Resources: Blog

We’re growing as fast as the industry we have pioneered.
Here’s what we’ve been doing lately.

self-service kiosk

What Does the Future Hold for Self-Service Kiosks?

Posted January 30, 2020 by

Kiosks can be used in more places and do much more than ever before – from fast food ordering in restaurants (e.g. McDonald’s) to integrated transport and entertainment ticketing.

Devices are now more robust and resilient and, as a result, are popping up in more locations. Kiosks are now being developed as hyper-efficient, with low energy requirements and instant sleep/wake up modes, some even offer solar-powered options that allow them to operate off-grid.

Kiosks come in all shapes and size too, with a whole raft of integrated features and functionality including touch screens, full-color displays, multimedia, voice activation and more. The one common capability they share, however, is that they can accept payment whether it be by card, contactless, and even by mobile.

Technology is reimagining unattended payments

Kiosks will have to work harder to deliver what modern retailers need (new revenue opportunity) and what consumers want (even more convenience). Luckily the technology needed to facilitate this is already here.

We now have internet-enabled kiosks, supported by managed platforms and run from integrated connected gateways, using cloud-based services. These are opening new opportunities and functionality for kiosks. Here’s a taster of what’s in store:

• Tokenization will play a star role

Kiosk owners need ways of letting customers feel in control of their experience but still being able to ‘connect’ with them. Increasingly, tokens will be used to customize the consumer’s journey and encourage uplift in sales by pushing real-time promotions and loyalty incentives.

• Kiosks will power cross-brand/location marketing

By using payment gateways to pick up tokens, retailers will be able to follow consumers outside their own channels and across multiple-brand journeys, creating ‘bundled’ experiences. For instance, a car park ticketing machine could alert nearby retailers and restaurants when a visitor arrives so that they can send an automated email, text or proximity alert for local offers and promotions to their mobile phone.

• Connected platforms will deliver hybrid virtual/physical services

Self-service installations will increasingly be used to straddle digital and physical worlds and provide hybrid services. Internet connectivity and touch screens allow users to browse inventory as well as order, pay, and redeem available rewards. Add-on devices and AI could be used to enhance the consumer’s experience, for instance, virtual mirrors for fashion and cosmetics.

• Smart kiosks will respond to real-time shopping patterns

Connected installations mean that data, software, and updates can be delivered to kiosks remotely, enabling retailers to be more in control and responsive to customer needs. With insights from kiosk-generated real-time reports, retailers can customize services remotely by switching functionality on and off and adding new features to reflect local trends, seasonal patterns, special events, etc.

• New self-serve ecosystems will embrace third party content and apps

There’s a real opportunity for kiosks to deliver multi-brand services making them important new revenue streams for their owners. Third-party content and advertising can already be enabled by platforms such as FreedomPay’s DecisionPoint Network (DPN). With new commerce platforms, providing separate environments for coding, testing and experimenting with external apps, we could soon see kiosks enriched with customer-facing services – e.g. concierge, curators, maps and travel guides.

Thanks to new platforms and technologies, it’s clear that kiosks now have the potential to become an integral part of the omnichannel sales experience and an important gateway to the new collaborative digital service ecosystem of the future.

 

JOIN OUR NEWSLETTER
FreedomPay will use your details to send you information on our products/services and events via email. By confirming, you are agreeing to our privacy policy. You can unsubscribe at any time.
Stay in the know with FreedomPay and subscribe to our new monthly newsletter: The FreedomPay Forum! Here, you will find the latest and greatest at FreedomPay, newsworthy announcements and the top trending topics in the payments industry today.
To unsubscribe or submit a data request per the General Data Protection Regulation (GDPR), please visit: https://corporate.freedompay.com/gdpr/.



 
JOIN OUR NEWSLETTER
FreedomPay will use your details to send you information on our products/services and events via email. By confirming, you are agreeing to our privacy policy. You can unsubscribe at any time.
Stay in the know with FreedomPay and subscribe to our new monthly newsletter: The FreedomPay Forum! Here, you will find the latest and greatest at FreedomPay, newsworthy announcements and the top trending topics in the payments industry today.
To unsubscribe or submit a data request per the General Data Protection Regulation (GDPR), please visit: https://corporate.freedompay.com/gdpr/.

newspaper templates - theme rewards