The majority of vending operators in the US will adopt cashless payment technologies over the next year, according to a survey of 200 NAMA members, carried out by Apriva, a provider of end-to-end wireless transactions and secure information solutions.

According to the findings, approximately 57 per cent of all respondents expect to either integrate or expand the use of cashless technology in 2011, with only eight per cent of the respondents indicating they do not foresee adding any cashless technology into their business.

Stacey Finley Tappin, vice president of sales for Apriva, said: "It appears that the vending community is approaching critical mass in terms of adopting cashless technology. The findings confirm what we’re seeing in the field - that a growing number of operators understand the benefits offered through cashless technology and are prepared to make the strategic decision of bringing these solutions into their businesses."