Today's Winners & Losers in Laundromat Payment Systems with Stacey Cooper

In this episode of the Laundromat Resource Podcast, hosted by Jordan Berry, we dive into the world of payment systems with a special guest, Stacey Cooper from KioSoft. This episode is not one to miss if you're interested in understanding the dynamics of payment options in today's laundromat industry. Stacey shares his expertise on the evolution of payment systems, including the rise and surprising decline in some digital methods, while also giving insights into how owners and customers are adapting to these changes. With a rich background in cashless payments, Stacey offers valuable perspectives on the trends shaping the industry and the technological advancements improving the customer and owner experience alike. Whether you're curious about the right system for your business or how to future-proof your payment options, Stacey's insights are packed with practical tips and industry knowledge. Tune in to discover more about the winners and losers in payment systems today and how you can leverage these tools to streamline your operations and better serve your customers. In this episode, Jordan and Stacey discuss: 00:00 "Gaming Technology in Laundry Market" 06:09 Scaling Technology in Laundromat Industry 13:31 Mobile Technology Implementation Insights 16:32 Reducing Transaction Friction Points 23:12 "Cold Weather Convenience: Face ID" 31:30 "Quarter Market Systems Expansion" 32:20 Custom Coin Hardware Solutions 39:52 "Essential Laundry Service Benefits" 45:43 PE Influence in Laundromat Valuation 53:31 Market Consolidation in Store Ownership 55:54 Future of Distributor Consolidation 01:02:45 "Future of Distributor Networks" 01:07:17 "Integrating Complex Software Solutions" 01:15:40 Flexible Distribution Model Benefits 01:17:46 Becoming a One-Stop Solution 01:27:12 Laundromat Adds Dog Wash Stations 01:32:59 Choosing Tide for Laundry Experience 01:35:08 "KioSoft Sales and Services" Show Notes https://laundromatresource.com/show190 Resources Website- https://kiosoft.com/laundry-solutions/ Email- [email protected] Phone- USA Only: 888.546.7638 Outside USA: +1.561.810.5936 Social Media: LinkedIn:   / kiosoft-technologies   Instagram:   / kiosofttechnologies   Facebook:   / kiosofttechnologiesinc   Get Connected Join Laundromat Resource- https://laundromatresource.com/join Laundromat Resource Coaching- https://laundromatresource.com/coaching Laundromat Resource Courses- https://laundromatresource.com/laundr... Laundromat Resource Forums- https://laundromatresource.com/forums Diligence Capital Investments- https://diligencecapitalinvestments.com​ Laundromat Resource Events- https://laundromatresource.com/events Laundromat Investor Resources- https://laundromatresource.com/resources Laundromat Resource Blog- https://laundromatresource.com/blog​​​​​ Be a guest on the podcast!- https://laundromatresource.setmore.co... Laundromat Marketplace- Buy and Sell Laundromats for Free- https://laundromatmarketplace.com Social Media Instagram-   / laundromatresource   Facebook-   / thelaundromatresource   LinkedIn-   / laundromat-resource   Twitter- https://x.com/LaundryResource TikTok-   / laundromatresource   YouTube playlist links Podcast:    • Laundromat Resource Podcast   Business Mastery:    • Laundromat Business Mastery   Secret Sauce:    • Secret Sauce to Success With Laundromats   Pro Tips:    • Tips From Pros for New Laundromat Investors!   Recommended Resources:    • Podcast Guest Recommended Resources   Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links. Thank you for supporting the channel!