Automating transactions in a safe and cost-effective manner is a win-win choice for any business looking to grow. Machines with built-in validators for banknotes and coins come to the rescue. They allow any company that uses self-service machines to handle coins, banknotes and tickets more efficiently with high levels of security and convenience for customers.
One of the leading manufacturers of cash processing devices is Innovative Technology Ltd (ITL), a UK-based company that has offices around the world and an extensive network of trading partners, including Eltrade.
As an official distributor of ITL, we included in our portfolio the most popular products of the British company. Among them are the Smart Hopper – a device that automates payments with coins, as well as various models of banknote acceptors that unmistakably recognize Bulgarian levs.
The products are suitable for businesses that produce machines with an automated cash processing function, for example:
WHAT ARE THE MOST SOUGHT-AFTER ITL DEVICES AND WHAT IS THEIR APPLICATION
Coin devices
Smart Hopper is a built-in device that automates coin payments. Unlike other devices, in which coins of different denominations fall into separate pockets, in the hopper they are collected in one place. When change needs to be returned, the device begins to look for the appropriate coin through a carousel.
The advantages of Smart Hopper are that it is cheaper than most similar products on the market. It has a large capacity and a very good processing speed – up to 12 coins per second. The hopper allows you to operate with up to 11 different denominations, including all Bulgarian coins without 1 stotinka.
The device does not operate as a standalone unit. A coin holder should be added to it, which will recognize the coin at the entrance and send it to the hopper.
Smart Hopper is suitable for installation in vending machines, parking systems, automatically driven children’s entertainment facilities, car washes, etc.
Banknote acceptors
The simplest technology and affordable device for accepting banknotes is the NV9. It only includes a validator with no change return option.
The NV9 is available in two variants – standard and Spectral. Spectral modifications of Innovative Technology are the latest generation of respective models. For example, in this case, the newer NV9S model is 200% faster than the standard NV9. It recognizes 1.28 million. data points in the spectral analysis of the banknote.
The NV9 model is convenient to build into self-service machines for replenishing amounts into customer cards, and the entire entered amount is fed to the customer’s card. It is also suitable for gas stations, where usually round sums are refueled and the change option is not so important.
The NV9 is ITL’s most sought-after and best-selling device because it is affordable in terms of price. If combined with the Smart Hopper, it can provide the return of change, but only in coins.
In case you prefer a device that returns change, the NV11 is a suitable choice. It combines the functionalities of NV9 with a Payout module that allows you to return banknotes of one denomination. In combination with a smart hopper, it provides change in coins. The option of returning banknotes solves the problem of coin shortage and thus saves operating costs for loading the hopper. that it is more affordable in terms of price. The better version of the NV11 is theNV22S because it can return banknotes with mixed denominations.
The most sought-after device that can return any banknotes is the SPECTRAL Payout. It combines the NV200S validator (higher class than NV9) with a Payout module that collects 80 banknotes for return. In the Payout module, you can configure how many banknotes of each denomination to be stored as stock for change.
SPECTRAL Payout is not suitable for an ATM, as it collects few banknotes. ITL is developing a new model with three cartridges that can be used to pay out amounts. It is expected to be available on the Bulgarian market by the end of the year.
The portfolio of the British company also includes other models for automated cash processing – for example, a device with a safe interface, a device for accepting banknotes in bulk, models with additional sensors for greater protection, and others.
Innovative Technology is also the developer of the increasingly popular ICU identification solution, which uses facial recognition to verify someone’s age and identity. It is suitable for retailers who have an obligation to prevent minors from accessing products with an age limit. It is also applicable to any other activities that require facial recognition.
For more information, call the phone numbers listed in the contact form. Our employees will advise you on choosing the right solution for your needs.
