Ability to reliably hold up to 2,200 notes creates newfound cash processing efficiencies
March 2011 -- West Chester PA: MEI has introduced CASHFLOW SCXL, which includes a cashbox capable of holding up to 2,200 notes. The increased flexibility – expanding the SC cashbox portfolio to four different capacities (600, 900, 1,200 and 2,200) – allows operators in many different industries to specify the right product for individual application needs.
“This is another example of MEI meeting customer demands,” said Eric Fisher, MEI senior vice president - Americas. “We continue to listen to our customers for ideas of how to continuously improve our products.
“MEI has evolved from being merely a reliable component supplier. We take a tremendous amount of pride in being a cash management partner. CASHFLOW SCXL is another piece of the puzzle – enabling operators and CIT providers increased options when determining how to best design an efficient cash management program.”
MEI has developed several products to surround the reliable CASHFLOW SC with a portfolio of modularized solutions for a cash management program. In addition to a wide range of cash boxes, MEI also has introduced:
- CASHFLOW BNF, a bunch note feeder that allows users to insert a stack of up to 30 notes in the BNF tray instead of feeding notes one-by-one. This innovation allows newfound efficiency by allowing in-store cash personnel to multi-task, including focusing on the customer.
- EASITRAX Soft Count, an integrated software/hardware solution that utilizes RFID technology to place information collected from the note validator into a database that can be networked to multiple locations and accessed to analyze performance. This solution is now integrated in more than 65,000 CASHFLOW SC units worldwide.
At the core of MEI’s value proposition is the CASHFLOW SC. With over one million CASHFLOW SC units already in the field, MEI has proven its ability to provide value to operators with the highest acceptance rates, unrivalled security, best jam performance and lowest cost of ownership in the industry.
“Operators are painfully aware of the costs associated with processing cash,” said Mr. Fisher. “MEI’s goal is to continue to raise expectations for automated payment systems – expanding the value derived from CASHFLOW SC by providing our customers additional tools toward a comprehensive cash management system.”
About MEI: MEI systems are relied upon for more than two billion transactions per week in over 100 countries. The company developed the first electronic coin mechanism in the 1960s followed by the first electronic non-contact note validator, and more recently the EASITRAX Soft Count system. Recently, MEI reached a milestone of selling more than five million note validators and six million coin mechanisms worldwide. Its products are in widespread use in the gaming, vending, soft drink, amusement, transportation, retail, and kiosk markets. For more information on MEI and its products visit www.meigroup.com