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Now Prepay is a division of VendTek Systems Inc. that was created to commercialize VendTek’s eFresh technology within North America. Our electronic solutions are easy to use and they eliminate the need for a retailer to purchase and manage an inventory of prepaid products.
The Challenge for Retailers
Over the past decade, the Prepaid market has grown substantially. Unfortunately for a retailer in the prepaid market, it has evolved with increasing complexity. A retail location is required to carry an ever-expanding array of product offerings resulting in a greater financial investment and product shrinkage exposure.
The Solution
To address these challenges, Now Prepay developed its eFresh software for the electronic distribution of prepaid products via a Point of Sale Terminal, PC or Host to Host solution. Our solution will enable retailers to have all the advantages of selling prepaid services, including increased control and flexible reporting, as well as generating revenue from complementary sales. Once new products are available, the terminal will automatically prompt the retailer enabling immediate access to new products and services.
Retailer Benefits
Our virtual prepaid solution can provide significant benefits to retailers:
. Elimination of the need for inventory and the related security risk
. Elimination of shrinkage and theft
. Elimination of distribution costs
. No out of inventory problems
. Association with national brands
. Customer loyalty and revenue contribution
In addition to these benefits, retailers no longer have to prepay for products. Our solution ensures that you have a continuous supply of prepaid products on a 7 by 24 hour basis.
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