Enterprise
Technology brings innovative vending machines
Najihah S | 01 Dec 2017 00:30
Vendpays Sdn Bhd founder Raymond Woo has identified Grade A offices, malls, colleges and hospitals to station the coffee vending machines
The vending machine has come a long way since its introduction in the 19th century. From newspapers and cigarettes to drinks and clothes, the machines offer not only convenience to consumers, they also give entrepreneurs a platform to make profit.

FocusM talks to two vending machine operators who share the challenges and rewards of this niche business.

As technology advances, vending machines get more sophisticated. Today, there are machines with cashless payment. One of the latest features is the acceptance of QR codes using a smartphone.

This enables a person to use the machine just by downloading the code from a website. Once the QR code is tapped to the machine via a smartphone, the order for the item is made and it will be dispensed.

One company offering such vending machines is Vendpays Sdn Bhd. Since its establishment in 2015, it has installed two such vending machines in the Klang Valley and is in the process of installing eight more across the territory.