About Us
Originally founded in 1959 and then incorporated in 1968, Setomatic Systems has been a leader in payment technology and innovation for more than five decades. With a solid history of dependability, reliability, and longevity, Setomatic Systems is your obvious choice.
Located in Boca Raton, FL, Setomatic Systems has positioned itself as an industry leader for decades to come. Our modern 15,000-square-foot manufacturing, design, and distribution facility is at the heart of our operation.
Now in its third generation, this family-owned-and-operated business continues its tradition of design excellence. Our “hands-on” approach has enabled us to fully understand industry trends as they emerge and to adapt to them through innovation and cutting-edge technology as those trends change. For example, well before any self-serve industry accepted credit cards, we introduced the first credit card readers to the laundry market in 1995.
A History of Innovation
For the first two decades, all of our products were either mechanical or electro-mechanical. That all changed in 1976. It was in that year when we introduced card technology to the coin laundry industry. A year later, we brought to the market the first central control meters that used magnetically encoded cards; and by 1983, we were fully embarked on a program of electronic, cutting-edge payment products. By the early 1990s, our electronics were factory-installed by more coin-operated laundry appliance manufacturers than any other supplier of payment electronics.
Then in 1995, we introduced our proprietary ChipCash™ System, a multi-card kit for the vending and laundry industry. This system enabled us to convert any single machine to operate with coins, credit/debit cards, smart cards, or any combination of the above. This unique multi-platform, modular design system allowed the owner to add features by just plugging in the appropriate peripheral.
In 2007, identifying a changing market, Setomatic Systems set out yet again to redefine the way payment was accepted in the markets it served and started on the development of its most advanced product to date, SpyderWash®. In 2009, we introduced the SpyderWash System at the Clean Show in New Orleans. In August 2012, Planet Laundry magazine named Setomatic Systems as that year’s industry leader for “changing the face of today’s self-service laundry industry.”
A West Side Story
In 1998, we were chosen to partner with Mondex (Mastercard), Visa, Chase Bank, and Citibank for the development of unattended laundry and vending terminals. These certified open-end terminals were deployed in a joint rollout in New York City’s Upper West Side.
See The New York Times article: https://www.nytimes.com/1996/12/05/business/mastercard-s-smart-card-builds-support.html
OEMs (Original Equipment Manufacturers)
Over the years, Setomatic Systems has manufactured electronic meters that have been factory-installed by companies such as:
