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UNDERSTANDING DOLLAR BILL VALIDATORS ON A VENDING MACHINE
Many people that buy vending machines don’t realize that the dollar bill validators have to be serviced on a regular basis. Dollar bill validators have rubber parts, such as belts, tires or wheels that wear out or slip over time. A good comparison as to how long these units will last is to compare them to the tires on your car. Do you drive 5,000 miles a year or 25,000 miles per year? The more you use these units the more wear that occurs on the rubber parts. Another factor is what environment or type of location these are used in. If you drive your car down a dirt or gravel road the tires will wear out much sooner than if you drive on smooth asphalt, the same principal applies to the rubber parts in the validators. More about this later when we discuss the types of locations.
HOW LONG DO THEY LAST
Based on our data from repairing hundreds of bill validators every year we have found some overall trends. The average life of all bill validators has proven to be about fourteen months in an average location with medium volume. We have large vending companies that bring in validators for repair in as little as five months in high volume accounts. We have had small vendors bring in validators for repair after three years in a slow office type account with low volume. Once again the above numbers are only averages based on ‘all’ validators returned for repair over a period of time.
TYPES OF LOCATIONS
Locations that seem to be ‘hard’ on dollar validators can include but are not limited to laundromats, metal grinding facilities, paint and body shops, stone or masonry facilities, work areas with spray booths or other airborne matter. Locations that are ‘easier’ on dollar bill validators usually include offices, retail outlets such as auto dealerships, pet stores, department stores etc. You do not want to choose a location based on the wear and tear on the dollar bill validators. Many of the locations that have the most wear and tear are also some of the best locations.
Many of our customers purchase cleaning cards in an effort to extend the life of their validators. These cards do not reduce wear of the rubber parts. The way these cards work is to clean the dirt and grime that might build up on the belts and other rubber parts. When this buildup occurs it makes the belts ‘slick’ and therefore they do not grab the bill properly. While I have never personally used any of these cards we do have customers that buy these cards from us by the box, so I can only assume they work. I was told by one customer that using a card can extend the life of the validator up to one month. I have learned that if you use these cards make sure to buy the ‘non alcohol’ type cards, as they will not harm the surface areas of the belts and will not ‘fog’ optical sensors.
TYPES OF VALIDATORS, MAKES AND MODELS
There have been many types of validators made over the years. Here are some of the more popular types and the pros and cons that we have found with these units.
Ardac, USA15/3. Pro; this compact validator opens easily to clear the bill path unlike other makes of the same vintage that do not. Bi-directional acceptance. Con; small drive belts that come off the drive wheels easily if the customer tries to cheat the unit by pulling on the bill after it has been inserted. Weak drive motors on the earlier units go bad quite a bit of the time and are very expensive to replace. Accepts $1 bills only.
Maka (now called Conlux) NB10/15 model. Pro, validator opens easily to clear the bill path unlike other makes of the same vintage that do not. Bi-directional acceptance. Good bill acceptance rates. Con; accepts $1 bills only, except its age, many of these units still in service functioning well. Mars VFM1/3. Pro, bi-directional acceptance, VFM3, high level, low level interface. Snack bezel allows use in many snack machines. Con; validator does not open to clear bill path, should jam occur the validator has to be partially disassembled to clear the jam. Due to its age the magnetic heads have become worn on many of these units and causes them to have poor bill acceptance rates, accepts $1 bills only.
Coinco CBA2. Pro, long belts give the unit a very long life. Con; one way acceptance, validator does not open to clear bill path, should jam occur the validator has to be partially disassembled to clear the jam. 110 volt, Single price only interface.
Coinco BA30. Pro; validator opens easily to clear the bill path unlike other makes of the same vintage that do not. Bi-directional acceptance. Quick bill acceptance. Flash codes to diagnose trouble with the validator. Dual interfaces, can use with 24 volt MDB machines as well as single price units. One of the most popular dollar validators ever made. Con; when new would accepts $1,$5,$10,$20 bills, due to its age and the board being non upgradeable it now only basically accepts $1 bills.
Coinco Mag50, similar to BA30. Pro; validator opens easily to clear the bill path unlike other makes of the same vintage that do not. Bi-directional acceptance. Quick bill acceptance. Flash codes to diagnose trouble with the validator. Dual interfaces, can use with 24 volt MDB machines as well as single price units. Con; when new would accepts $1, $5, $10, $20 bills. Due to its age and the board being non upgradeable it now only basically accepts $1 bills, unless made after around 2003.
Coinco Mag Pro, similar to Mag50. Pro; validator opens easily to clear the bill path unlike other makes of the same vintage that do not. Bi-directional acceptance. Quick bill acceptance. Flash codes to diagnose trouble with the validator. Dual interfaces, can use with 24 volt MDB machines as well as single price units. Flashing lights give visual appeal. Con; when new would accepts $1, $5, $10, $20 bills, due to its age and the board being non upgradeable it now only basically accepts $1 bills, unless made after around 2003.
Coinco Bill Pro. Pro; validator opens easily to clear the bill path unlike other makes of the same vintage that do not. Bi-directional acceptance. No control box for flexible mounting. MDB splitter harness built it. Most Bill Pro BP2 units can be updated to take the newer $5 bills. BP4 models can be updated to accept $1,$5,$!0,$20. Con; weak drive motor, minimal flash codes.
MEI VN2000 series validators. Pro; very reliable bill acceptance. Bi-directional acceptance. Compact size with soda bezel installed. Validator opens easily to clear the bill path. ‘Flash Port’ models can be updated to accept the new $5 bills. This unit has now become the new standard of the industry. Con; separate power harness, expensive kit required to install ‘snack’ style bezel to replace VFM3.
Conlux NBM3000 series validators. Pro; very reliable bill acceptance. Bi-directional acceptance. Validator opens easily to clear the bill path. Flashing lights on the newer models. Most of these can be updated to accept the new $5 bills. Built in splitter MDB harness. Con; a little noisy when accepting bills, large bill box too deep to fit many soda machines.
We hope this article has given you more information about your bill validators and helps you in choosing units that are right for your vending machine needs. If you are currently using any of the older validators mentioned in this article that have major cons and have them fail, you might decide it is worth it to move up to a newer, more reliable style of validator.
Any customer that wishes to acquire your equipment and inventory can obtain 100% financing. Our business loan program is available to any business that is a year or older, credit score of 500 or higher and gross revenue of $15,000 per month or more. Fast credit decisions and funding within a week. Please contact us for additional details.
George Bloom Managing Partner FINANCE SOLUTIONS OF AMERICA LLC Email: email@example.com Web: www.finsolamerica.com Direct: 561-634-5678 Fax: 954-200-6162
Vending Machines business is 100% against Cash only business. All you just need is a nominal initial investment and it does not require any degrees or previous experience either. The success or failure of this business is you. You don’t need anybody else in the Vending Machine Business other than yourself. You are the boss and you alone will decide as to what kind of a vending machine you need, what do you want to stock and sell and where do you want to place the vending machine.
A-rated machines, now broken down my manufacturer as well as size. B-rated machines now broken down by corporate branding such as, Coke, Dr Pepper, Pepsi machines as well as generic multi price and single price machines. We sell soda vending machines, snack vending machines and other types from the following fine manufactures on this site: Coinco, Conlux, Crane Automatic Products, Crane Dixie Narco, Crane, National, GPL, Lektro-Vend, Mars Electronics, National Vendors, Polyvend, Rowe International, Vendo Sanden. We
sell parts for many machines including coin mechs, dollar validators and more
Vending machines can be seen in many places. They are usually somewhere, which is traversed heavily by many people. You will note that they are in bus stations, train stations, office buildings, and even shopping malls. They will either have a variety of goods or one type. They are so diverse that they can either give you a cold beverage, a tasty snack and even a hot meal. There is no limit to what is available in them.
The vending business is not new at all. It goes back for many centuries. Can you imagine as far back as the 1 A.D. did you know that the first was created in Alexandria, by an engineering phenomenon from Greece. He designed a vending machine that operated by dispensing holy water. This could be found in the Egyptian temples. It was also controlled with coins.
It was truly way ahead of its time. The concept was not changed until the industrial revolution period where there were now electrical alternatives. Then since then, the early 19th century, people would be able to see these new and Refurbished Vending Machines almost everywhere. Books and postcards were also dispensed from these machines. It was round about this same era that these vending machines were introduced to the American market. In New York, gum dispensing machine was a great invention there. Since then, you could not go about the urban areas without seeing one. As well as the books, you could get food, stamps and cigarettes.
This is certainly a multibillion dollar industry; did you know? Because of this, they are continually being advanced in their technology. Did you know that they even have wireless capabilities? Their communication systems have been built like that so that the companies can quickly and easily track inventory, when they need to be refilled and monitor any other activity going on with them. You can be certain if you manage to move one, they will find you in a jiffy. Because they do use electrical power, alternate sources are being employed like hydrogen fuel-cell machines.
Yes, this is a great and invigorating concept; but so too are the diversity in the products that are sold through these new or refurbished vending machines. The innovation certainly doesn’t stop as every year there are new concepts. The great minds just keep on churning out new ideas. Japan and US are certainly leaders in this. You can get pizza that is fresh, or even small weird and wonderful trinkets in Japan. Truly, one has to wonder if there is anything that cannot be sold in a vending machine.
What is offered in vending machines will vary about the world. If you are considering using these machines and going into the vending business, then certainly you must understand that there are factors to consider.
You will want to put them somewhere, that a lot of people will go by them, and buy from them. You are looking for maximum profits from your investment. So it is common sense to place them where there are a great many people. Many of the options that come to mind, might already be occupied by other vending machines; but that does no t limit you to not thinking outside the box and being innovative in choosing a location. When you go about your day to day business, just look around see where could use a vending machine.
You will want to talk to everyone and anyone who will give you ideas and suggestions. This will range from friend and foe; to family and business connections. Try to network as much as possible. Out of your networking you might connect with a business that is looking to have them installed on their premises.