With increased spending in the Family Entertainment Center (FEC) industry, sales reached more than $28B in 2023. Guests expect, even demand, faster, easier, and safer ways to transact with FEC businesses, and this has paved the way for a huge uptick in the adoption of cashless payments. Your payment processor is critical because they handle transactions related to admissions, food and beverage sales, arcade games, and other activities offered within the center and can make or break guest experiences. Many FECs are adopting payment-ready technology to enhance customer experience and operational efficiency. This includes digital payment systems, interactive games with RFID technology, virtual reality experiences, and mobile apps for booking and loyalty programs. Effective and fully integrated payment processing is essential for the smooth operation and financial success of FEC’s, ensuring convenience for customers and operational efficiency for the business.
FecFin and AFS currently service thousands of FEC locations with millions of guests, by offering the industry’s only dedicated payment solutions. When it comes to handling credit card processing, integrating with your POS, game card systems, etc. there are no apples-to-apples comparisons here.
“In a sea of merchant services providers, we consider ourselves lucky to have found AFS. The team genuinely cares about our success. Since partnering with AFS our business has been able to scale and grow without limitations.”
FecFin – CEO Scott Heit
As an industry, location-based entertainment (LBE) experienced a big boom in business last year as parents sought out new types of experiences for their families to enjoy. Brand owners of all sizes capitalized by inking deals to install their properties into theme parks, live shows and retail activations. But there’s one type of attraction that incorporates elements of all these popular experiences into one convenient and scalable business: family entertainment centers (FECs). The market for these facilities is hotter than ever and the demand for fast, convenient and easy ways to pay is critical to exceptional guest experiences.
“Increased consumer participation and spending on recreational activities combined with growing investment in development of technical solutions makes this an ideal market for fintech’s. Our alignment with partners like FecFin and connections to industry systems are what support our wider vison for modernizing commerce in the FEC industry.”
Agile Financial Systems – CEO Timothy Hills
Agile Financial Systems is a US-based fintech company focused on integrated commerce, retail solutions and ecommerce for thousands of businesses processing billions of dollars annually. The company focuses on enhancing customer experiences through advanced technical solutions that support software applications, point of sale systems and ultimately our merchant customers.
FEC Financial Group (FECFIN) is the industry’s only dedicated merchant services company, providing payment, financial and route operations services nationwide. It is our mission to help operators have healthier business financials by saving money on credit card processing or any of our other services.