Vending

Tokens cited as a solution to coin shortage for coin machine operators

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July 23, 2020

Operators of coin machines facing business issues due to the coin shortage caused by COVID-19 have the option of switching form coins to tokens, according to TokensDirect and Van Brook, divisions of Osborne Coinage Co.

Based on the type of customized token selected, change receptacles can be reprogrammed to accept tokens, the companies noted in a press release.

Switching to tokens can also provide cost-savings opportunities, according to the companies. A change machine that holds 1,200 quarters provides $300 worth of transactions before needing a refill. If that machine is converted to hold one-dollar tokens, it can hold four times the monetary value.

For an update on how the coronavirus pandemic is affecting convenience services, click here.