Smart Card Systems give you the ability to operate with no coins, as well as, raise prices by a nickel or dime instead of a quarter. This technology turns your Laundromat or Laundromats into a prepaid debit card system. Another feature of the Smart Card System is the specials pricing by the time and or days.
Smart cards enable customers to purchase a card, increase, the credit line on an existing card and pay for transactions through a computer-based card dispenser/reader. The reader verifies the value on the card, deducts the cost from the balance and automatically completes the transaction.
Smart Cards carry all of their account information, card balance and account number, security algorithm and specific location code, right there on the card. Your customer's money is actually on the card. Transactions or vends are processed by the individual card reading devices on each machine. None of the readers are connected to a PC or central computer; they are, in fact, miniature computers themselves. Smart card systems require no hard wiring and are extremely reliable, as they do not rely on a central PC to operate.
Magnetic Stripe Cards, like Smart Cards, carry information, but not quite the same way Smart Cards do. Mag Stripe Cards carry an account number along with a security code as well as a location code. They do not however carry the actual card balance. Each and every customer will carry a card that will indicate their account and any funds they have added to or subtracted from their account. That account is stored in a PC or central computer which all of the card reading devices and add-value devices are wired to and must constantly communicate with. There is some risk that the PC or central computer however smart cards are provided as a failsafe for un-interrupted service. The Mag System provides superior tracking and reporting of your entire store's income over the smart cards.
Learn more about our Smart Card Systems by clicking on the logos below. Then contact a Metropolitan Coin Laundry Specialist to learn more about your options and determine the best system for your store.