PayMore launches 'PayStation™' a proprietary
kiosk/ATM, to Enhance CX, Mitigate Theft, and more by Eliminating
Cash Transactions
NEW
YORK, May 2, 2024 /PRNewswire/ -- PayMore, the
nation's fastest-growing electronics franchise, is proud to
announce the launch of its proprietary interactive electronics
buy-back kiosk PayStation, which features similar but more advanced
functionalities of an ATM. Developed by Founder, President, and
tech visionary of PayMore Erik Helgesen, with proprietary,
cutting-edge hardware and software, PayStation is being described
as the brand's "iPhone" moment.
"If you're not paying attention to PayMore
Store's tech, now's the time."
The PayMore PayStation kiosk contains proprietary software, and
an intuitive interface streamlines transactions, reducing risks
associated with cash handling. Customers can interact with
PayStation in various ways, including browsing store inventory,
accessing loyalty programs, engaging with social media features,
and checking trade-in device pricing for their used tech. They can
seamlessly complete transactions using QR codes, which allow them
to receive payment in cash, digital cryptocurrency, or
tokens. Additionally, customers have the option to split payment
into big-box brand gift cards such as Starbucks and MasterCard or
donate funds to charity. PayMore PayStation removes traditional
cash drawers from the local buy back store model, which enhances
operational efficiency and minimizes theft risks.
"PayStation is set to redefine the secondhand industry. Years of
planning have culminated in a solution that removes cash from the
equation, ensuring safety and efficiency. We're not just removing
headaches; we're rewriting the playbook," said Helgesen. "Our
tech-first approach streamlines operations, freeing our employees
from cash handling. They can now focus solely on delivering
exceptional service, leaving the rest to our technology. If you're
not paying attention to PayMore Store's tech, now's the time. This
will be one of the biggest advancements in the electronics retail
industry, and we are just getting started."
Key features of the PayMore PayStation electronics buy back atm
and kiosk include:
Secure cash handling: Customers receive a QR code or
token, to complete transactions to then receive cash, gift cards or
even donate to charities like Red Cross. The brand is also working
on potential direct bank deposit and digital wallet.
Post-sale interaction: The kiosk supports post-sale
transactions such as quote-to-store and mail-in services, enhancing
customer convenience. It also serves as a modern alternative to
traditional ATMs, allowing PayMore to extend its retail presence
beyond store locations.
Loyalty and referral programs: Customers can participate
in loyalty programs, referral incentives, and other engagement
initiatives directly through the kiosk interface.
In addition to these groundbreaking features, PayMore is also
working on a range of proprietary software solutions aimed at
enhancing the overall retail experience. These innovations include
launching a franchise management system, dynamic website
integration with POS systems, and strategic partnerships with
leading technology companies such as Shopify and Google.
The unveiling of the brand's interactive kiosk, PayMore
PayStation marks a significant milestone in the company's ongoing
mission to revolutionize the retail industry. With its focus on
innovation, convenience, and sustainability, PayMore is poised to
set new standards for retail transactions in the digital age.
For more information about PayMore and its innovative solutions,
visit www.paymore.com. For more information on becoming a PayMore
franchisee, please visit https://fransmart.com/paymore.
About PayMore:
PayMore was founded in 2011 in Massapequa, New York to obtain and repurpose
old electronics and recirculate them back into the marketplace
instead of having them pile up in landfills. What started as a
mission driven store on Long
Island has quickly become the fastest growing electronics
franchise in the country. By offering customers a boutique retail
experience where they can safely sell unwanted electronics and buy
new devices, PayMore has created a new niche in the marketplace
with 26 open stores and over 250 in development and counting. The
brand began franchising with Fransmart in 2020, and with its low
start-up costs, incredible unit economics, and easy operations
quickly began attracting experienced multi-unit franchisees looking
to diversify their portfolios. For more information on becoming a
PayMore franchisee, please visit https://fransmart.com/paymore.
About Fransmart:
Fransmart is the global leader in franchise development, selling
over 5,000 franchises worldwide and turning emerging restaurant
concepts into national and global brands for 20 years. Company
Founder Dan Rowe identified and grew
brands like Five Guys Burgers & Fries, QDOBA Mexican Grill and
The Halal Guys from 1–5-unit businesses to the powerhouse chains
they are today. Fransmart's current and past franchise development
portfolio brands have opened thousands of restaurants globally.
Fransmart and their partner brands are committed to franchise
development growth. Follow Fransmart
on Facebook, LinkedIn, Instagram, Twitter,
and YouTube. For more information,
visit www.fransmart.com.
Media Contact: Danny
Stewart, Fishman Public Relations, dstewart@fishmanpr.com,
847-945-1300 ext. 266
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SOURCE PayMore