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Gold Vending Machine

A Gold Vending Machine is an automated retail device that allows customers to purchase physical gold products (such as gold bars, coins, or jewelry) directly, similar to traditional vending machines but specialized for precious metals. It integrates financial technology, security systems, and real-time market data to enable quick and convenient gold transactions.

Most Gold Vending Machine include a range of the following:

Capacitive touch screen

Payment terminal

ID Verification & Anti-money Laundering (AML)

QR coder scanner

Safe, customizable self service dispensing software

Software Flow for

Gold Vending Machine

User Interaction
- Customer selects a gold product (e.g., 10g bar) via the touchscreen.
Price Confirmation
- System retrieves real-time gold price data and displays the total cost.
Payment Processing
- Customer inserts cash, swipes a card, or uses a mobile payment app; transaction is encrypted and authorized.
ID Verification (if required)
- For large transactions, customer scans ID (passport, driver’s license) for AML compliance.
Inventory & Dispensing
- System checks stock availability, dispenses the gold item via the vending mechanism, and updates inventory records.
Receipt & Transaction Log
- Issues a digital or physical receipt and logs the transaction for audit purposes.
Remote System Management
- Operators receive alerts for low inventory, technical issues, or suspicious transactions via the cloud-based management platform.