What is a coin vender? An explanation of the benefits and drawbacks.

With the changing nature of work, more and more people are working outside the office. As a result, copiers and multifunction printers (MFPs), once essential to the office environment, are now seen everywhere.

Have you heard of "coin venders"? These devices are becoming increasingly popular for their compatibility with multifunction printers (MFPs). In this article, we'll explore what coin venders are, their pros and cons, security features, where they're typically used, and how to set them up.

What is a Coin Vender (Charging Device)?

A coin vender is a device for inserting money when using a paid copier or multifunction printer (MFP). Many people may have seen them installed on MFPs at convenience stores.
Coin venders can often be found in places where many people gather, like libraries, community centers, schools, dormitories, hotels, supermarkets, and home centers. With the rise of telework, they're also becoming increasingly common in shared workspaces such as co-working spaces and shared offices.

Some coin venders can accept IC cards in addition to cash. These advanced models, known as "IC card readers," support technologies like NFC and FeliCa for greater flexibility.

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Benefits of Coin Venders

Introducing coin venders offers benefits such as easier cost recovery for businesses and the prevention of user troubles, creating positive effects for both the installer and the user. Let's take a closer look.

Benefit 1: Recover the Cost of the Multifunction Printer

Some companies are introducing coin venders to reduce expenses.
Printing with copiers and MFPs costs 1 to 2 yen for monochrome and 10 to 25 yen for full color. Frequent, high-volume printing can result in significant costs. Installing a coin vender can lead to cost reduction. Also, by paying each time, you can "visualize" how much printing costs are incurred, raising awareness to avoid wasteful printing.

Recently, demand for co-working spaces has been increasing. Therefore, it is possible to generate revenue by installing coin venders in facilities that can be used as workplaces.
Regarding coin vender pricing, they generally support 5 yen to 500 yen, and you can set detailed pricing according to the printing type and size, such as monochrome or full color. By setting the price according to the place where it is installed it can lead to profitability

Benefit 2: Avoid Trouble

f you install an MFP without a coin vender, you will need to pay cash through a person each time, and you will need staff for that purpose. If a coin vender is installed on the MFP, the operator does not need to manage the number of sheets used or the charges, which has the advantage of reducing mistakes and trouble. Coin venders reduce human error and serve as user-friendly devices.

Coin venders are also well-suited for temporary use locations. By installing a coin vender together with an MFP, it is in demand as a convenient device for drop-in use that can prevent trouble.

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Disadvantages of Coin Venders

Next, let's discuss the disadvantages of coin venders.
While coin venders are convenient and efficient devices for both users and operators, it's important to be aware of the cost aspects beforehand.

Disadvantage 1: High Costs

The market price of a coin vender is around 200,000 yen. Although coin venders are devices with potential for profitability, it may be difficult to introduce them as a main business. Since they are ultimately devices that improve work efficiency and convenience, it is necessary to consider the cost-effectiveness beforehand.

Disadvantage 2: Using Banknotes Incurs Additional Costs

The price of a coin vender varies depending on its functionality. There are models that only accept coins, models that accept 1,000 yen bills, and even coin venders that issue receipts. As functionality becomes more abundant, the price also increases to 300,000 yen or more. Therefore, it is necessary to choose a model that suits the installation environment and users according to the budget.

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Security Measures for Coin Venders

Consideration should be given to security measures so that unspecified numbers of users can use coin venders with peace of mind. In particular, when copying contracts or documents related to personal information, it is advisable to choose a coin vender with a data encryption function to prevent data from being leaked to the outside.
In addition, by appealing that the coin vender has security measures, you can provide users with a highly safe service.

Document Left Behind Warning Sound

To prevent users from forgetting to collect their originals after copying, a document left behind warning sound is included. This feature provides peace of mind to users preventing them from accidentally leaving behind documents containing personal information or important contracts.

Usage History Deletion Function

A usage history deletion function is included to prevent information leakage problems. If the history remains after using the copier, there is a risk of leaking personal or important information. Users can feel secure knowing that the history is deleted, allowing them to use the copier without worry.

Suitable Locations for Coin Venders

Now, let's discuss the suitable locations for copy venders. Let's examine what kind of facilities they are suitable for and the effects of introducing them in each location.

Convenience stores

Convenience stores offer the advantage of quick shopping and service utilization, and with their large number of locations, they are easily accessible and convenient for many people. Therefore, having a coin vender attached to a multifunction printer is expected to improve customer traffic to the convenience store.
Also, recently, the use of electronic money has been increasing compared to coins, so when choosing a coin vender model to install in a convenience store, it is recommended to select a model that allows payment with IC cards and electronic money according to the needs of users.

Hotels

In the case of hotels,  there is a tendency for demand for coin venders to be particularly high in business hotels. Also, many hotels are considering introducing coin venders along with multifunction printers, depending on the type of guests they cater to.
With the spread of remote work, the number of people working while staying at hotels is increasing. As work styles diversify, "hotel work" is becoming a new option, and demand for multifunction printers and coin venders is rising in the hotel industry.

Shared offices

Shared offices are offices where individuals and companies share a single space. The main benefits are reduced office expenses, flexible work styles, and for the operators, the ability to provide a convenient space for users.
Therefore, to provide a place where users of shared offices can work efficiently, having a multifunction printer with a coin vender increases convenience.

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Manga cafes

As a self-service function, there is also demand for coin venders in manga cafes and internet cafes. Coin venders are recommended to provide services that differ from other stores and for user convenience. With the demand for telework, coin venders are being installed in places where people can freely use the internet and enjoy manga and magazines.

How to Introduce a Coin Vender

When installing a coin vender, no complicated operations are required. Simply install dedicated software on the MFP and PC, connect the coin vender, and you can easily start using it.
Also, when purchasing a coin vender, it is a good idea to request a quote from an MFP sales company. It is also possible to consider leasing when introducing an MFP.

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[Caution] A multifunction printer is required to use a coin vender.

Coin venders are devices that are installed as a set when installing a multifunction printer (MFP). Without an MFP, it is difficult to utilize the functions of a coin vender. Since it is a device that allows users of an MFP to easily pay after use, consider installing it as a set with an MFP.

Jimukiki.net offers free consultations and quotes for MFP leasing. Our motto is to provide customer satisfaction with pricing, regular support, and understanding customer needs to offer the best information.
If you are considering introducing an MFP, please feel free to contact us.
Regarding quotes, we will consult with you and respond to your needs if our price is even 1 yen higher than other stores.

Summary: Coin venders are convenient devices that are compatible with multifunction printers.

Coin venders are devices that benefit both those who use multifunction printers (MFPs) and those who operate them. With the spread of telework, there are more and more work styles that take place in various locations, and the demand for MFPs is increasing. Furthermore, by introducing a coin vender that can be installed as a set, the convenience of MFPs can be further improved.
Coin venders are compatible with MFPs and suitable for diverse work styles. Why not consider utilizing coin venders along with the introduction of MFPs?

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