Self service purchase (vending concept)

Recently theishare has launched digital locks. Anyone can convert lockers /cabinets into vending lockers /boxes.

iShare lock : https://theishare.com/product/ishare-smart-cabinet-lock-self-service-commerce/

How does it work ?

  • Business owners upgrade/install iShare locks in their cabinets/lockers.
  • Register locks in their business profile. 
  • Set a price on each locker based on their type. 
  • These boxes are live. 

As there is NO need of electricity or wi-fi needed in these lockers so these can be placed anywhere. 

Consumers scan QR code , make a transaction and upon successful transaction, the box will be opened and the consumer can pick all items stored in the box. Transactions usually takes 15 seconds. 

 Merchants can offer package deals like weekly grocery packages, daily healthy diet etc and consumers can buy and pick these things in 15 seconds anytime as this service is available 24×7 instead of spending time in picking up, and staying in queue to pay at cash registers.