Cash Management for Dispensaries

Cash Management For Cannabis Dispensaries

Cash management is a critical part of operating a successful cannabis dispensary. Medicinal and recreational marijuana sales are on pace to exceed 21 billion dollars in the U.S., and a big slice of those payments will be in cash. Dispensaries are vulnerable to theft from employees and criminals and must find ways to manage their on-site cash safely. By employing cash management for cannabis dispensaries they can automate, collect, track and keep more of the money they earn. 

With a manual system, each step can be an opportunity for employee error or shrink. Accepting cash payments, returning change, checking for counterfeit notes, storing money, and reconciling transactions are all touchpoints that increase the risk of loss. Automation is the best way to safeguard the large volume of cash that is inherent in running a dispensary. CIMA offers a range of solutions that virtually eliminate the need for employees to handle money any more than necessary.  Budtenders can spend more time selling products and interacting with customers.

SMART SAFES

Smart Safes for Cannabis Dispensaries

CIMA’s range of Smart Safes are suited for cannabis dispensaries looking for an affordable deposit-only solution.  All of CIMA’s smart safes incorporate a unique, self-sealing stacking bag technology. The system reduces the possibility of human error or shrink, and ensures accurate counting and secure storage of cash.  

A note validator detects counterfeits, and the safe can only be opened once the bag is fully sealed. Unlike traditional cassette systems, the sealed bag is ready for transport as soon as it is removed from the machine, and the bag swap-over process is quick. 

SDM100S – Designed for small to medium volume environments where back-office OR front of store note deposit is required. The SDM100S stores 1,500 banknotes and is ideal for small format retail environments. Operator identification and printed transactions offer additional oversight.
SDM100S 4.0 – Designed for high-volume environments where a back-office note deposit is required. The model stores 4,000 banknotes. Operator identification and printed transactions offer additional oversight.
SDM500S – Designed for high volume environments where a back-office bulk and high-speed note deposit is required. The model stores 3,000 banknotes and can process six notes per second from an input slot of 200. Operator identification and printed transactions offer additional oversight.
Watch a Demonstration of the SDM500S with Self-Sealing Stacking Bag Technology

BACK-OFFICE CASH RECYCLERS

Back-Office Cash Recyclers

CIMA’s Back-Office Cash Recyclers accept, store, and dispense cash and coins.  Manually counting money in the cash room requires trusted employees and managers to step away from customers to count, recount, and prepare floats. A cash recycler automates this process and eliminates manual till preparation. Dispensaries can customize CIMA cash recyclers for their specific set of needs. 

ARGENTO  – An entry-level back-office note and coin recycling solution for smaller retailers or venues.  Each roll storage module can hold 400 notes of a single denomination. Manages a total recycling capacity of up to 1,600 notes, and self-sealing, stacking bag system for 3,000 surplus notes.  

DIAMANTE – A high capacity back-office note and coin recycling solution which utilizes cassettes for recycling.  Each cassette can store 3,400 notes of a single denomination. Surplus notes are stored in a dedicated deposit-only cassette, which can be emptied by the CIT operator.

POINT OF SALE (POS) SOLUTIONS

Point-of-Sale Solutions

POS Cash Recyclers are fully automated, customer-facing teller stations. With kiosk and in-counter units, cash is paid directly into the recycler, and change is dispensed directly to the customer.  Fewer employees are required to process payments or monitor sales activity.  Cash is collected, recorded, accounted for, and secured in the recycler until ready for transport by CIT service.

CASH@POS – An affordable and compact range of customer-facing recyclers for small retail environments. Customers pay notes and coins directly into the machine. The unit counts, stores, and dispenses change back to the customer.  Some configurations offer flexible surplus coin and note capabilities.

CASH@KIOSK – A self-service or staff-assisted kiosk solution with an integrated note and coin recycling solution. Items for purchase could be selected on an ordering application and customers pay notes and coins directly into the machine. The unit counts, stores, and dispenses change back to the customer.  Some configurations offer flexible surplus coin and note capabilities.

CIMA Innovation

CIMA’s Continued Commitment to Innovation

We don’t believe in “That’s The Way It’s Always Been Done” – Cash management innovation is necessary.

This mentality permeates many industries. People and companies ignore alternative ideas because we always do things a certain way…the status quo. Nothing stifles innovation faster than a mindset that discourages creativity and stops the quest for constant improvement. The situation is no different in the cash handling industry. Why dedicate engineering and resources to reimagine a machine that has been around for more than half a century?

A Bit Of History

The first ATM was introduced in the U.S on September 2, 1969, at the Chemical Bank in Rockville Centre, New York. These money dispensing machines became widely popular and handled many functions previously performed by human tellers. In the late 80s, ATM manufacturers began designing cash recyclers. Machines that deposit AND dispense cash. They used most of the same components, including cash cassettes. Eventually, cassettes became the industry standard for storing, recycling, and transporting bills in cash machines. A need was created for cash management innovation.

A Fresh Eye for New Solutions

Despite their outward similarities, cash recyclers have a very different purpose than ATMs. They were initially, and still, today, used for internal business use to automate cash handling processes and allow staff to deposit and dispense cash.

CIMA approached the industry with a fresh eye and questioned everything about the process. Our engineers wondered if cash recycling machines even needed cassettes. Cassettes are prone to damage and require time to “de cash” (remove notes, bundle, pack into plastic bags). Cassettes are expensive to replace and can be damaged easily.

CIMA engineers solved this array of problems by eliminating the need for cassettes. Instead of bulky, breakable, and unwieldy cassettes, CIMA engineered several lines of machines to recycle notes on drums or roll storage modules and deposit notes directly into a plastic bag. There are no cassettes to damage and no keys to manage. Bags are also much lighter and easier to handle than cassettes. Roll-based recycling also eliminates the problem of wasted capacity when a business uses only a tiny percentage of a cassette’s total capacity.

Innovate, Don’t Imitate

CIMA’s self-sealing stacking bag technology packs notes in a tight stack. Before removal, the machine heat-seals each bag to prevent tampering. The retailer removes sealed bags and stores them for CIT pickup. When the CIT arrives, they scan the bags, grab them and leave. The notes are never exposed or handled, as with the cassette system. This touch-free system adds a layer of protection against theft and loss. Every bag has a unique barcode so it can be tracked and traced as needed.

CIMA’s stacked bags are also much faster to process. A recent study at a CIT depot compared the processing time of 3,000 notes from CIMA bags versus standard cassettes. The CIMA bag took less than half the time to process.

The unique stacking bag technology is available across a range of smart safes and cash recyclers with capacities ranging from 1,200 to 4,000 notes per bag.

Innovation Across Industries

CIMA’s experience across various industries has shown us many of these “we have always done it that way” situations. Questioning everything drives new ideas, new products, and innovation. CIMA’s customer-centric approach focuses on solving problems whether they are industry-specific or situation-specific:

  • Retail
  • Banking
  • Gaming / Hospitality

Don’t settle for what your cash management provider offers. Ask questions and challenge the status quo.

Cash Management Innovation During a Crisis

It has been approximately one year since COVID19 threw the world into chaos. The toll on lives, economies, businesses, and general well-being has been tremendous, and we may see the repercussions for years. For companies across the spectrum, the ability to adapt, pivot, and innovate quickly separated the field into survivors and strugglers. Influential corporate leaders rapidly shifted their organizations in response to unexpected events and changing customer needs. Like other periods of disaster and recovery in world history, the disruptions caused by COVID19 sowed seeds of creativity and cash management innovation.

CIMA Engineers innovate during COVID

As the pandemic raced from continent to continent, it shut down cities and economies in its wake. Many businesses took a wait-and-see approach, hoping to weather the storm and return to regular operation in short order. Nobody anticipated the challenge of a year-long shutdown. CIMA leadership evaluated the situation and refocused its corporate efforts on cash management innovation with engineering and Research and Development (R&D). 

“It was obvious that international shipments would be a challenge during the pandemic. We knew that there would be some downtime, so we took that opportunity to think outside the box and began innovating new products to meet the emerging needs of the marketplace. CIMA is a manufacturer with deep R&D capability, not just an assembler of parts, and we wanted to use the time to create new solutions. We asked our engineers to rethink some of our existing products and try out new ideas,” said Vittorio Razzaboni, CEO of CIMA (HQ-Italy).

CIMA’s in-house engineering, research, and development teams are composed of 55 talented professionals with a combined 300 years of experience in the industry. The intense focus on R&D in 2020 produced several innovative breakthroughs. Unlike companies that tried to wait out this challenging period, CIMA brought brand new solutions to the market:

  • Finalized the high capacity, cassette-based, AST9000 Teller Cash Recycler (TCR) for the banking segment by pushing through software integration with middleware partners.
  • Launched an entire range of consumer-facing INLANE models to market, including a kiosk.
  • Built a new product – The SDM50, an ultra-compact smart safe with self-sealing stacking bag technology. 

“Our newest ultra-compact smart-safe (SDM50) is a great example of our R&D team thinking outside the box. For years, our engineers were building bigger and bigger machines with greater capacity to serve our customers. During the pandemic slowdown, we realized there was a huge need from retailers that want the same unique features and functions (like our self-sealing stacking bag technology) but with much smaller volumes of cash. We creatively re-engineered everything in the new safe to be smaller and delivered the industry’s first smart safe to bag 1,200 notes. This product eliminates the need for traditional smart safes with cassettes now,” says Marco Angelini, Head of R&D at CIMA (HQ)

Vik Devjee, Vice President of CIMA-Cash Handling America, is excited about the possibilities and is eager to bring these new solutions to the U.S. market.

“Based on what we’ve accomplished from the new SDM50, we are looking to integrate the engineering into other lines of products. For example, self-sealing stacking bag technology in our INLANE range. I think there will be a high demand for these innovative products and solutions,” states Devjee. 

 Introducing the SDM50

The SDM50 is an ultra-compact BANKNOTE deposit machine (smart safe) from CIMA. Designed for low cash volume applications where moving notes to a secure safe is essential. It is ideally suited for convenience stores, quick-service restaurants (QSR), pharmacies, and other small-format retail environments. 

The SDM50 smart safe is equipped with CIMA’s unique self-sealing plastic stacking bag technology (1,200 banknotes).  The SDM50 has a single note validator and can process 2 banknotes per second.   

Powered by CIMA’s own BV1000 validator ensures full image authenticity and compliance with all major global central banks. 

The SDM50 is also equipped with a 7inch touch screen pc that runs our CAOS light on-device application. An integrated receipt printer and Dallas key reader is also included 

Benefits: 

  • High-performance BV1000L validator for fast and accurate note processing (2 bills/sec)
  • Multiple currency options
  • Pull out system for easy maintenance/replacement
  • Heat sealing stacking bag system
  • 1,200 banknotes 
  • Notes are stacked tightly in a plastic bag that is sealed prior to removal
  • Allows for easy transport and processing at CIT depots
  • Safe can only be opened once the bag is fully sealed 
  • Small footprint and height for flexible installation scenarios
  • Fully compatible with CAOS Light device software and C-Link management platform

About CIMA Corporate Leadership 

CIMA is a private Italian, family-owned, and operated business spanning three generations based in Mirandola, Italy. Family ownership gives the company the flexibility to make agile decisions in product development. For almost 65 years, CIMA has redefined the cash handling industry through innovation, continuous investment in research and development, and by understanding customer-specific needs in more than 45 countries. 

CIMA – America

CIMA Cash Handling America, Inc. is based in Houston, Texas, and is the first corporate location outside of the Italian headquarters. CIMA is poised to serve its U.S. customers and partners by helping businesses significantly reduce the cost of managing cash. CIMA Cash Handling America supplies 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.

Cash at Kiosks & POS

Can your kiosks serve a cash paying customer the same way as a card paying customer?

With CIMA, now you can…easily!

CIMA solves the problem of handling cash at a self-service kiosk or at point-of-sale (POS).

Our kiosk that integrates note and coin recycling is designed to be implemented in self-ordering and self-checkout environments. It allows consumers to self-scan or self-select items to purchase or order and pay by cash with both notes and coins. The unit will count, sort, store cash paid, and dispense change (notes and coins) back to the consumer.

Already have a kiosk partner? No worries!

Our stand-alone consumer-facing cash recycling solutions integrate into kiosks designed and manufactured by specialist kiosk manufacturers too. They can also be integrated into POS environments to automate cash payment at traditional checkout lanes.

Our CASH@KIOSK range allows QSR / fast food outlets to accept cash payments and dispense change at the point of transaction thanks to our kiosks with our 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.

Benefits:

  • Automate the cash handling process at self-ordering or self-checkout
  • Staff do not need to physically handle cash
  • Improve customer experience
  • Improve staff productivity – more time with customers and value-added store activities
  • Clean solution for cash handling in places where hygiene is important
  • Increase security and reconciliation to optimize business processes
  • Easy integration in any store format/checkout environment

CIMA Cash Handling America Inc. is the wholly-owned US subsidiary of CIMA SpA. (Italy).  We are a global manufacturer of cash handling solutions that help businesses significantly reduce the cost of managing cash.  We supply a broad range of hardware and software to businesses across Banking / Financial Institutions, Retail, Hospitality, and Gaming.

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

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.

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.