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Cash at Kiosks = Convenience

Today, in almost every walk of life, we see the rise of self-service kiosks. The evolution toward self-service has been in the works for several years, but the coronavirus pandemic has accelerated the trend. For retail, technology has opened up self-service opportunities in multiple shopping experience areas, from ordering to customizing to paying. Automated cash at kiosks can now handle many points along the transaction chain accurately and efficiently. For brick-and-mortar stores to survive the pandemic and beyond, they must incorporate new technology and change the customer mindset about the retail experience. The customer experience has never been more critical than it is today.

SELF SERVICE TREND

Even before the pandemic, retailers were expanding self-service options. Younger customers were the first to embrace anything automated, but many older customers still preferred in-person transactions. After nearly a year of living under a cloud of COVID19, most of the public has grown comfortable with automated processes. We now see many people seek out automation and actively avoid any personal contact when making purchases. Many customers enjoy the self-service experience so much that it influences where they choose to shop. Instead of relying on a store employee, customers can get almost everything they need from a kiosk. Automated cash at kiosks enhance the retail experience by:

  • Wayfinding
  • Price check/product lookup
  • Product upsell or customization
  • Special Promotions
  • Bridal & Gift Registry
  • Self-Checkout

CUSTOMER AND EMPLOYEE SAFETY

The reduction of touchpoints and heightened awareness about hygiene is likely here to stay. Conditioned customers recognize safety measures when they enter a store to the time they leave the premises. Retailers must make every effort to show customers that sanitization protocols are being followed throughout the establishment.

There are several things that a retailer can do to show their efforts and make a positive impression on health-conscious customers. One solution is installing automated cash handling kiosks to eliminate the exchange of bills and coins between customers and workers. Although the risk of contracting an illness from touching money is minimal, the desire for hygiene is strong. Customer-facing cash payment kiosks allow buyers to pay with bills and coins without interacting with a cashier. The money is counted, sorted, and stored securely in the unit and does not need people to handle it. Traditional self-checkout solutions tend to be rigid in format and force retailers to deploy them with limited application. Self-serve kiosks with full cash recycling capability can be deployed almost anywhere in the store to allow customers better checkout experiences.

CUSTOMER LOYALTY

In many retail establishments, cash customers have to interact with a cashier, while card or app-paying customers enjoy a seamless experience. As a result, cash-paying customers are penalized with a longer transaction experience. Longer lines and forced contact with employees can make in-person shopping unpleasant for cash customers. This is most evident today in the Quick Serve Restaurant (QSR) / Fast Food segment, where self-serve kiosks are being deployed extensively. However, very few allow cash-paying customers a complete end-to-end transaction experience. Customer-facing kiosks that can manage cash and coin payments are fast, accurate, and efficient regardless of payment choice. Cash customers will return to a store or kiosk that can take their payment without added hassle. The result is repeat business and increased loyalty among this segment of customers.

SECURITY AND VISIBILITY

Complete payment kiosks offer retailers added security and visibility. The machines are unloaded and replenished by a designated employee, which dramatically decreases the number of touchpoints and people handling the cash. This also eliminates human error and the opportunity for employee theft. Retailers reduce shrink and increase profits. The technology included in cash-handling kiosks also allows real-time visibility of cash totals and simple integration and eliminates manual till reconciliation.

The brick-and-mortar stores that make it through this difficult period will be the ones that address the needs of our new normal while still fulfilling the desire for an in-person shopping experience. Self-service kiosks offer an innovative and long-term solution to bridge the divide between online and in-person shopping. They need to service ALL customers.

WEBINAR – REIMAGINE THE RETAIL PAYMENT EXPERIENCE

Learn more about how you can reimagine the retail experience with cash at kiosks at our upcoming webinar with ATMIA on Dec. 2.

The COVID-19 pandemic has altered many aspects of brick and mortar retail businesses. Some immediate and noticeable changes have been in-store layout, sanitization protocols, customer distancing, and payment options. 

Join Vik Devjee on December 2nd at 11:00 CST to learn how you can reimagine the retail payment experience and how cash payments can be just as easy as a card payment!

What you will learn and objectives:

  • How to challenge the meaning of cash payments at the point of sale (POS) and how to manage cash differently in a retail store
  • Cash payments at (POS) no longer need to be so manual.  There is a better way
  • How consumers who pay in cash can enjoy the same “touchless”  and hygienic benefits as those that pay by card or phone
  • How to give all customers the same experience regardless of how they pay
  • How to challenge the meaning of self-checkout…does it really have to be at the front of the store and in its current format?
  • How cash handling can become more secure and less risky in a retail environment with new automated and secure consumer-facing solutions at the point of transaction
  • How staff can become more productive and more comfortable when they don’t need to manage cash manually

Reimagine The Retail Payment Experience

The COVID-19 pandemic has altered many aspects of brick and mortar retail businesses. Some immediate and noticeable changes have been in-store layout, sanitization protocols, customer distancing, and payment options. Even after the pandemic passes, and shoppers return to their favorite retail outlets, many of these changes may remain. Some savvy retailers are taking this opportunity to reimagine the retail experience – particularly when accepting and processing payments. Here are some changes we may see in the near future:

Capturing cash sales

No business wants to turn away revenue. To survive the uncertain economic climate, retailers must try to accommodate all payment options, including physical cash.
During the pandemic, we saw an acceleration of touchless credit/debit card payments. However, cash payments are still primarily handled by hand. Cash-paying customers are sometimes directed to a different line for manual processing, which consumes time and labor and may ultimately result in unhappy customers and lost sales.

What if customers, employees, and retailers could enjoy the same touchless experience with cash transactions? Workers would not have to handle cash, thus reducing shrink, error, and saving time. Implementing customer-facing cash payment solutions allows buyers to complete their purchase smoothly. No more being turned away or shuttled to a different line!

Location, Location Location

The current, nearly universal shopping experience involves wandering around to find items and then returning to the store’s front to wait in long checkout lines. What if you need a bottle of shampoo from the toiletries department? Many buyers are discouraged when they arrive at the payment line to find that they must wait with the crowd to make their small purchase. Abandoned items and baskets are a common sight at the front of the store.
By placing payment kiosks at strategic locations throughout the store, retailers can capture more sales and impulse buys. Payment kiosks with cash recycling capability throughout the store allow for better social distancing and less stressful experience for both the customer and the employees.

Efficiency and Security

Retailers know that each form of payment comes with its associated risks and costs. There is the cost of handling, managing, and transporting actual notes and coins for traditional teller-managed cash payments. There is also the concern of employee error and shrink. A fully automated, customer-facing cash payment solution at POS can eliminate many of these concerns by securing the cash, authenticating the notes, reporting the exact intake amounts, and even recycling the money. Current technology even enables real-time sales figures from all payment terminals.

Hygiene Concerns

In a post-pandemic environment, hygiene will still be top-of-mind for most consumers. Retailers must reduce touchpoints and sanitize surfaces. Payment kiosks and INLANE cash handling solutions can reduce the physical interaction between store employees, payment mediums, and customers. The kiosk surfaces can also be sanitized to reduce the risk of virus transmission.

 

 

At CIMA, not only do we create innovative cash solutions, but we want to challenge the status quo of the retail payment process. We work with retailers to create a better customer and worker experience around cash transactions. CIMA’s INLANE and Kiosk Series is a line of consumer-facing note and coin recycling solutions designed for Point of Sale (POS). Customers pay notes and coins directly into the machines, which count, store, and dispense change. Whether you are looking for an entry-level unit or a full self-service kiosk, CIMA has the right machine for your needs:

INLANE 300 is an entry-level compact unit designed for smaller retail environments.

INLANE300 DEPO is designed for low to medium cash volumes. It features both recycling and surplus coin/note management.

INLANE600 DEPO is ideal for small to medium retail environments. The unit features both recycling and surplus coin/note management.

CASH@KIOSK300 / DEPO is a self-service kiosk for self-ordering and self-checkout environments. Consumers self-scan or self-select items to order/purchase and pay notes and coins directly into the machine. The unit features both recycling and surplus coin/note management.

CIMA Launches the AST9000

CIMA debuts its most advanced Teller Cash Recycler, the AST9000

CIMA Cash Handling America has launched the AST9000, the most advanced, high-capacity teller cash recycler (TCR) in its popular family of products for the Retail Banking market. In addition to increased capacity, the AST9000 is also the industry’s most highly configurable TCR. Increased capacity and flexible configuration options address the current and future cash handling demands of financial institutions. The AST9000 joins the CIMA lineup of TCRs, which includes the AST7000 and the AST7016.

“With the introduction of the AST9000, we can now offer a full range of solutions for any volume of cash handling,” says Vik Devjee, Vice President of CIMA Cash Handling America, Inc. “The AST9000 was primarily developed for the retail banking market. However, it is also a perfect fit for high-volume enterprises in retail or hospitality.  AST9000 is also used in combination with our coin recyclers for a complete, high-capacity back-office Diamante and Diamante Pro cash recycling solution,” explains Vik.

Form and Function

The AST9000 contains the most advanced recognition and authentication technologies that make banking transactions faster and more secure. The unit’s exterior design features a compact size and a modern look. The AST9000 is a TCR solution that complements any bank branch, whether it’s an open layout or behind-the-teller format.

“We’re always looking for ways to provide our customers with the best technology as well as machines that actually look good. The AST9000 delivers both,” says Vik. “Many banks plan to transform their branch layout to be more open and consumer-friendly. Our new generation of TCRs doesn’t have to be hidden behind counters or in back rooms.”

About the AST9000 TCR

The AST9000 is a cassette-based, cash-in cash-out, TCR. The system offers 20 possible configurations – more than any other product on the market today. Each customer can customize the configuration based on their specific cash handling needs. The AST9000 accepts, authenticates, stores, and dispenses banknotes through a high-capacity input/output/reject slot. Recycling and storage are carried out via five cassettes with a range of flexible options and features:

  • Single denomination recycling cassette
  • Dual denomination recycling cassette
  • Deposit / Overflow cassette
  • Self-auditing
  • Escrow
  • Rejects

Banknote detection is done by a validator that can detect authenticity and conduct banknote fitness sorting. Both scenarios comply with the regulations of all major global central banks. View our video below to view the AST9000 TCR in action.

Software

“We are very excited that Compuflex worked with our engineering team in Italy to integrate the AST9000 into their BranchWare platform. Our distribution partners can take the AST9000 to market and immediately implement the unit in banking environments that utilize BranchWare,” says Vik.

BranchWare provides a quick and affordable way to connect cash recyclers to existing teller applications. It automatically extracts pertinent information from the withdrawal screen and inserts the information into the deposit screen using Compuflex’ state-of-the-art screen management engine.

Mark Farrelly, Chief Operating Officer of Compuflex, states, “We are pleased that the Compuflex and CIMA teams collaborated to ensure BranchWare, our flagship soft integration solution already used by hundreds of banks, credit unions and retailers, supports all features of the AST9000. The combined solution brings exceptional value to end-users looking to automate and optimize their cash processes quickly. Having worked with CIMA devices for more than a decade, we understand the quality of their product and their reputation in the cash automation industry. Compuflex is excited for the launch of BranchWare for the AST9000 and is looking forward to continuing to work closely with CIMA and their resellers.”

Return on Investment

Financial institutions want the best return on their branch investments. Bank customers are seeking a better in-person experience. The AST9000 answers these demands by enabling more transactions, offering cash-handling savings, and freeing tellers to focus on higher-value activities. Cash automation solutions like the AST9000 can deliver operational efficiencies and productivity benefits from the moment of installation.

Purchasing information

The AST9000 is immediately available for pre-order. CIMA partners understand that one size does not fit all. They will work closely with customers to recommend the appropriate configurations for their specific needs.  All CIMA partners are fully trained and certified to deploy and support all of our TCRs.

About CIMA

CIMA is a global manufacturer of cash handling solutions that help businesses significantly reduce the cost of managing cash. We supply a broad range of smart safes, back office/front of store recycling systems and software for Banking/Financial, Retail, Hospitality, and Gaming. At CIMA, we believe that ANY size business can reap the benefits of cash automation. Contact us today for a consultation or view our full line of products here.

https://www.cima-america.com

About Compuflex

Compuflex Corporation, an independent, privately-owned, cash handling solution provider, has been successfully providing cash handling solutions for over 30 years. Compuflex delivers solutions that address cash management, automation delivery, and currency tracking for financial, retail, and gaming markets both nationally and internationally.

https://compuflexcorp.com

Self-Sealing Stacking Bag Technology

CIMA USA, a global manufacturer of cash handling solutions, has seen a recent surge of interest in our self-sealing stacking bag technology.

Our range of smart safes and cash recycling systems stack and then seal notes in a secure plastic bag inside the machine. This innovative process eliminates traditional cassettes that require manual processing at the customer site.Vik Devjee, Vice President of CIMA Cash Handling America, shared his observations as stay-at-home orders gradually lifted across the U.S. “Companies and retailers are cautiously reopening their businesses after the COVID-19 shut-down. There is an intense focus on hygiene, particularly around the handling of money. That has led to very high interest not only in our cash handling machines but in the solutions that incorporate the stacking bag technology in particular.“We are seeing significant interest from cash in transit (CIT) companies, who traditionally place smart safes or recyclers at their retail customer locations,” says Vik. “Stacking bag technology is facilitating more notes per pickup and a much faster pickup turnaround. CIT’s are telling us notes are easier to manage back at the depot too.”CIMA’s self-sealing stacking bag system launched in 2014 with a primary focus on security, efficiency, and ease of use. The self-sealing system reduces the possibility of human error or shrink. It also streamlines the CIT process, saving time and labor. The smart safes can accept bundles of notes and process them at a rate of six notes per second. The sealed bag is ready to be transported once removed from the machine, and the bag swap-over process, which can be done by internal staff, is quick. That means the CIT guard can simply arrive, pickup, and leave.“In traditional cash recyclers or smart safes, there is a lot of handling and touching of money and components,” Vik explains. “The cash cassettes need to be opened. The cash must be removed and then bundled. Finally, it must be packed into secure transport bags while another employee supervises. That’s a lot of contact, not to mention the time and human resources. On top of that, cassettes are bulky, expensive, and prone to breakage.”Businesses that are reopening face significant challenges, including reduced staff and razor-thin margins. With concerns still elevated about COVID-19, retailers and managers are looking for solutions incorporating hygiene and sanitation while maximizing returns on investments. CIMA cash recyclers and smart safes with SSSB technology can address many of these issues for cash-intensive businesses.“I strongly believe that cash will still be a significant part of the economy,” Vik says. “There are millions of underbanked or unbanked consumers who transact in notes and coins. Shutting them out of the economic recovery would be a mistake. This system is the perfect choice for retailers of any size who want to provide safety and automation for their customers and staff in a post-COVID-19 world.”

Secure Cash & Transport Assoc. Member Spotlight – Vik Devjee

We are pleased to feature SCTA member, CIMA Cash Handling America Inc., and its Vice President, Vik Devjee, in this month’s member spotlight.

Q: How does your company work within the cash industry? 

A: CIMA Cash Handling America Inc. is the wholly-owned US subsidiary of CIMA S.p.A. (Italy). CIMA is a global manufacturer of cash handling solutions that help businesses significantly reduce the cost of managing cash. We supply a broad range of smart safes, back office/front of store recycling systems, and software to businesses across banking/financial institutions, retail, hospitality, and gaming.

Q: What is the one thing you want other SCTA member organizations to know about your company? 

A: We manufacture a broad range of cash automation, fit-for-purpose solutions that align with any specified requirements. We do not believe in a one-size-fits-all approach, and that’s why we have the industry’s most diverse range of cash handling solutions.

Q: What drew your organization to become a member of the SCTA? 

A: The networking opportunity to become better connected to key industry players in the cash industry. Last year’s conference was my first SCTA conference, and it certainly validated the diversity of the audience from end-users, to vendors, to industry alliances.

Q: What are the biggest changes you expect in the future of the cash industry? Why? 

A: At a high level, I see much greater investment across all segments in the automation of cash and across all technology categories (TCRs, smart safes, back-office recyclers, consumer-facing recyclers). The cost of technology has come down, greater competition, and increased labor costs are all drivers towards a faster ROI and greater adoption of solutions.

Q: What is an exciting development in the industry you’ve recently seen? What excites you about it? 

A: I truly believe there will be a significant shift towards consumer-facing cash handling applications with automating the cash payment process at the point-of-sale (traditional lane or self-service kiosk). Traditional methods of automating the cash handling process and the transportation of cash will be challenged due to COVID-19 and the increased costs of managing cash. Staff/customer safety and automation will be top of mind for businesses.

Q: What are the biggest challenges the cash industry will face in the next 1-3 years? Why? 

A: I think the ongoing battle of cash vs. cashless will continue. I strongly believe more states will impose restrictions on retail businesses that refuse to accept cash. However, cash as a payment instrument will continue to face more pressure as other platforms enter the market, and existing digital ones mature. As a result, reducing the cost of managing cash for businesses will be more important over the next 3 years and so we will certainly see increased spend.

Retail Cash Management in a Coronavirus World

With the onset of coronavirus nationally, concerns around safe and hygienic retail cash management have become a concern. CIMA America offers solutions that are safe and hygienic and can also save you time and money. 

The rapid spread of the coronavirus has brought the world economy to a grinding halt. Every facet of commerce, from the multimillion-dollar transaction to the simple act of grocery shopping, has been altered. Early reports that paper money could harbor the virus spurred many retailers to demand digital or card payments. Not only has that claim been debunked by the experts, but refusing cash payments hurts millions of Americans without bank accounts or access to credit or debit cards. According to the World Health Organization, the danger is minimal. The risk posed by handling a paper note or coin is less than touching other common surfaces. Doorknobs, elevator buttons, handrails, or credit cards are just as likely to retain viral matter. Vigilant hand washing after touching any foreign surface or object is still the best defense against transmission.

Despite some negative perceptions, paper notes and coins will continue to be a significant part of the U.S. economy. Consumers withdrew large amounts of cash at the outset of the pandemic because it represented tangible value. According to the Federal Reserve, cash accounts for:

49% of all payments under $10
42% of payments less than $25
32% of all purchases

After weeks of lockdown, people have been conditioned to maintain their distance and touch as few surfaces as possible. This behavior is likely to resurface during annual flu seasons. In response to this new mindset, business entities and retailers must consider implementing immediate measures that address concerns and behavior about retail cash management. Retailers need to make their customers and workers more comfortable by minimizing the contact points between people and cash. Automation solutions are immediately available, and the benefits go well beyond hygiene and health.

Smart safes are the most widely deployed cash management solution in the market today. They provide a low-cost answer to securing cash in a retail environment. These solutions only offer cash depositing and are not designed to dispense money out. Nevertheless, they do offer retailers the ability to secure cash soon after it has been collected.

Cash recyclers were historically only used by larger retailers with very high cash volumes. Now, cash recyclers are available in a range of models and are customizable to almost any size business. The benefits are immediate:

  • Eliminate multiple touchpoints – In a manual process, notes and coins must go through multiple hand-to-hand exchanges between cashiers, cash office staff, and management. Receiving notes and coins directly from the recycler for floats and then depositing end of shift funds means that fewer people need to handle the money.
  • Reclaim valuable labor – Counting money in the cash room requires trusted employees and managers to step away from customer-centered activities to count manually, recount, and prepare floats or reconcile end of shift funds. A cash recycler automates and speeds this process. It takes fewer employees less time to complete this task. Workers can focus on more important things, such as replenishing stock or serving customers.
  • Reduce errors and shrink – Automation can eliminate human error and theft. Businesses keep more of the money they earn.

Traditionally, cash cassettes inside a smart safe or cash recycler need to be opened, cash removed, and sometimes bundled and then packed into secure transport bags. Newer smart safes and recyclers from CIMA incorporate self-sealing stacking bag technology that eliminates the need for cassettes to be manually “decashed”. Notes are sealed in a secure plastic bag inside the safe and ready to be transported when removed.  No exposed cash, no need for someone to remain in the cash room longer than just a quick pick up.

  • POS Cash Recyclers are fully automated, customer-facing teller stations used in a wide range of businesses. These cash recyclers can be used as staff-assisted devices, or as self-service kiosks.
  • A clean solution where hygiene is essential – Cash is paid directly into the recycler, and change is dispensed directly to the customer. The machine itself can be wiped down and disinfected.
  • Reduced labor costs – Fewer staff are required to process payments. The employees can spend time on customer service activities or other business tasks.
    Increased security – Cash is collected, recorded, accounted for, and secured in the recycler until ready for transport by CIT service.

CIMA America | COVID-19 Special Announcement

At CIMA America, our first priority is the health and safety of our employees, clients, and business partners. At this time, we continue to monitor the Coronavirus (COVID-19) Pandemic closely.

Our CIMA America team is taking all necessary precautions to conduct and maintain business-as-usual during this time while working remotely as we are closely following guidelines set forth by national and local government agencies. We will continue to operate at the same level of responsiveness and customer service that our customers and partners are used to receiving.

We will continue to monitor the COVID-19 Pandemic closely and in the interim, if we can be of assistance, please contact Vik Devjee at (832) 974-4820 or email vik@cima-america.com or through our website: Contact Us

We are grateful for your continued confidence in CIMA America.

Additional Resources:
World Health Organization (WHO)
Center for Disease Control (CDC)

ATMIA US Conference 2020 – What You Missed

By Vik Devjee

ATMIA US Conference 2020 was held in February 2020 in Houston, TX and was interesting and intriguing. We had a preview of the market and industry, as seen by leaders and innovators in the ATM space, banks and financial institutions, independent ATM deployers (IADs), and service providers. We also met with payment leaders, talked about cryptocurrency and bitcoin, and looked at innovations and discussed disruptive ideas that bode well for our industry. Software solutions innovators continue to impress with their farsighted view of the industry in the transition to the future of payments but remaining grounded to the oldest and most popular payment: CASH. Above all, we heard from all these industry innovators that cash is here to stay, and the future demand for safe and secure cash management is strong and getting stronger.

CIMA seemed to resonate with several consumer-serving companies (IADs, banks, cash service providers) when the conversation turned to interactive customer systems. The discussions covered streamlining customer transactions, including multiple means of payment, such as cash or card, and minimize the exposure of cash to employee handling. The industry wants very much to consolidate cash services to the consumer. Combining the most basic ATM functions with payment processing needs were broadly discussed. Innovations such as “cardless” transactions were discussed in addition to conversations exploring alternative means of delivering the tried and dependable services that were shared.

It was clear to us over the two and a half days of exhibit hall and conference presentations that delivery of services is going well beyond the traditional ATM for which this Association and Conference provide. Whether it is ATM services or bill payments, self-service ordering, or information sharing, the market wants to interact directly with the customer and offer them a means of quick, safe, and secure delivery of cash, services, and goods. Our conversations around CIMA’s Cash@Kiosk product were quite well-received, with requests for more information as it becomes available.

The focus of the conference was on ATMs and their place in the market. Speakers from around the country addressed needs such as outsourcing, connectivity, fraud prevention, future designs and innovations, and how consumers use cash, to name a few. All these insights help guide and structure the road map for future development and innovation in the cash management space. Perhaps most informative were discussions around the legislative initiatives being undertaken, especially at the federal level, to ensure fair and comprehensive reviews of current and pending bills before congress that will affect our industry.

The state of the industry is excellent. Despite the growth of alternative payments like bitcoin or another cryptocurrency, the demand for handling our most basic payment process, that is, cash, safely and securely, is foremost on the minds of the industry. At ATMIA and the US 2020 Conference, CIMA was able to introduce new ideas, new products, and new opportunities for organizations and individuals that have long been in the cash management and delivery business with the introduction of our new In-Lane Solutions and Cash@Kiosk. Thanks for coming by, spending time getting to know us, and giving us a chance to get to know you. The state of the industry is excellent. The future is bright. And CIMA is privileged to be a part of it.

Visit CIMA at NRF 2020 in Booth 5943

Once again, CIMA is a sponsor and will be exhibiting its world-leading cash handling solutions at NRF 2020, Retail’s Big Show in New York City from January 12-14, 2020.  Held at the Javits Center, NRF 2020 is expected to attract over 40,000 visitors from around the world.  This premier global event for anyone connected to the Retail industry showcases some of the most innovative retail technology and solutions the world has to offer.  CIMA has been a proud sponsor of NRF for several years.  This year will showcase our biggest presence to date and introduce some of the newest and most advanced cash handling solutions the industry has to offer.  Our range of smart safes and back-office cash recycling solutions for any retail application will be on display.  Even more exciting this year, we launch our range of INLANE CASH@POS and CASH@KIOSK solutions.  We cannot wait to demonstrate how retailers can allow consumers to pay into an automated cash payment device at the point of sale or at a self-ordering kiosk making the process of managing cash in store more secure and efficient.  Ultimately, our goal is to continue to deliver solutions that help Retailers REDUCE THE COST OF MANAGING CASH.

Reduce the Cost of Managing Cash

SMART SAFES

Our note deposit solutions incorporate our innovative self-sealing stacking bag technology that eliminates the need for cassettes. This saves CIT time-on-site and eliminates costs due to cassette repairs and replacements. CIT note processing time back at the depot is also significantly reduced. We will also showcase our bulk coin deposit solution allowing for a complete note and coin deposit combination.

CASH RECYCLING SOLUTIONS

The world of “one size fits all” is over. Stop by for a demo of our “fit-for-purpose” retail back-office cash recycling solutions and see our unique approach to delivering solutions that are aligned to store requirements. This means lower overall investment and a significantly faster ROI. If you or your client is a grocery, department store or DIY retailer, regardless of size, be sure to visit our booth to see how we can help reduce the cost of managing cash.

CASH@POS – INLANE CASH RECYCLING

We are excited to launch the industry’s most comprehensive range of mini cash recycling solutions designed to automate cash payments at the point of sale (POS). See how customers can pay into our recyclers and receive change without handing money to the operator. This reduces cash shrink and eliminates the need for managing cash manually at POS. CASH@POS is ideal for convenience retail, cafés, fast food/QSR, bakery or pharmacy.

CASH@KIOSK – CASH ENABLED SELF ORDERING / BILL PAYMENT KIOSK

QSR / fast food outlets can now take cash payments and dispense change at the point of transaction thanks to our kiosks with a fully integrated note and coin recycling technology. Why force customers to queue at a traditional POS lane to pay with cash? Our cash-enabled kiosks can also be used in self-service bill payment applications or retail self-checkout applications where a weighing product is not needed.