Monday, March 4, 2013

Card or Coin? which is best for a laundry business

A coin change machine can cost around $2000 and it is best to have more than one in case one has a problem that takes it out of service.

A card system can run into the tens of thousands of dollars.

Call me crazy, but I think I see inflation hitting sometime in 2013 or 2014 in a big way. So I recommend investing in a card system. You don't want to mess with changing the prices on a coin machine.... at a certain point it may become ridiculous for the person to keep sticking in a handful of coins just to run the machine.

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