Categories: Laundromats, News, TechnologyPublished On: January 12, 2022

LAUNDRY PAYMENT SYSTEMS: LET’S TALK ABOUT YOUR BEST OPTIONS

As a laundry investor, you got into (or are getting into) the business to make money. While
equipment brand should be your first consideration, it’s also important to choose a mix of
capacities and features that deliver a strong return on investment (ROI) and think about how
you’ll actually receive those earnings.

Today, owners have multiple laundromat payment systems to choose from. From coin
payments to credit or debit cards or mobile apps—how do you know which one is right for you?

Choosing the Right Laundromat Payment System Mix for Your Business

Selecting the right combination of laundry payment systems is an important part of balancing
customer convenience with operational efficiency. Each payment option comes with pros and
cons to consider:

Cash and Coins: Familiar to most customers, but often requiring time-consuming
collection and management, this option is a traditional go-to. But it requires additional
staffing and time to tackle.

Mobile Payment Apps and Cashless Laundry Solutions: Simplify operations and
data collection, by combining everything into one laundromat payment system. Worried
about mastering laundromat software? No need. Most platforms, like many of today’s
mobile apps, are intuitively designed for simple setup and use.

Card-based Payment Systems: Customers load value onto a laundry debit card that
deducts payment for every wash or dry cycle.

Credit Card Readers: Another cashless laundry solution, this option involves bolting
credit card readers onto laundry machines. While convenient for customers, it can add
extra costs for laundromat owners.

https://speedqueencommercial.com/en-us/news/speed-queen-
adds-payment-center-option-to-lineup/
It’s part of Speed Queen Insights and is a way to accept
multiple forms of payment. this also is a helpful overview of
what it can do –
https://alliancelaundrysystems.widencollective.com/assets/sha
re/asset/0oybtel4r6


Pro Tip: Want even more flexibility? Check out the Speed Queen Payment Center, part of
Speed Queen Insights. It’s a centralized solution that accepts multiple forms of payment—coins,
cards, and mobile—so you can cater to every customer.
H2: The Growing Popularity of Laundromat Technology Platforms
Modern laundromats are embracing tech-driven solutions like Speed Queen Scan-Pay-Wash.
This industry-first feature lets customers scan a QR code on machines, pay via credit card or
mobile wallet and start their laundry—it’s really that easy.
These platforms also let customers:
• Pay via smartphone
• Monitor machine availability
• Earn loyalty rewards
That’s all without touching a single bill or having to shuffle any coins.
H2: Why Go Cashless at Your Laundromat?
A case can certainly be made that the owner who offers multiple payment options is better
positioned for success than one tied solely to coins. In the end, however, owners must balance
their management level with what payment options their market might embrace.
Pairing advanced payment systems with smart washers and dryers creates a seamless
experience. Customers can start machines remotely, track cycle progress and enjoy faster
service—all while you gain valuable usage data.
H2: Common Laundry Payment System Questions
Q: What is Scan-Pay-Wash and how does it work?
A: Scan-Pay-Wash is a cashless payment solution for laundromats that enables customers to
pay via smartphone, eliminating coins and cards. It streamlines operations and enhances
customer convenience.
Laundromat customers scan a QR code on Speed Queen machines, pay using their credit card
or mobile wallet—and then start their laundry.
Q: Are cashless payment solutions secure?
A: Yes. Cashless payment solutions use encrypted transactions, reducing theft risk and
improving financial security for both owners and customers.
Q: Do smart washers and dryers really make a difference?
A: Absolutely. Smart machines allow remote monitoring, cycle tracking, and integration with
payment apps, creating a modern, efficient laundromat experience.
Title: Laundry Payment Systems: Let’s Talk About Your Best Options
Description: Laundromat owners have multiple laundromat payment systems to choose from.
From coin payments to credit or debit cards or mobile apps, find out which mix is right for you.