PAYKEY®
is the safest and most advanced
cashless system used in the European vending world. A PAYKEY®
System consists of a number of stand-alone machine
controllers and a set of electronic keys called
Paykeys, one for each end
user. No network, telephone or wireless connections are needed.
Every machine controller records the keys' content, authorizes purchases,
supplies detailed counters, income listings, detailed
history of recent transactions and it is protected
against fraud or tampering attempts. If cash validators are installed,
they act as a RCS 100 Recharge
station and allow transactions in the traditional way.
This is still cheaper than a coin changer. Each
user has one electronic Paykey to buy the services. PAYKEY®
System can offer discounts, free services,
and different
prices depending on the key's user level or time bands.
All the parameters and rights are fully customizable.
By increasing the volume of business, PAYKEY® vending strategies
drastically simplify money management and
system monitoring.
How the PAYKEY® System works
PAYKEY® System users buy products and services using a contactless electronic key instead of coins and bills.
They have no need to carry a wallet or to look for the exact change and they do not get useless pennies back from machines. The electronic key consists of a miniaturized computer that stores the user's credit and controls the encrypted communication with the vending system.
The stand-alone controller-generated RF field directly supplies the power so that batteries are not required. A sealed, knock-proof, antistatic shell filled with a special resin protects the circuit board.
This makes it virtually indestructible, safe, and reliable in dusty and humid environments. The circuit integration and the multilevel data encryption of PAYKEY® System make unauthorized copy or data alteration impossible.
The user's credit is directly available by inserting the key in every reader installed on the machines. It is automatically updated while purchasing and it can be recharged if bill or coin validators are installed. Each key
also stores the user's rights, like enabled zones, validity and expiration dates, and optional free services.
Using the PAYKEY® is extremely easy. Just insert the key, make the selection and the purchase is done. Before and after the transaction, the user can check the available credit directly on the machine's display.
PAYKEY® cashless systems easily increment the number of purchases because buying is much easier without any change and coin return.
Owning a key becomes a distinctive privilege and a new way to buy.
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