst change, McKinsey and BCG offer insights. Clean energy is driving service stations to innovate through new ventures and investments. Let’s explore their recent research for inspiring insights.
How to use loyalty in self-service retail
Before we dive deep into loyalty and self-service retail, we first need to understand why loyalty is important. Loyal customers are important because they offer repeat business, help you get new customers, generate high margins, increase your revenues and grow your business. It might sound obvious, but applying loyalty to self-service machines is not common yet. And that’s a pity because we know how to handle.
How to use vouchers in self-service retail
In this article, we give some examples of how (digital) vouchers can easily be used to increase your revenue, start new income models and get more and loyal customers. Let’s take a look at how SmartNow’s voucher system can help companies apply different marketing strategies on self-service machines. It is good to mention that our voucher system works out-of-the-box with our PayStation and any loyalty system connected with our API.
Cross-sell and upsell strategies in self-service retail
With thousands of connected self-service and vending machines in different countries, we see certain trends for upsell & cross-sell strategies in retail with vending and self-service machines. Below is a list of examples of how smart technologies help drive revenues and create a seamless customer journey.