The self-service banking trend is growing steadily in Europe and other parts of the world. Self-service machines enable banks and credit unions to handle cash more cost-effectively and to reassign bank staff to a more profitable advisory role. Additionally, self-service is also a competitive weapon for banks, attracting customers with the greater convenience of lobby services that offer extended opening hours. CDS - cash deposit systems are part of the self-service revolution.
The bank lobby of today
In recent years, the bank lobby has become the self-service cash transaction centre of many bank branches, offering services that often include CDS (Cash Deposit systems) for depositing notes and coins, ATMs for cash dispensing, information terminals, Internet access, coin roll dispensers and foreign exchange machines. At its most efficient, the self-service banking area creates a cash-in, cash-out loop with ATMs dispensing notes and CDS machines taking in notes and/or coins.
What have other customers done?
Follow this link to our case section to get inspired.
SCAN COIN has years of experience in meeting the demanding requirements of some of the world’s leading mints. The company provides optimised solutions in all key areas; from the quality checking of blanks and minted coins right through to coin packaging.
Leading-edge sensor technology from SCAN COIN gives its mint partners a competitive edge in precision checks of blanks and coins, providing the basis for better production control. SCAN COIN also offers a wide range of packaging equipment, enabling robust, tailored solutions and opportunities to benefit from fully-automatic lines.
Whether you are a specialised coin blank manufacturer, a mint with a highly focused output or a commercially active mint looking for flexible, high-performance solutions, SCAN COIN has the product portfolio and expertise to help you configure the complete, cost-effective system for your needs.
The processing of large volumes of notes and coins is complex, costly and time-consuming, which is why an increasing number of banks, major retailers and other handlers of cash in bulk are outsourcing the task to CIT companies.
Big benefits for bulk cash operations
These companies handle the management of the entire cash loop: collection, counting, packaging, consolidation, storage and distribution. CIT companies have created integrated networks for CIT collection and cash processing. At the hub of the system are cash centres, which are looking for the best large-scale processing solutions to maximise operational efficiency and minimise unit costs.
Integrate and gain more
SCAN COIN’s cash centre solutions are based on a full range of hardware, software and technical consultant services. We have many years experience of cooperating with cash centres to heighten the efficiency and control of cash processing and management. We not only deliver productivity-enhancing machines and equipment for the counting, sorting and packaging stages, but also offer expertise in the integration of all aspects of cash centre operations – a crucial element in gaining a competitive edge.
Cash is still king in the world of gaming. Despite occasional flirtations with electronic transactions, the gaming sector in general has remained faithful to cash, which is favoured by the majority of its customers.
The gaming market is expanding in many countries due to liberalisation of gambling environments. Gaming operators are looking for more centralised in-house solutions for cash processing and settlement – solutions to make the cash handling process as cost-effective and streamlined as possible. The vending segment, following the general trend towards self-service, is also experiencing steady growth.
This sector has perhaps the most diverse range of applications and uses for cash processing systems. From small sea-front arcades and family amusement centres to large casinos, cash processing is a critical area of business.
SCAN COIN offer a wide range of reliable cash processing solutions for the diverse capacity and performance requirements of customers in the gaming and vending sector. The recent addition of PERCONTA systems to the range further enhances our capability to meet the specific needs of the casino segment.
50% of UK households are ready to cash their coins.
In the United Kingdom the average household has £27 of saved coins. A survey shows that 50% of the population would use a coin deposit machine to process them if available locally.
Averaging €50 per transaction in Ireland
An Irish company owns and manages 60 SCAN COIN coin deposit systems at retail locations countrywide and is enjoying profits from the more than €40 million saved in loose change in Irish households. Their retail customers benefit from the extra in-store sales the service generates, especially when the company’s own studies show that the average coin transaction is from €50 and up.
Cashing in across the US
In the US, a popular national grocery chain has installed SCAN COIN coin deposit systems at more than 1,500 outlets. The service has been very popular with customers since its inception in 2003 and is considered a profit centre for the company.
No matter what country you come from - don't you agree that it would be nice to know a spot where you could get rid of this sometimes heavy load - and get surprised how high the value really is?
Drivers in many countries use cash deposit systems as a point where they can deliver the day’s cash takings. Giving drivers access to a cash deposit machine in close proximity has reduced security risks and also released staff from cash-counting duties.
Increasingly, bus and train operators are looking for driver deposit solutions that can offer more than cash processing functions. Ideally, they want solutions that can become part of a network to help them gather and coordinate important business data.
Here you’ll find more information about our installations within the public transport sector.
Over recent years the retail industry has been facing new challenges in order to augment the in-store recirculation of cash. Many retailers have realised that there are benefits of re-using cash without having to purchase these services from for instance CIT companies. However, this demands secure solutions that are easy to use for everyone.
The negative trend in some markets with more and more robberies also forces many retailers to think in new terms when it comes to the in-store cash handling. Security for the staff is a key factor, but of course also to create a positive experience around the visit and purchase in the store for the customer.
SCAN COIN have several solutions aimed for retail. What about CoinCasher™ that helps collect spare coins and stimulates the customer to buy in your store? Or the RCS concept that eliminates the manual back-office handling to prepare and verify the tills? And not the least - CashComplete® - the solution that provides a completely closed cash loop in the store.
Would you like more information about what we can do for you and your segment? Click the images to get inspired!