Setomatic Systems has been innovating in the laundry payment industry for over 50 years. Read on to learn more about our solutions and why they are the perfect fit for your multi-housing laundry room.
The Historical Background of Multi-Housing Laundry Equipment
The laundry industry is composed of two main segments. The first segment is normally known as the vending coin laundry space, and the second is commonly known as the multi-housing industry.
The multi-housing industry is similar to the vending coin laundry space, except the laundry machines are found in the apartment housing rather than in a separate building. The multi-housing segment also goes by the name “Coin Route Business.” Currently, about 90 million Americans are living in rentals in over 17 million apartments in the U.S.
Nearly 1/3 of all Americans live in rentals, and the number of apartment homes increases by 210,000 each year. These statistics offer business owners an opportunity to capitalize on convenience with apartment building laundry machines.
How Setomatic Systems Is Changing Commercial Laundry Services for Apartments
Since 1968, Setomatic Systems has seen many changes, as well as many companies come and go in the Laundry industry. Now in our third generation, we have successfully stamped ourselves as an industry leader. Through experience, expertise and consumer feedback, we have created innovative products for over 50 years that have helped revolutionize every segment of the Coin Laundry market.
At Setomatic Systems we manufacture many different products for Coin Laundries, but the two products that have left the biggest mark on the industry is our SpyderWash Payment System and our Digital Drop Coins. From an industry that was reliant on coin slides and mechanical timers, we created the first state of the art Digital Drop Coins for the laundry market to make it easier for customers to pay with quarters. Setomatic Systems still manufacturers drop coins to replace old coin slides, turn knob dryer meters, factory installed drop coins and outdated plastic drop coins.
Throughout the years washer and dryer prices have risen and payment preferences have greatly changed. Consumers no longer carry cash and want the option to pay with whatever is in their pocket (Coins, Credit Cards, and Smart Phones). We introduced our first credit card and debit card system to the laundry industry in 1993 and followed it up in 2009 with our next generation — SpyderWash. With our SpyderWash Payment System we have successfully made it more convenient for consumers to pay for their laundry, which directly leads to increased revenue for owners/operators of Coin Laundries. In creating a system that accepts Credit/Debit Cards, Loyalty Cards, RFID Contactless Credit/Debit Cards and NFC Mobile Wallet payments while still accepting coin, we have made the task of doing laundry much simpler.
Consumers of the 21st century are loyal to brands that make their lives easier. SpyderWash card laundry equipment for multi-housing can help tenants forget the hassle of doing laundry and searching for quarters.
How to Choose a Laundromat Payment System for Your Multi-Housing Unit
There are several options for laundry payment systems in multi-housing units. Setomatic Systems offers two great options to help transform your laundry room.
The SpyderWash all-in-one payment system reflects the evolving nature of commerce by accepting coins (optional), contactless credit/debit cards and NFC mobile wallets. The SpyderWash Laundry Payment System is easy to use and simple to install.
Our electronic drop coin is an excellent option if you want to update outdated coin slide operated machines. However, SpyderWash is the best option, if you want to transform your machines to the digital modern age with new payment types and real-time monitoring for a truly automated experience.
Benefits of Electronic Payment Systems
Electronic payment systems like SpyderWash can revolutionize the laundry experience for tenants, apartment owners, managers and operators.
There are several key benefits to choosing an electronic payment system solution:
- Payment: Customers can pay however they want with contactless debit and credit cards, NFC mobile wallets like Apple Pay, Samsung Pay and Google Pay and coins.
- Loyalty cards: Loyalty cards encourage tenants to build an affinity with your laundry room. When customers pre-load a loyalty card, they now have an incentive to return to your laundry room since they usually have a leftover balance or “float” on the card.
- Mobile app: Tenants can load their loyalty card, recharge it, check their transaction history and view which washers and dryers are available from the SpyderWash mobile app.
- SpyderWash Portal: The SpyderWash portal is a management tool that allows managers and owners to track digital and coin-based transactions.
Learn More About SpyderWash From Setomatic Systems
The SpyderWash electronic payment system and the electronic drop coin upgrade from Setomatic Systems can revitalize the laundry room experience for your tenants. Learn more about how SpyderWash can change how customers pay at your laundry room or how electronic drop coins can improve your bottom line. You can also reach out to Setomatic Systems online by filling out a form or calling us at (516) 752-8008.