Thursday, January 7, 2010

Source Technologies Announces Layaway Feature for Bill Payment Kiosk







Adding More Functionality to an Already Successful Solution



CHARLOTTE, N.C.--(BUSINESS WIRE)--Source Technologies, a leading provider of transactional and interactive self-service kiosks, announced an exciting new layaway addition to its existing bill payment kiosk solution. This new functionality allows retail shoppers to browse available products including those that may not be in inventory at their current store location, select an item, place the item on layaway and make payments toward the layaway item all from the convenience of a single kiosk located within the retail store. This layaway kiosk eliminates the need for shoppers to search the aisles for product or wait in line to make a deposit or payment toward their layaway selections. It also allows retailers to accommodate layaway shoppers’ product selections while reserving inventory items for purchasers, freeing up valuable retail floor space and giving retailers an advantageous forecasting tool.





“Our bill payment kiosks are readily accepted by consumers as a quick, convenient way to pay their bills. Expanding the solution to include a layaway option gives the shopper and the retailer more options to engage, ultimately converting more shoppers into purchasers”



With thousands of bill payment kiosks installed that currently process more than ten million transactions, representing an excess of one billion dollars annually, Source Technologies’ bill payment kiosk solutions have already revolutionized consumer bill payment at retail locations throughout the United States. Now, this award-winning bill payment solution is the platform of choice for the resurging popularity of layaway payment options at retail locations worldwide. “Our bill payment kiosks are readily accepted by consumers as a quick, convenient way to pay their bills. Expanding the solution to include a layaway option gives the shopper and the retailer more options to engage, ultimately converting more shoppers into purchasers,” offered Sarah Burkhart, Director of Product Marketing. “Empowered shoppers can place select items for layaway or make payments toward layaway items while employees are free to focus on more complex transactions or ring up today’s purchasers.”



The Source Technologies self-service bill payment and layaway solution, powered by the new PilotPoint™ 5-Series Plus transactional kiosk, offers shoppers the ability to purchase without relying on credit cards. It also promotes efficient staffing models by allowing the workforce to focus on revenue-generating activities. The kiosks also reduce operational overhead while maximizing customer satisfaction and loyalty.



Currently, there are thousands of Source Technologies’ bill payment platform kiosks installed in more than 200 cities across 50 states.



About Source Technologies




Source Technologies’ self-service kiosks and secure print solutions empower businesses to automate a wide-range of processes including complex banking transactions, customer-facing retail and hospitality interactions, and the secure printing of sensitive information and negotiable documents. Our self-service kiosks support multiple applications including bill payment, price checker, quick serve orders, and digital signage. Our secure printers and MICR printing solutions support even the most time- and information-sensitive applications, such as payroll, accounts payable and prescription printing. For fresh inspiration, come see what Source Technologies can help you achieve.



Innovation underway at www.sourcetech.com.



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