VendTek Systems Inc.
Company Information

VendTek Systems Inc. Company Profile

VendTek offers a fresh take on prepaid. The company's eFresh softwar enables retail customers to buy prepaid wireless and long-distance phone service and reloadable debit cards through point-of-sale terminals and vending machines. Its software uses voucher or PIN numbers in place of the card, reducing the need for inventory in the retail store. Its Now Prepay division uses eFresh software to sell prepaid phone service through retail partners. VendTek sells to retailers, distributors, and service providers, focusing on the telecom and financial services markets. Customers have included Bank of America, Canada Post, Qwest, and Visa International. Privinvest Holding owns about one-quarter of the company.