Pros and Cons of Coin Operated Laundry Equipment

Buy Coin laundry equipment in South CarolinaDeciding which payment method best suits your laundromat can be a difficult decision. Some laundromat owners prefer coin-operated machines while others opt for cashless payment systems or allow customers to swipe their credit or debit cards at the machine. While there are some benefits to going cashless, not every owner is convinced that this is the best way to go for their business. If you need to buy coin laundry equipment in South Carolina, please call T & L!

Coin-operated machines may seem old-fashioned. You may worry that they pose numerous challenges to the customer. The truth is that coin-operated machines have benefits for both owner and customer that you may not have considered. Here are the pros and cons of using coin-operated machines in your laundromat:

Pros:

  • Less expensive than card-based payment systems
  • No monthly transaction fees
  • Collect ATM fees when your customers get cash onsite to do their laundry
  • Machines are more readily available
  • Customers are used to paying this way
  • Employees don't have to collect and handle coins

Cons:

  • Can be frustrating for customers who don't have coins on hand
  • Revenue can't be checked real-time
  • Loyalty programs and promotions are more difficult to track
  • Risk of theft and damage to the machines by thieves
  • Customers who aren't familiar with the costs of each load could be inconvenienced if they run out of coins before their clothes are finished drying

The cashless payment trend is on the rise in the vended laundry industry. Many owners are making the switch, however, some still prefer the coin-based method of payment in their business.

Buy Coin Laundry Equipment in South Carolina From T & L

For the last 40 years, T & L Laundry Equipment has been helping laundromat owners evaluate old technology and new technology to decide which is right for their business. Our staff stays on top of the latest trends and industry information to ensure that we can provide the answers and insight you need to run a successful laundromat. We don't want to be just another vendor. When you work with T & L you're working with a team of people who care about your business and its success.

Our service to our customers goes above and beyond our competition. From responsive service calls and parts ordering to complimentary onsite layout visits, we're ready to help your business succeed from the first phone call through the delivery of your equipment and beyond. We know that running your laundromat can be a challenge. That's why we are here to keep your machines running smoothly and to get you up and running quickly.

When you need to buy coin laundry equipment in South Carolina, call T & L. Whether you are looking for an entire building full of new equipment or you need a few used pieces to replace old machines in your laundromat, we can help. New laundromat owners benefit from our relationships with two of today's top manufacturers, Speed Queen and Continental. With T & L you have full access to their complete product lines and in-house financing direct from the manufacturer. Our staff makes it easy to get the finance paperwork done correctly and guides you through every step of the purchasing process.

Put our dedication and relationships in the industry to work for your business. Call or come to the showroom and see what makes T & L Laundry Equipment different!

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