Coinless Laundry Systems
If you are a multifamily rental property owner looking for an organic way to increase your revenue while offering your residents a self-service laundry option that provides them with a safe, convenient laundry experience, a coinless laundry system may be exactly what you need. While coin operated laundry systems have been the traditional choice for self-service laundry rooms, coinless laundry technology has revolutionized the laundry industry in recent years, providing residents and owners with a number of benefits that may make this equipment a more appealing option in certain laundry room situations. Coinless laundry systems eliminate the need for residents to carry any cash at all, since laundry cycles are paid for with the swipe of a smartcard. This cashless convenience helps to create a safer laundry experience since there are no coin boxes or resident cash reserves to tempt thieves.
Coinless laundry systems use smartcard technology for their payment system. Enhanced security is not the only advantage offered by coinless laundry systems; these technologically-advanced laundry machines offer a wide range of positive benefits for tenants and residents that includes:
Improved Reliability
With coin operated washers and dryers, residents pay for their laundry cycles using coin slides which can jam or break, leaving the laundry machines out of order until repairs can be made or replacement slides can be installed. Smart card laundry machines have no moving parts on their payment systems, so your residents can enjoy the uninterrupted service of all the laundry machines.
Increased Revenue
Smartcard technology makes it easy for owners to implement premium pricing schedules, changing prices according to time of day, days of the week, and times of peak laundry usage. Owners can easily make small, frequent incremental price increases that are readily accepted by residents who would object to a 25-cent jump in laundry prices.
Enhanced Security
Tenants are sometimes tempted to use slugs and foreign coins to steal laundry cycles when their laundry rooms use coin operated laundry equipment. Some unscrupulous criminals even go so far as to detach entire coin boxes from the washers and dryers so they can steal the cash. When you use card operated laundry equipment, there are no coin boxes to steal, and residents are required to pay for all their laundry cycles, which are directly debited from their smartcards.
Convenient Laundry Experience
Tenants appreciate the cashless convenience of coinless laundry systems; there is no need to carry around coins or dig for change, and no need to use coin slides that can jam or break. Paying for laundry cycles is a breeze; residents load value onto their smartcard time using cash, credit cards, or debit cards, and just swipe their card to pay for laundry cycles. Property owners appreciate the convenience of the cashless laundry payment system as there are no coins to collect, no need to count and roll change, no need to haul the coins to a bank to make deposits, and there is an audit trail they can use to reconcile their revenue!
Commercial Laundries carries a wide selection of commercial washers and dryers that can be outfitted with your choice of coinless or coin operated payment systems. We offer flexible purchasing and leasing options, along with expert laundry room design services to help you create the laundry room solution that best fits your property and the laundry needs of your tenants.
Contact Commercial Laundries today at 305-592-7990 to start enjoying the cashless convenience offered by coinless laundry systems at your rental property today!
Frequently Asked Questions
Have Questions? We Have Answers
A coinless laundry system lets residents pay for laundry cycles with the swipe of a smartcard instead of coins or cash. It has revolutionized self-service laundry rooms in multi-family properties by removing the need for residents to carry change. The system uses smartcard technology for payment, which brings benefits for both residents and property owners. For many buildings, it is a more convenient and secure alternative to traditional coin machines.
Residents load value onto their smartcard using cash, credit cards, or debit cards, then simply swipe the card at the machine to pay for a cycle. There are no coin slides to fumble with, so paying for laundry is quick and easy. On the management side, all transactions are tracked electronically, giving you an audit trail to reconcile revenue. It is a streamlined experience for residents and owners alike.
Yes. Coinless systems eliminate the need for residents to carry cash, and there are no coin boxes or resident cash reserves on site to tempt thieves. Removing physical currency from the laundry room reduces a common reason for break-ins and vandalism. This enhanced security is one of the main reasons property owners make the switch. A safer laundry room is a better experience for everyone in the building.
Yes. Smartcard technology makes it easy to implement premium pricing, adjusting rates by time of day, day of the week, or peak usage periods. You can also make small, frequent incremental price increases that residents accept far more readily than a sudden twenty-five-cent jump. This pricing flexibility helps your laundry room generate more revenue over time. We can help you set up a pricing strategy that works for your property.
They tend to be, because smartcard payment systems have no moving parts, unlike coin slides that can jam or break and leave a machine out of order. Fewer mechanical failure points mean your residents enjoy more uninterrupted service. That reliability reduces service calls and keeps the revenue flowing. It is a meaningful advantage in a busy shared laundry room.
For owners, coinless systems remove the burden of collecting coins, counting and rolling change, and hauling deposits to the bank. You also gain an audit trail you can use to reconcile your revenue with confidence. Combined with fewer service calls and easier pricing adjustments, this saves both time and money. It turns your laundry room into a lower-maintenance, more profitable amenity.
Many do, because there is no need to carry coins, dig for change, or deal with coin slides that jam or break. Residents load value onto a smartcard and simply swipe to start a cycle, which fits the cashless habits of modern tenants. That convenience improves the resident experience and can make your property more appealing. Happier residents are a quiet but real benefit of upgrading.
Yes. Commercial Laundries carries a wide selection of commercial washers and dryers that can be outfitted with your choice of coinless or coin-operated payment systems. This lets you match the payment method to your residents and your management style. Some properties even run both to give residents options. Our team can help you decide which approach fits your building.
Yes. We offer flexible purchasing and leasing options for coinless laundry equipment, so you can choose the path that fits your budget. Leasing spreads the cost and typically includes maintenance support, while purchasing gives you full ownership. Either way, you can modernize your laundry room with smartcard technology. Contact us to compare the options for your property.
Yes. Along with equipment, we provide expert laundry room design services to help you create the solution that best fits your property. Thoughtful design maximizes capacity, improves the resident experience, and makes the space easier to manage. Whether you are building a new laundry room or upgrading an existing one, we can help you plan the layout. Reach out to start designing a laundry room that works for your building.