WASHINGTON -- Vagabond , a vending and convenience services technology platform provider, and Scottsdale, AZ-based payment platform provider Apriva have partnered to bring new unattended payment options to college campuses. College students will be able to use their virtual campus cards on Vagabond's vīv mobile payments app via Apriva's network, reducing equipment costs for campuses and operators. This partnership is on the leading edge of turning virtual student IDs into a form of payment as the ...
April 21, 2019
WASHINGTON -- Vagabond, a vending and convenience services technology platform provider, and Scottsdale, AZ-based payment platform provider Apriva have partnered to bring new unattended payment options to college campuses. College students will be able to use their virtual campus cards on Vagabond's vīv mobile payments app via Apriva's network, reducing equipment costs for campuses and operators.
This partnership is on the leading edge of turning virtual student IDs into a form of payment as the campus card industry moves away from physical cards.
Vagabond's combination of enterprise resource planning, communications network and vīv payments technologies have enabled its touchless vending solution since early 2017. The touchless vending experience migrates consumer interactions with vending machines from the physical machine to consumers' personal phones away from the machine. Consumers cam remotely view product and nutrition information, link their preferred payment method and enable the vend of the product they desire without touching the machine.
Operators benefit from the savings resulting from nearly no service calls required when cash payment peripherals, that are rarely used at higher education campuses, are removed from the machines. Operators are also able to provide better service by taking advantage of vīv's instant sales data delivered to operators' ERP systems.
Brands are able to influence consumer buying behavior in live time as vīv links a known user with a known product at a particular location. "Vagabond's vīv mobile application is the kind of cutting-edge technology and convenience students of this generation demand," said Apriva president David Riddiford. "Apriva is very excited to partner with Vagabond to further penetrate the higher education market."
Students will be able to use their campus cards on vīv at campus vending machines and micromarkets. Vagabond said it seeks to deploy vīv throughout college campuses to offer students, faculty, and visitors an easier, robust and more secure payment method.
Vagabond said it chose to work with Apriva because of its expertise in unattended retail and unique connections to industry specific closed-loop payment systems.
"Apriva is a proven payments leader in the self-service space and has fostered positive relationships with many innovative and forward-thinking campuses and campus card providers," said Vagabond chief technology officer John Powell. "We're happy to work with them on providing innovative solutions to campus card users."
Operators will reportedly never miss a sale through vīv's campus card support and can expand their offerings to education campus by offering corporate employee ID and payroll dedication payment options through the vīv mobile application. Apriva's internal research has shown that accepting campus card payments at machines at campus facilities increase sales by up to 25%.
The Apriva platform integrates with all major North American campus card systems to provide a seamless and secure stored value purchasing experience. The partnership is a natural fit for both organizations as Apriva offers a robust platform that provides both traditional and non-traditional payment integrations.
The integration also opens the door for future integration with any other campus card processors.
National Automatic Merchandising Association (NAMA) Show 2019 attendees can visit Apriva in booth 1761 and Vagabond in booth 1361 April 24-26 at the Las Vegas Convention Center to learn more about the partnership.