The Standard Contactless Timer is the first in a range of contactless payment timers to be introduced by LCI. With no need to collect cash, the Standard Contactless Timer allows payment to be made via debit or credit card, as well as Apple, Android, or Samsung Pay. Programmable Smart Payment Cards can also be issued if desired to provide prepaid or free-vend sessions. The Standard Contactless Timer is an accumulative timer where each additional contactless payment will add the programmed time to any time remaining. It is fitted with a digital display to show the remaining credit. Time per payment can be set in either minutes or seconds with a range from 1 to 127. The case is made from powder coated zintec steel and it has a power consumption of approximately 10W (at 230V AC). The contactless card reader requires either a mobile phone signal or an ethernet connection. The payment system is managed by Nayax Ltd, a multinational provider of financial services. There is a monthly fee of £10.00 per month payable direct to Nayax Ltd. This covers SIM, data usage, updates, support and 24/7 access to the Nayax DCS portal for reports, machine management and use of Nayax APP's for consumer promotions and engagements. There is also a fee of 2.95% per transaction. All transaction payments are paid directly in to the operator's bank account by Nayax Ltd on a monthly basis, less all fees.
