Vending.com | The Wittern Group Announces its Commitment to the American Business Act on Climate Pledge

Vending.com’s parent company, The Wittern Group, joins 153 companies who have signed the American Business Act on Climate Pledge in their support for action on climate change.

Vending.comDES MOINES, IOWA – December 7, 2015 – Vending.com, announces The Wittern Group’s commitment to the American Business Act on Climate Pledge.  The official announcement from the White House highlights the commitments from 73 companies, including The Wittern Group, from across the American economy that are joining the American Business Act on Climate Pledge. With this announcement, a total of 154 companies will have signed the Pledge.  These companies have operations in all 50 states, employ nearly 11 million people, represent more than $4.2 trillion in annual revenue, and have a combined market capitalization of over $7 trillion.

By signing the American Business Act on Climate Pledge, The Wittern Group is voicing support for an outcome that takes a strong step forward toward a low-carbon, sustainable future at the COP21 Paris climate negotiations.  As a part of this Pledge, The Wittern Group is demonstrating an ongoing focus on climate action by committing to:

  • Reducing water usage by 10% by 2020
  • Reducing greenhouse gas emissions in their vending products by 45% by 2025
  • Increasing investment in low-carbon, climate-resilient, and green projects by $2 million by 2025
  • Developing long-term business plans that align with the deep DE carbonization necessary to keep global average temperatures from rising less than 2C

“Sustainability is an important initiative for Vending.com and The Wittern Group as we look to grow our business while remaining agile amid a changing environmental landscape,” commented Heidi Chico, CEO of The Wittern Group and NAMA Board Member.  “By committing to the American Business Act on Climate Pledge, The Wittern Group, along with Vending.com, is taking a leadership role by focusing on initiatives that will increase the profile of the vending industry and demonstrate our industry’s commitment to climate action.”

The Wittern Group is one of seven National Automatic Merchandising Association (NAMA) member companies that have committed to the American Business Act on Climate Pledge.  NAMA is the association representing the $25 billion U.S. vending and refreshment service industry.  These seven companies demonstrate an ongoing commitment to climate action and to voice their support for a strong outcome at the Paris climate negotiations.

“The Wittern Group recognizes that delaying action on climate change will be costly in economic and human terms, while accelerating the transition to a low-carbon, sustainable economy will produce multiple benefits with regard to economic growth, public health, and the well being of the global environment,” commented Heidi Chico, CEO of The Wittern Group and NAMA Board Member.  “The Wittern Group is proud to be a small but integral part in addressing climate change and through this Pledge has committed to ambitious, yet achievable, goals to reduce greenhouse gas emissions and utilize clean energy alternatives.”

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About The Wittern Group

Founded in 1931 by F.A. Wittern Sr., The Wittern Group provides a full range of products and services to meet all vending needs including design, manufacturing, financing, national and international sales, re-manufacturing programs, parts, and support services. The Wittern Group is structured to help people succeed in vending.  www.wittern.com

Contact: Heidi Chico // Tel: +1 (515) 271.8425 // E-mail: hchico@wittern.com

Vending Wallet & Greenlite Mobile Payment System  

greenlite2If recent trends are to be believed, the concept of paying for goods and services in cash may be a thing of the past – at least as far as millennials are concerned. More and more young people are increasingly paying with Apple Pay and similar types of mobile payment systems that rely more on technology and less on good, old-fashioned currency.

What is Mobile Payment?

Mobile payment uses credit, debit card or bank account information tied to a user’s smartphone to allow them to use technology like near field communication to pay for goods and services at many stores. Apple Pay is perhaps the most famous mobile payment system currently in existence, which allows users to pay for items using their iPhone 6 or similar iOS 8-powered devices. It launched in October of 2014, though it has long since been joined by similar services from many leading providers.

Mobile Payment and Vending Machines

One area where mobile payments are gaining a great deal of traction has to do with vending machines. Vending machines are already designed to offer quick, convenient experiences. This experience has only been made even faster and more efficient thanks to the fact that users can pay for items in seconds using their smartphones, smart watches and similar types of devices. These types of situations also have the benefit of being safer and more secure than a vending machine with a credit card reader.

GreenLite

One example of a mobile payment option for vending machines in action is the GreenLite system by Vending.com. It’s a turn-key, cashless technology that is totally secure and offers management 24 hours a day, seven days a week. Built into GreenLite are a number of features that make it incredibly attractive to providers like machine sales tracking, integrated cash versus cashless reporting, alerts for the health and status of a particular machine and more.

In addition to making the vending experience more pleasing for consumers, it’s also making it easier for the vendors themselves to manage their machines and make sure that they’re performing to peak efficiency than ever before.

Keeping up with the breakneck pace of technology has long been seen as a cost of doing business in the modern world. Thanks to mobile payment technology and services like the GreenLite system from Vending.com, however, technology is actually encouraging the investment for vending machine operators and providers all over the world. In addition to turning vending machines into a more customer-centric experience, they also bring with them a host of benefits that would have been thought to be impossible just a few short years ago.