Technically, LED stands for Light-Emitting Diode. Basically, it’s a semiconductor that lights up when electricity passes through it. Electroluminescence. While the rise of LED lighting is a recent phenomenon, it was developed in the early 1960s along with computer technology. The first LED lights emitted infrared rays. Then they radiated the color red. Over the…
What’s the Difference Between ATM Transaction Fees and Surcharges?
There was a time when the only place an American consumer would see an Automatic Teller Machine (ATM) was outside a bank. As the ATM turns 50 this year, that’s no longer the case. Now people are likely to find ATMs nearly anywhere. And when they do, they’re certain to find fees to use…
What’s the Difference Between Beacon Technology, GPS and Geofencing?
New technology is changing the way convenience stores do business. But what does it all mean? By Erin Del Conte, Executive Editor As technology evolves c-store retailers are hearing terms like beacon technology, GPS and geofencing. But what are they and how are they different? And, more importantly, how can they help your c-store business?…
What Is Beacon Technology and How Does it Relate to IoT?
With technology evolving rapidly, it’s important for c-store retailers to stay up to date on the latest tech terms impacting convenience stores. Today, we break down the basics beacon technology and the Internet of Things. By Erin Del Conte, Senior Editor Beacon technology and Internet of Things are popular terms now more frequently infiltrating c-store…