Pay at the vending machine with Satispay and Coges systems

The Italian company Coges, leader in the design of payment and connectivity systems for vending, is proud to communicate to customers the implementation of a new function on its payment systems to enable payment of purchases at the vending machine directly via the Satispay app. This function is made possible by an agreement between Coges and the company Satispay, owner of the homonymous mobile payment platform.

Satispay is an enormously popular app in Italy and rapidly growing abroad, both in the retail world and for exchanging money between individuals or for payments on e-commerce sites.” Underlines Daniele Ioriatti, Sales Manager of Coges “The implementation of this new payment option was highly anticipated in the vending market and we are proud to be able to allow our Nebular customers to activate it on their devices for free. Payment with Satispay can help the Operator reach an audience of passing-by users or it can offer a more attractive alternative for the public who is already familiar with Satispay mobile payments. We are talking about an app with over 2.5 million users and over 180,000 connected points of sale, a very large audience.

The new function, already available on the Coges Engine systems and on the Unica and Hexis coin mechanisms connected to the Nebular platform, makes it possible to transform the vending machine into a Satispay point of sale. The payment procedure is quick and intuitive: the end user only has to frame the QR code on the vending machine, select the amount of the product they want to purchase and confirm the payment, all via the Satispay app. The amount will be automatically deducted from the availability on Satispay account.

Satispay is an innovative mobile payment platform born from the idea of ​​an all-Italian fintech. Thanks to its mode of operation, completely independent from credit or debit cards, Satispay allows users to pay in the store or on e-commerce sites and exchange money with friends, as well as a series of other services such as telephone top-ups, the payment of bulletins,  donations and savings. Founded in 2013, today Satispay is the leading app in the mobile payments segment in retail, and with a market share of 70% within the non-NFC payments segment, Satispay can be considered the most popular and loved digital payment method via smartphone in Italy. The company now has over 200 employees, with headquarters in Milan and offices in Luxembourg and Berlin, markets that are soon to expand.

The integration of Satispay perfectly expresses the spirit of our Nebular platform.” Observes Stefano Bertoldo, Product Manager of Coges “Nebular is a platform open to third-party applications, its goal is to offer the world of Vending the same technologies that we already use in our daily shopping experience, inside or outside of Vending. We want to integrate all the services that adapt to the needs of locations and end users into our payment systems, in a modular solution where the Operator only has to choose the required services, not embark on complex hardware and software integrations from different manufacturers.

Nebular is the first open platform of the Internet of Vending, a complete ecosystem of hardware, software and Cloud. Thanks to the integration between the various components, Nebular brings the most advanced functions for payment to vending machines remotely: detail on the balance of each cashless key / fob, remote programming of the system, online top-up, cashless refunds, firmware updates, credit card payment and much more. The scalable architecture of Nebular allows the Operator to choose the hardware and software components that can bring him the most advantages and to modify them over time.

The world of vending is constantly evolving and individual locations always have different needs from each other. Thanks to the integration between Coges payment systems and the Satispay app, you will be able to meet the needs of your customers even more efficiently and grow your vending operation.

How does Hexis assisted recharge work?

Even though Hexis Change-giver Coin mechanism enjoys considerable operation autonomy, also thanks to its 5 capacious tubes, sometimes it may happen that some tubes empty and it results necessary to recharge them with coins. These are usually the tubes containing the low-denomination coins, which are given more frequently as change to the vending machines’ users.

Normally, to fill the empty tubes with coins the Operator is obliged to calculate accurately how many new coins were inserted and to remove an equal value from another tube containing high-denomination coins. This is often the only way to “move” a certain amount of currency from a tube to another one, by keeping a correct accounting of takings.

This operation, if carried out manually, involves some evident risks of calculation errors and always needs much care and time. To resolve these problems, Hexis includes the optional Assisted Recharge function, which is already present in the other Coges Change-giver Coin mechanisms. Thanks to this function the Operator limits himself to insert an identification key in the cashless Reader connected to the Coin mechanism and to insert all the desired coins in the insertion slot of the vending machine.

The inserted key – a normal MyKey, programmed with section code 96 – will permit the Coin mechanism to recognize the filling operation in progress without confusing it with a sale. The insertion of the coins will be fast thanks to the acceptance rate of Hexis Coin mechanism and when the desired tube will result full, the Coin mechanism will signal it by addressing the surplus coins into the reject channel. The same operation can be carried out at the same time even in more tubes with different denominations.

At this point the operator has only to extract the recognition key from the Reader and Hexis will precisely calculate the value of all the inserted coins, by giving a change in high-denomination coins with the same value: the same operation which was previously carried out by the operator, however in less time and higher reliability. In this way in addition to a correct accounting the presence of coins into the tubes is always guaranteed.

Furthermore, all the recharge operation can occur without the need for opening the vending machine door and for accessing physically to the tube group.

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