|By Business Wire||
|March 18, 2014 10:01 AM EDT||
Cummins Allison, the leading innovator and provider of currency, coin, cheque handling solutions today announced a new addition to its coin products: Money MachineTM 2 self-service coin counter. New features include greater overall capacity with 16 sorted bags, innovative bag management tools, counts that are more accurate than ever and a quieter, more cost-effective product. Money Machine 2 gives financial institutions more options for easily adding self-service coin counting to their business.
Greater bag capacity and bag management
Money Machine 2 coin counter is the only self-service coin machine to offer 16 sorted-bag capacity, making it easier to manage and transport coin, and providing more flexibility for coin collection and pickup. Money Machine 2 sorts coin by denominations into up to 16 high-volume bags, for a combined capacity of 78,000 coins. Bag stations roll out for easy access and changing. Tellers will appreciate the new highly visual bag management system displayed on the unit’s touch screen display. Steps for changing full bags are simplified and the interactive display keeps training to a minimum.
FIs can also select a high-capacity bin unit, featuring ultra-strong polymer bins that are easy to change using Cummins Allison’s lightweight dollies. Bins have been redesigned for efficient transportation and processing and feature up to a 70,000 mixed coin capacity.
Quieter operation, enhanced coin discrimination and more
- Coin counters attract new customers but the sound can disturb tellers. Money Machine 2 features quieter operation, due to new sound-deadening components throughout the machine.
- Accuracy is a critical component in coin processing. Enhanced coin discrimination technology enables Money Machine 2 counters to differentiate coin more precisely, providing more accurate totals.
- Money Machine 2’s sleek, contemporary cabinet complements any lobby environment. Additional housing options include elegant stainless steel panels and/or custom graphics that reflect your brand.
Flexible choices increase profitability potential
While savvy FIs realize the value of self-service coin redemption, it’s not always possible to purchase a coin counting machine. Cummins Allison now offers more procurement options to choose from so FIs can easily add this valued service to their branch.
“Self-service coin redemption is an essential service for customers and it keeps tellers focused on high-value tasks, while increasing cross-selling opportunities,” said Harry Patrinos, managing director, Cummins Allison Canada. “The addition of Money Machine 2 to our portfolio provides greater enhancements that FIs will appreciate. Backed by our commitment to deliver the most dependable coin-counting equipment and services, we believe Money Machine 2 allows virtually any bank or credit union to add coin counting services to their operation.”
About Cummins Allison
Cummins Allison is a global leader in developing solutions that quickly and efficiently count, sort and authenticate currency, cheques and coin. Our leadership in technology and product innovation spans more than 125 years. Cummins Allison serves the majority of financial institutions worldwide, as well as leading organizations in retail, gaming, law enforcement and government. Ninety-seven percent of our customers would recommend our products and services. The company holds more than 350 patents and invests double the industry average in R&D. Our world-class sales and service network includes hundreds of local representatives in more than 50 offices in North America, wholly-owned subsidiaries in Canada, the United Kingdom, Germany, France, Ireland and Australia and is represented in more than 70 countries around the world. For more information, visit www.cumminsallison.ca.