Skip to main content

Innovative Technology showcases Smart Payout recycler

Innovative Technology is showcasing the Smart Payout, with the claim it provides superior note recycling and unrivalled mixed denomination bank note recycling. A 70-note ‘true’ mixed denomination recycler, the Smart Payout can store all denominations from a given currency, eliminating coin starvation and reducing the coin float level required to keep machines operational. Auto-centering technology straightens notes before reading to maximise cash efficiency. Innovative Technology says that by utilising note
March 20, 2018 Read time: 1 min

Innovative Technology is showcasing the Smart Payout, with the claim it provides superior note recycling and unrivalled mixed denomination bank note recycling.

A 70-note ‘true’ mixed denomination recycler, the Smart Payout can store all denominations from a given currency, eliminating coin starvation and reducing the coin float level required to keep machines operational. Auto-centering technology straightens notes before reading to maximise cash efficiency.

Innovative Technology says that by utilising notes for change and prizes, the Smart Payout dramatically reduces the coin float required to keep machines operational, reducing operator collection costs making it ideal for high volume parking applications.

Stand: 03.119

%$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 link-external www.innovative-technology.com Innovative Technology website link false http://www.innovative-technology.com/ false false%>

Related Content

  • Cloud Parc’s smart parking
    September 10, 2014
    Cloud Parc is debuting its smart parking camera solutions in the Entrepreneurial Village, highlighting its ability to automatically detect unused parking spaces through visual analysis. Each LPR camera can monitor up to 10 spaces while the company’s Sky camera can monitor an entire city block. According to Kerrian Bard Fournier, COO, Cloud Parc
  • Open dialogue on USDOT ITS Strategic Plan
    July 26, 2013
    The US Department of Transportation (USDOT) is offering the public a great opportunity to share its views and be a part of the development of the Department's next ITS Strategic Plan. This plan will identify the ITS-related research, development, and education areas that the USDOT will focus on for the rest of the decade. Various opportunities exist for the public to provide input, including an online feedback site.
  • Bird enables reports of poorly parked and damaged e-scooters
    November 15, 2018
    Bird is to roll out an app feature which allows people to report poorly parked or damaged electric scooters to the company. It is an attempt to solve one of the biggest bugbears surrounding the deployment of scooters and dockless bikes – the issue of what happens when users abandon or abuse the vehicles. Bird says the app’s new ‘community mode’ will improve parking and safety in the cities where it operates, such as Portland and Salt Lake City. The company will use reports to reposition poorly parked e-
  • A view of mobility for the next generation
    March 10, 2017
    We wanted to know what mobility will look like for the next generation, so we asked those who would be shaping and using it – the next generation themselves. A group of students studying under Professor Dr Regine Gerike at Technical University Dresden gave us a wide range of stimulating responses. See our website for the full discussion: