Innovative Technology Ltd. (ITL), a leading cash-handling technology provider is excited to be exhibiting at the Retail Business Technology Expo 2016 (RBTE). RBTE will be held at the Olympia Conference Centre in London from 9th - 10th March 2016 and is one of Europe’s fastest growing annual event for the Retail Industry. ITL will be showcasing its expanding Retail product portfolio of note handling, coin handling and ticket products from stand 1112 at the show.
ITL will be using the occasion to demonstrate their Tamper Evident Bag System, TEBS. TEBS utilises the market leading NV200 banknote validator together with a revolutionary cashbag system. The unit also boasts add-on recycler and ticket printer options to further maximise cash handling efficiency.
Senior Business Development Manager, Paul Curley said “TEBS is our state of the art cash in transit monitoring system that presents a fast return on investment for adopters of the system. The system was developed that allows for closed-loop accounting by minimising the number of times that cash is handled during the retail. This allows for full traceability of cash from the point of sale, so companies can always know how much cash is in their store. Additional security features a ‘dual-lock’ system that requires two keys (one physical, one electronic) held by separate individuals in order to be opened.”
ITL will also be promoting a number of other cash handling product ideal for retail applications including the SMART Payout and the SMART Coin System. The SMART Payout is a state of the art mixed denomination banknote recycler that can store all denominations from a given currency, maximising cash efficiency. The SMART Coin System (SCS) combines a bulk coin feeder, mixed coin hopper and recycler and operates at a market leading 12 coins per second, dramatically reducing refill times and improving site cashflow. When combined the SCS and SMART Payout create more efficient cash handling for self-service retail applications and provide more convenient change for customers.