Abstract: A vending having a vending machine controller for calculating credit acceptance, calculating credit return, signaling product dispensing, displaying information on a display, monitoring environmental conditions, and controlling lighting. Coin and bill acceptors are also included that receive and validate coins and bills and, optionally, pay coins and bills back as change. A product dispenser vends product in response to a signal from the vending machine controller. A cashless payment device reads a customer's cashless payment device and transmits the cashless payment information to the vending machine controller. Finally, the vending machine controller includes a network interface controller for communicating information about the customer's cashless payment device across a network and for receiving information about whether the cashless payment device is valid for making a purchase from the vending machine.