West Chester, Pa., September 18, 2007 – The MEI CASHFLOW® SC bill acceptor has been integrated into Tidel’s new Sentinel™ Bulk Coin Dispenser with Note Dispenser (BCND) smart safe. Using the Sentinel BCND safe at the point of sale or in the back office can help reduce cash management costs for retailers. The BCND counts and secures cash electronically and dispenses that cash back as needed for check cashing, debit card cash-back transactions, self-checkout systems and many other applications.
Tidel selected the MEI CASHFLOW SC bill acceptor because of its advanced processing technology and engineering that rejects counterfeit bills while instantly accepting legal currency. MEI also offers the industry’s lowest jam rates, and the CASHFLOW SC can be programmed to accept any currency. The acceptor holds up to 1,200 bills in each lockable cash box that can easily be removed by designated money handlers, making cash management easier for retailers.
“The Sentinel BCND offers retailers a total cash management solution, and Tidel uses top-tier suppliers like MEI to ensure the highest reliability,” said Ed Grondahl, SVP sales and marketing at Tidel. “Retailers can trust the counterfeit detection and speed of MEI’s acceptors.”
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 or call 1-800-345-8215.
Tidel, a wholly owned subsidiary of Sentinel Technologies, Inc. (a private holding company), has been a manufacturer of cash security equipment designed for specialty retail marketers since 1977. Tidel designs and manufactures products for cash security and robbery prevention, as well as retail cash management. Tidel has sold more than 200,000 systems in the U.S. and over 40 other countries. Tidel provides a 24/7 customer service center and offers on-site customer service and support in over 120 countries worldwide. Information about the company and its products may be found on the company’s website at www.tidel.com.
For more information on MEI’s bill acceptors, please visit www.meigroup.com.