Industry background
Retail industry satatus
Mobile payment and cash payment coexist
▪️ Many countries and regions, especially in South America, Eastern Europe, some Asian countries, and some remote areas, Cash Payment still the main payment method.
▪️ Some people, such as the elderly, also mainly pay in cash.
Solution
Cash Handling Module introducted
▪️ The banknote receiving and change module can increase cash payment efficiency by 50% and reduce queuing time
▪️ Using advanced anti-counterfeiting technology, the counterfeit currency recognition rate is as high as 99.9%, ensuring the safety of merchants’ funds.
▪️ Automatic change function, with 100% change accuracy, improves customer satisfaction.
Application scenarios of Cash Handling module
CCS-30 Banknote and coin integrated module
CCS-30 is a compact cash recycling system that handles banknote and coin identification, counting, depositing and change circulation. It features high reliability, ease of use and low maintenance. By automating cash circulation, it can reduce the time for restocking, counting and changing boxes, minimize downtime and improve operational efficiency.
CIS and magnetic signal detection
Supports all denominations of banknotes
30 notes capacity of accepting and change
Support one-time accepting/change of 50 Coins。
Maximum capacity 8 banknotes of various denominations, each denomination with 400 Coins
Entertainment and Gaming Cash Coupons
Self-check out at supermarket
Food Vending machine
Self-service payment at the hospital campus
Vending Machines
Scenario Description
Vending machines are widely used in shopping malls, subway stations, office buildings and other places. Users purchase goods through cash or mobile payment. 2024 The global number of vending machines reached 10 million units per year, with a market size of over 500 billion Dollars.
Demands and pain points
▪️ Cash payment needs to be supported, covering users who have no mobile payment habits, accounting for about 30%.
▪️ Quickly identify the authenticity of banknotes to prevent the risk of counterfeit currency. In 2024, the number of counterfeit currency entering vending machines increased by 20% year-on-year.
▪️ Automatic change can prevent users from giving up purchases due to lack of change, reducing transaction losses.
The equipment has high stability and reduces the failure rate. The average failure interval time must exceed 1,000 hours.
Cash Handling module solution
▪️ Support multi-currency recognition, more than 100 currencies.
▪️ Efficient anti-counterfeiting detection, the counterfeit currency recognition rate is as high as99.9%.
▪️ Quick change function improves user experience and increases change speed by 40%.
▪️ Modular design makes maintenance and upgrades easier and reduces maintenance costs.
Self-service checkout machines
Scenario Description
Self-service checkout machines have been introduced in supermarkets, convenience stores and other retail locations, where customers can scan items and complete payments by themselves. In 2024, the global self-service checkout machine market size reached 200 billion Dollars, annual growth rate15%.
Demands and pain points
▪️ Supports cash payment to meet the payment habits of different customers.
▪️ Process banknotes quickly, reduce queuing time, and shorten the average checkout time to as fast as 30 seconds.
▪️ Accurate change to avoid disputes, the accuracy of change must reach 100%.
▪️ The device occupies a small space and is easy to integrate into the existing system, saving space.
Cash Handling module solution
▪️ Efficient banknote recognition and processing, shortening payment time, with recognition speeds up to 5 notes/s.
▪️ Accurate change function improves customer satisfaction and supports multiple change combinations.
▪️ Compact design, space-saving, easy to install, suitable for all types of self-service checkout machines.
▪️ Supports data statistics to facilitate merchants to manage cash flow and provide financial analysis reports.
Other Retail Solutions
Scenario Description
Cinema, Amusement park, Stations where user pay by cash through ticketing system. Self-service kiosks such as gas stations, convenience stores, and self-service coffee machines
Gas station
