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

  • OptiBus launches AI solution to help transit operators reduce service delays
    May 3, 2018
    Technology company Optibus has launched its artificial intelligence optimisation solution to help transit operators reduce delays and provide an improved service for passengers. Called On Time, the platform's proprietary algorithms analyse data created during daily transit operations and help transit operators determine issues that impact a timely service – such as rush hour traffic, driver behaviour and vehicle type. The system collects and analyses historical operational data from GPS systems and other
    Read More
  • Go-Ahead uses Dovu’s blockchain tech to augment customer data
    February 7, 2019
    UK train and bus company Go-Ahead is to use Dovu’s blockchain-driven reward platform to gain more data on its passengers. The scheme will be rolled out initially on Go-Ahead’s Thameslink and Southern Rail train services and offers passengers using the Dovu platform the chance to earn cryptocurrency when they share their travel information. This will be used to help them make changes to their travel behaviour, the companies say. Among other things, Dovu aims to encourage the use and sharing of tran
    Read More
  • Shohoz receives $15m fund to expand ride-sharing in Bangladesh
    September 28, 2018
    Ride-sharing company Shohoz will use a $15m investment from venture capital firm Golden Gates Ventures to expand its on-demand service in Bangladesh. A report by the Dhaka Tribune says the company is now launching its ‘super-app’ strategy which will add food deliveries to its current offering. Maliha M Quadir, Shohoz founder and managing director, says: “To help Shohoz finance this growth, we have brought on board a great line-up of experienced international and regional investors, who I think will help
    Read More
  • Safer roads with the HV2 safety barrier from Saferoads
    March 21, 2018
    The durability of a steel barrier and the ballasting weight of concrete come together in the HV2 hybrid freestanding temporary safety barrier from Saferoads. The HV2 is half the weight per metre of a typical concrete barrier, according to the Australian manufacturer Saferoads. The system has passed MASH TL-4, 10T at 90km/h completely freestanding with deflection of 2.2m. The company says that because of its size - 5.8m long and rotationally symmetrical – and that it needs no additional parts, the HV2 is
    Read More

Highlighted Content