The world's leading developer of unattended payment systems, MEI, launched its Cashflow® Banknote Recycler (BNR) for virtually jam-free self-checkout operations in all retail applications.Significantly reducing the cash float required for undisrupted self-checkout operation, the Cashflow BNR is a point-of-sale cash-recycling device that combines the functions of a traditional bill acceptor and dispenser into one device.
The Cashflow BNR, using actual checkout transaction data in simulations, reduces cash float an average of 87 percent compared to conventional acceptor/dispenser systems, from thousands of dollars to a few hundred dollars. Less float translates into lower cash costs, less labor, less shrink and fewer reconciliation errors.
Executive VP at MEI, Ian McCormick, commented:
"Although high-volume, high-end cash recyclers have been available for several years for banking applications, until now there has not been a viable cash recycler for retail point-of-sale transactions". "The Cashflow BNR offers the same high-quality results and jam protection that millions of customers rely on from the MEI brand."
Significantly less emptying, replenishing, counting and management of cash is required by a self-checkout systems with an MEI Cashflow BNR, resulting in reduced operating costs and frees employees to service customers.
The MEI Cashflow BNR operates at a high speed, has a compact footprint and has been designed for reliability. The BNR, aith the ability to recycle up to four denominations, allows self-service systems to run on less cash for longer periods of time. The modular design enables closed-loop cash management, and cash handling improves with its unique cash loader module that enables the device to serve customers immediately.
