Paypal Vending Machine Wipes Out Coin-Operated Machines
Summer Luu — November 8, 2010 — Tech
Want a candy from the gumball machine but don't have a quarter? Not to worry, we're living the future now with the Paypal Vending Machine -- no coins required.
This new tech machine permits the use of smartphones to scan a QR code and make a Paypal payment. Incorporating social media, the vending machine tweets your payment with a confirmation display. So now you're not just making a simple purchase from the Paypal Vending Machine, but sharing it with the online community. How cool is that?
This new tech machine permits the use of smartphones to scan a QR code and make a Paypal payment. Incorporating social media, the vending machine tweets your payment with a confirmation display. So now you're not just making a simple purchase from the Paypal Vending Machine, but sharing it with the online community. How cool is that?
Trend Themes
1. Cashless Vending Machines - Opportunity to disrupt traditional coin-operated vending machines by enabling smartphone payments and eliminating the need for physical currency.
2. Mobile Payment Integration - Disruptive innovation opportunity to incorporate mobile payment methods like Paypal into various vending machines, expanding options for consumers and simplifying transactions.
3. Social Media Integration - Opportunity to enhance the vending machine experience by integrating social media platforms, allowing users to share their purchases and interact with the online community.
Industry Implications
1. Vending Machine Industry - Disruptive innovation opportunity to revolutionize the vending machine industry by introducing cashless payment options and integrating social media platforms for a more engaging customer experience.
2. Mobile Payment Industry - Opportunity to expand the mobile payment industry by integrating with vending machines and providing users with convenient and contactless payment options.
3. Social Media Industry - Disruptive innovation opportunity to bridge the gap between offline and online experiences by incorporating social media platforms into physical spaces such as vending machines, creating new ways for users to engage and share their experiences.
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