Payment Kiosk News

Frost & Sullivan Recognizes Olea Kiosks – Outdoor Kiosk Design

craig@olea.com (Craig Keefner) — Sun, 23 Jun 2019 16:50:19 GMT

Originally posted on Send2Press

LOS ANGELES, Calif., June 20, 2019 (SEND2PRESS NEWSWIRE) — Olea Kiosks of Los Angeles, has been recognized by Frost & Sullivan with the 2019 Customer Value Leadership Award for its self-service kiosk manufacturing and focus on designs for outdoor use.

Olea Kiosks is recognized not only for its technologically advanced and custom kiosks, this award also acknowledges its high standards for in-house manufacturing and services to make it an industry leader.

Frost & Sullivan evaluated Olea Kiosks in two main areas: Customer Ownership Experience and Customer Service Experience. Kiosks give businesses the opportunity to put the customer in the driver seat and in control of their transaction, and with sleek, modern, aesthetically-pleasing designs, Olea delivers a positive experience for today’s user.

Olea is redefining self-service technology with innovation that makes the transaction experience faster, more reliable and easier, particularly in the outdoor space. With several custom, outdoor designs completed and installed, Olea has earned a reputation for providing high-quality kiosks for challenging environments, including outdoor tourist attractions subject to varying temperatures and weather elements.

“Self-service kiosks in demanding environments, such as outdoor locations, face performance and frequent maintenance challenges. With its superior product design knowledge and expertise, Olea has virtually eliminated outdoor maintenance issues for its clients. Such high levels of customer satisfaction have resulted in more than 200 Olea-built drive-thru kiosks installed across the United States, with more to come,” stated Nandini Bhattacharya, Industry Manager, from Frost & Sullivan.

Since 1975, Olea Kiosks has designed and installed more than 20,000 custom kiosks for companies including CLEAR and Kaiser Permanente. Its custom kiosks can be seen throughout the United States and in other countries. Olea has a custom design process to ensure the kiosk is built and deployed to deliver the business outcomes for which it was intended.

About Olea Kiosks:

Olea Kiosks Inc. is a Los Angeles-based self-service kiosk manufacturer in business since 1975. Its technologically advanced, in-house manufacturing and services have made it an industry leader. To find out more about Olea Kiosks, call us at 800.927.8063 or email us at info@olea.com .

Contact Olea Kiosks today at 800.927.8063 for more information

The Five Top Technology Trends in QSR Market for 2019

craig@olea.com (Craig Keefner) — Tue, 21 May 2019 16:50:19 GMT

A host of new technologies are on the horizon for the QSR industry. For many of them, a self-order kiosk will serve as their foundation.

Quick-service restaurants have long had a reputation for being innovators when it comes to technology. In the early days of modern foodservice, QSRs were among the first to incorporate features such as drive-thru speaker system and cooking timers. Later, computerized point-of-sale systems and digital menu boards emerged.

More recently, it’s been mobile apps, online ordering and point-of-sale systems that trigger menu boards to display promotions or remove items based on low inventory levels. Facial and AI-based response systems now generate context. Moreover, of course, one of the most significant technological trends affecting the QSR industry over the past few years has been the self-order kiosk.

Customer Data Context

However, the developments haven’t stopped there. All of these trends have one feature in common: They provide operators with a firehose of data they can use to improve their operations.

McDonald’s, for example, acquired software company Dynamic Yield in March for $300 million, giving it technology that will allow it to customize digital menu boards based on data including time of day, weather and current ordering trends to deliver a more personalized in-store experience. The fast-food giant also took a stake in software company Plexure in April, giving it access to a mobile platform that uses digital marketing tools to increase sales. The platform manages mobile-based promotional offers and a customer loyalty program as well as serving as the backbone of McDonald’s mobile app.

Elsewhere, self-order kiosks at some locations of the South Florida-based BurgerFi chain are incorporating facial recognition technology that gives customers the option of saving previous orders along with phone numbers and facial geometry. The next time a customer visits a location, they’ll be recognized by the kiosk and will be given the option to use that stored information on their current order. Other chains including Dallas-based Malibu Poke, Pasadena, Calif.-based Caliburger and Philadelphia-based Bryn & Dane’s are using variations on the technology.

Drive-Thru Ordering

Because 70 percent of the revenue for a typical QSR comes via the drive-thru, it only makes sense to look there as an avenue for technological improvements. Digital menu boards have been appearing in drive-thru lanes for several years, and will likely be standard going forward. Companies including Dunkin’ Brands have eyed dedicated pickup lanes for mobile orders as a way to eliminate bottlenecks, although the idea seems to be slowly gaining traction. Also, several kiosk manufacturers have introduced devices designed for the drive-thru in recent years as restaurant operators seek to duplicate the success of dining-room self-order technology. Olea Kiosks’ Detroit model was an early entry into that category. Technology provider Xenial , which provided the facial recognition application for Bryn & Danes, has installed touchscreen drive-thrus in nearly 400 Subway restaurants to date. Drive-Thrus have become so popular that some countries (Canada) and US cities are looking at restricting drive-thru’s .

Location-Based Customer Service

Location technology and geofencing appear to be an up-and-coming trend, with its potential demonstrated by Burger King’s recent Whopper Detour promotion. Customers who participated in the promotion, which ran in mid-December 2018, could purchase a Whopper for just a penny via their mobile app, as long as they were within 600 feet of a McDonald’s. Other applications for the technology include alerting restaurants when a carryout customer pulls into the parking lot, with restaurant staff then delivering that customer’s order to their car.

Standard features of the Austin Kiosk

15″ or 22″ All in One Computer
Capacitive multi-touch touch sensor
Durable powder coat paint finish
16 Gauge Galvanized Steel
Security Locks
Internal 6-outlet power strip w/ surge protection
Topple resistant base plate with the ability to bolt to the ground
Landscape Dimensions
Width: 24.08”
Height: 52.95″
Depth: 20.63″
Base plate: 24.08″ W x 20.63″ D
Portrait Dimensions
Width: 21”
Height: 57.89″
Depth: 20.63″
Base plate: 21″ W x 20.63″ D

Automation – The Robots have arrived.

Artificial Intelligence or AI-based systems are already being tested. Holly, made by Valyant A.I., is a disembodied voice that takes drive-through orders at a Good Times in South Denver.

The Colorado fast food chain started experimenting with conversational A.I. to lighten the load of some of its employees who often juggle multiple tasks at the same time. Rob Carpenter, the founder of Valyant A.I., said the hospitality industry needs robots right now to make up for the lack of applicants.

“In the United States, because it’s such a tight labor market, there’s somewhere in the neighborhood of 800,000 unfilled positions,” Carpenter said.

Self-Service kiosks are driving trends

Many of these up-and-running technologies are likely to be incorporated into the self-order kiosks that have been at the heart of recent restaurant trends. There are plenty of reasons why: Research conducted by financial news site PYMNTS.com found that consumers spend as much as 30 percent more at a self-order kiosk compared with other ordering methods. Self-order kiosks allow easy customization of orders, never forget to suggestive sell and eliminate the “indulgence guilt” that can occur when ordering extra-large fries or an apple pie for dessert.

Others are seeing even more significant results. Point-of-sale platform Appetize recently reported that users of its self-service solution see a 40 percent increase in order size. Appetize’s Interact self-service solution offers embedded upsell functionality, and data shows that consumers are 47 percent more likely to add an item on a kiosk than when asked to do so by a cashier.

Research from ordering technology firm Tillster indicates the use of self-order kiosks will continue to grow for the foreseeable future. A 2018 Tillster study found that 54% of customers plan to place an order with a self-service kiosk within the next year, and if the line to order from a cashier is longer than five people, 75 percent of customers will choose to order from a self-service kiosk.

And although mobile apps may serve as an additional ordering channel that enhances the QSR experience, they’ll never supplant self-order kiosks (despite predictions from app designers). Although there may be some among us who gravitate to mobile apps, there are too many restaurant choices and not enough space on our devices to hold apps for each one. And anyway, who wants to go through the hassle of downloading an app to place an order when there’s a self-order kiosk already available? Instead, it’s likely that both channels will thrive.

However, with many of these technologies built on self-order kiosks, their success will hinge on the quality of those kiosks. Olea’s offering in the self-order kiosk arena, for example, is its sleek and modern Austin Freestanding Kiosk. Olea also performed custom kiosk work and purpose-built the kiosks Appetize is using to achieve its dramatic results.

The Austin works in any environment and continues Olea’s mission to provide better kiosks through intelligent design. To maintain the flexible configuration capability, the Austin is engineered to accommodate an optional 15″ or 22″ All-in-One computer in either portrait or landscape as well as an EMV-approved Card Reader & Pin Pad and POS-style receipt printer.

The wide array of transactional components housed in this sleek, feature-packed kiosk makes it one of the most powerful retail solutions available on the market. Its compact footprint and rugged security complement a variety of environments for companies that seek to improve ROI and user interaction in small spaces or high traffic areas.

The adoption of new technologies is setting the stage for exciting (and profitable) times in the QSR space. Olea Kiosks stands ready to help! Feel free to call us at 800.927.8063 or email us at info@olea.com .

Contact Olea Kiosks today at 800.927.8063 for more information

Considerations When It Comes to Bill Payment Kiosk

craig@olea.com (Craig Keefner) — Mon, 11 Mar 2019 16:50:18 GMT

A bill payment kiosk improves revenue and reduce labor costs, but only if deployed correctly

The Bill Pay Kiosk, Underbanked and Unbanked in 2019

There are all sorts of situations where a company needs to accept regular payments from their customers. Utility payments, cellphone bills and store credit cards are just a few of the situations where customers make regular payments.

And if one thinks that the ability for those organizations to accept payments via their website, mobile or by mail has eliminated the need for other payment options, they’d be mistaken. Some example payments include Alimony, Rent payments, Healthcare co-pays, mobile phone payments, cable TV bills, money transfers, tuition payments, and correctional facility services.

Others include cell phone top-ups, long distance, and digital phone cards for International calls. There are international payment options available as well, especially for Latin Amerian countries like Mexico, where for example the customer can pay his mother’s Telmex bill in California.

And how these payments are made are important to note. As much as Check21 did to simply checks, that is still a major form of payment depending on the venue. You have cash payment terminals running $5000 a day in some locations. And then there is a credit card and mobile.

Unbanked and Underbanked Statistics

According to a recent survey conducted by the Federal Deposit Insurance Corporation, more than 8.4 million households in the United States are unbanked, meaning they don’t have access to a checking or savings account. Other data points to at least 50 million unbanked. Another 24.2 million households are underbanked, with access to a checking or savings account but also making use of financial products and services outside of the banking system. Together, more than a fourth of U.S. households are unbanked or underbanked.

There are specific geographic and demographic data outlining these groups. Ethnic and cultural factors play into it with some cultures preferring cash.

The Franklin Bill Pay Kiosk from Olea is designed to simplify cash transactions. Standard options include a high-capacity bill acceptor, bill dispenser, coin dispenser, credit card terminal, and receipt printer

Having a reduced set of payment options for what can be a very large customer set doesn’t help retain and create more customers. The end result of adding bill payment options ultimately increases the cash flow for companies and expands their consumer base.

In addition, a significant portion of the population, primarily lower-income and younger people, still prefers to conduct their business in cash. Maybe they don’t trust the banking system. Maybe they tend to pay bills closer to their due date and don’t want to risk a late payment or service cutoff. A personal US Mail check or money order may be delayed. Maybe they want to wait till the last moment during the “last chance” before penalty phase. It could be a language. Add to that the 11 percent of U.S. adults who don’t use the Internet, according to a Pew Research study, and it’s clear there will always there will always be a need to provide payment options to customers.

That’s where a bill pay kiosk comes into play.

The benefits of adding a bill pay kiosk to an organization’s payment options are many. For the customer, those include few service disruptions, improved credit and fewer reconnect and/or late payment fees. The kiosks in a way become the financial center or “bank” for the underserved, which they know the bank has ignored them. For the organization, they include more timely payments, fewer trips by a technician to reconnect service that was cut off, lower staffing needs at the payment center, fewer trips to payday loan, check cashing centers where they used to go before the kiosk, and overall much improved customer satisfaction. That translates to higher retention of existing customers and a higher acquisition rate of new customers.

Still, accepting payments by kiosk isn’t just a matter of setting up a device in the headquarters lobby and hoping for the best. Here are a few considerations to take into account when deploying a bill pay kiosk.

Bill Pay Machines Make it easy

By a large margin, those people who don’t use the Internet are 65 or older. Some of the main reasons, they say, are that it’s too difficult and they believe they’re too old to learn. If the kiosk application is too difficult to use it’ll be the same reason they give for avoiding it.

Incorporate large fonts and a logical payment process for the interface to make the kiosk easy on the eyes and the brain. Incorporate a simple way to start the process over if the user makes a mistake. It won’t hurt to have a staff member nearby during the first few weeks after initial rollout to assist first-time users. Kiosk technology also makes it easy to incorporate a variety of languages; make sure you include those options, especially if the unit will be located in a culturally diverse area. Users will appreciate it.

Publicize the option

Include marketing materials about the new bill pay kiosks with bills, in print ads, on TV commercials, and on your website. Also have office staff inform customers who come in to pay their bills about the devices, and offer to guide them through the payment process.

Add additional locations

One of the beauties of kiosk technology is that it allows organizations to expand their footprint without the capital costs of a brick-and-mortar location. In addition, we now live in a world where people expect to be able to conduct business at any hour of the day.

One way to increase the value of bill pay kiosks is to place them in areas where customers can access them at any time of the day or night, in a place that’s convenient for them. Along with placing a kiosk in the lobby of the central office, consider placing units in grocery stores or other 24-hour locations. This would be especially important when a significant number of customers live in rural locations.

Making sure that the right biller is available in the right geographic area is important. Utilities get the biggest use, and they’re the “magnet” effect if you are pulling the customers into paying their utility bills. Once the customer is there, they can see an array of options for paying their cable, wireless phone, and stored value cards like VISA & MC prepaid cards

Philadelphia just became the first large city in the nation to ban cashless businesses in the city, in part to protect people like Dwight Tindal, a construction worker who doesn’t have a bank or credit card. Protecting The ‘Unbanked’ By Banning Cashless Businesses In Philadelphia

27 percent of U.S. households do not have regular access to banks and other mainstream financial services.

That’s 90.6 million financially marginalized people who are further penalized, in terms of time and money, by having to rely on alternate financial services (AFS), which charge fees for transactions that are often free to customers of banks, credit unions and other federally insured institutions. Despite the financial recovery since the Great Recession and the growth of online financial services, the number of households with little or no access to bank accounts has remained stubbornly steady since 2009, when the FDIC began collecting statistics on the phenomenon.

Theresa Schmall, a manager at CFSI, points out that “solutions using digital and mobile platforms can provide expanded access” for the unbanked. It may also remove the presumption of exclusivity that prevents many unbanked and underbanked households from approaching mainstream financial services — while also eliminating those seemingly endless lines.

July 2018 article by OZY

Make it reliable and secure

Nothing will frustrate customers more than a kiosk that’s out of order when they need to pay a bill. If it happens more than once, you’ve likely lost them as kiosk customers forever. Invest in a solution that incorporates quality, reliable hardware.

One the same note, make sure the kiosk hardware and software is secure from tampering. The last thing a business needs is the expense and negative publicity that accompanies a data breach.

Partner with an expert

Partnering with an experienced vendor saves you the headaches of learning these lessons on your own. Work with someone that has existing projects and can offer consulting and advice on how to make your project a success. Olea Kiosks stands ready to help.

To get started with a free consultation, call Olea Kiosks today or contact us online .