News

AVT develops video game-redemption kiosk

October 31, 2010

Corona, Calif.-based AVT Inc. announced it had developed a self-serve kiosk that allows consumers to "sell" their used video games for instant on-the-spot cash or credit.

Using proprietary software and technology developed in-house by the AVT engineering team, the new kiosks utilize a continuously-updated web-based database to give consumers the highest possible price for their games, based on current values, and supply and demand, according to AVT. The company expects the new units to start shipping in first quarter of 2011.

The customer places the disk into the kiosk, and the system then scans the disk for flaws, condition, type and piracy, and then offers a price to "purchase" the game. The customer can elect to receive either cash or a credit to his credit or debit card.

AVT is a provider of technology-based automated retailing systems, ranging from small kiosks to large automated environments that can enhance or replace book stores, cosmetic counters and gift shops.