Vending

Phone charging provider moves from ‘pay to play’ to monthly rental

Image provided by Electron.

December 13, 2022

Electron, a provider of phone charging stations, recently moved from a pay to play model, charging end users per charge, to a flat monthly rental, allowing workplaces to install an Electron station and enjoy unlimited use of multiple chargers, according to a press release.

"As employers are becoming dedicated to making the workplace a destination for their staff, the last thing they want to hear is a comment from the employee about how they never had a problem keeping their devices charged when they worked from home," Nasim Muabbat, founder and CEO of Electron, said in the press release.

"Once an office accepts a charging station for a 30-day trial, it never leaves," Muabbat said. "They pay the monthly rental per unit or they pay for a year at a time and receive a slight discount."

From a revenue standpoint, Muabbat said that operators should think of Electron like another version of a point of use drinking water system rental or an ice machine rental — consistent monthly income. The difference — no investment, no installation, no service, no headaches.

"Just set up a free trial, sign the customer up and start collecting commissions, typically about $350 annually, per unit," he said.