Yoke Payments Introduces New Payment Terminal For Vending And Micromarkets

Posted On: 3/13/2019

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HOLLYWOOD, CA -- Yoke Payments is rolling out a new payment terminal designed for a better operator and end-user experience. Improvements include a redesigned terminal housing for maximized efficiency and increased durability.
After significant consumer testing and behavioral analysis, Yoke said its product- design team identified optimal placement for the credit card reader and barcode scanner to simplify and speed up the end user's experience.
The improved payment terminal also features a new VESA-certified mounting system. Depending on the market buildout design, operators can choose a wall-mount, table-top or floor stand, along with power cord options of 6 ft. or 10 ft. The terminal uses Apple's latest sixth-generation 9.7" iPad along with a 2D barcode scanner and credit card swiper. The unit connects easily to any WiFi or cellular network and operators can use Yoke's Verizon data plan or add the device to their existing cellular plan.
The terminal continues to run on the Yoke Payments self-checkout software platform. The new terminal includes a built-in remote-monitoring program, providing complete control of connectivity and seamless updates without the need of human interaction at the terminal. Yoke also can brand the terminal and mobile application to provide an even more custom feel and look.
"At Yoke Payments we listen to our customers and make necessary changes to the system and platform that will ultimately help them maximize their growth potential," said Yoke Payments cofounder Ben Thomas. "The new payment terminal takes in to account our customers' needs and requests, while maintaining a sleek look with ultimate functionality."
Founded by Michael Johnson and Benjamin Thomas in 2014, Yoke Payments combines the mobile wallet and cash register to create a simplified payment solution for its operators and their customers in the micromarket and vending industries. End users of the payment solution are asked to simply: Scan. Pay. Enjoy. The self-checkout point-of-sale system uses a tablet or mobile device and allows users to quickly and efficiently grab their desired items and checkout with no wait.
A key aspect of Yoke's platform is a dedicated inventory management system to support its users' needs and business operations. Available on both desktop and mobile devices, the platform allows users to keep track of and manage inventory, pull reports, and analytics at the click of a button.
In addition, the platform gives customer accounts the ability to load and use funds for purchase via the mobile app or checkout terminal. Customers can collect loyalty points per transaction and redeem a market credit for purchases. The platforms also offer a payroll deduct option called "YokeTab," where customers can add products to a running tab and cash out at any time.
Since its inception, Yoke Payments has forged partnerships with the industry's top platforms to enhance operators' offerings and streamline the end-user experience. Its partners include Cantaloupe Systems and VendSys, which provides integration into their operators' current vending management systems, and Triteq Locks, which enables operators to ensure their cooler doors are locked.