LOS ANGELES, March 4, 2015 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com), a leading manufacturer of automated retailing systems and custom vending machines, announced today that their systems are now being engineered to accept Apple Pay, as well as other mobile payment solutions.

Time Magazine stated, "Next time you're standing in front of a vending machine and cursing yourself for not bringing along cash or coins, your smartphone may be all you need."

Apple Pay has been steadily increasing their number of users since the service launched on the iPhone 6 in October, 2014. Chase Bank alone reported that they have over 1 million Apple Pay users.

Through AVT's partnership with PayRange, the company is offering a technologically advanced payment solution on their new vending machines and automated retailing systems. According to a study by USA Technologies, vending machines that utilize cashless payment systems drive incremental revenue and enjoy an average of 28% sales increase.

"Our company is known for innovation," said James Winsor, CEO and Chief Engineer at AVT, Inc. "Adding mobile payment solutions to our machines gives our customers a consumer-friendly system that can enhance use and increase daily volumes."

For more information on AVT, call (877) 424-3663, or visit: www.autoretail.com

About AVT:

AVT is a world leader in customized self-service solutions, and has developed patented technologies that have gained international acclaim. The company has been awarded for their innovative vending designs, and is credited with being one of the leading forces in the automated retailing and vending industries.

AVT is a publicly traded company, ticker: AVTC.

Connect:

Website: www.autoretail.com

Facebook: www.facebook.com/AVTInc

Twitter: www.twitter.com/avtincca 

Media Contact:
The Innovation Agency
www.innovationagency.net
info(@)innovationagency.net 

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/time-magazine-reported-apple-pay-coming-to-thousands-of-self-service-systems-300045207.html

SOURCE AVT, Inc.

Copyright 2015 PR Newswire