WEST CHESTER, Pa., August 22, 2007 – MEI has released software updates allowing kiosks, self-checkouts and other self-service systems that have been deployed by customers to immediately recognise and accept the new style of Scottish banknotes. The Bank of Scotland will issue updated note designs for all denominations starting this autumn that contain new security features to combat counterfeiters.
MEI offers retail customers two different options to update their MEI CASHFLOW® SC, SCL and BNA note acceptors in the field: using the remote download facility or using an MEI handheld USB device (PPM). To receive the update, customers should contact Andrew Osborne at email@example.com.
MEI designs its software update technology based on a close working relationship with the world’s banks, including the Bank of Scotland. As a result, transaction-based kiosks and self-service systems can be quickly and efficiently updated to accept new banknote designs, so that consumers can continue to use their preferred payment method, including cash.
About the New Bank of Scotland Banknotes
The new banknote design features Scottish bridges that represent the pioneering enterprise and heritage of Scotland. The colour and size of the new notes are consistent with previous designs, and they will have the same stiff and crisp feel. For more information, visit http://www.bankofscotlandhalifax.co.uk/HelpCentre/banknotes.asp .
MEI systems are relied upon for more than 2 billion transactions per week in 90 countries. The company developed the first electronic coin mechanism in the 1960s, followed by the first electronic non-contact note acceptor, and more recently its vending management system. Today MEI has the largest worldwide installed base of unattended payment mechanisms. Recently, MEI reached a milestone of selling more than 4 million note acceptors, 4.5 million coin mechanisms and 1 million control boards worldwide. Its products are in widespread use in the vending, soft drink, gaming, amusement, transportation, retail, and kiosk markets. For more information on MEI and its products, visit www.meigroup.com/kiosks or call 00 44 1189 697700.
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Contact: Lorena Crowley
PR Consultant for MEI