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CashGenic, the cash automation solution from Innovative Technology, was launched in May 2020 as an affordable solution for those customers wanting to pay by cash safely and hygienically and to enable businesses to adhere to social distancing measures. The solution is a compact, all-in-one counter-top device ensuring easy customer access, with pay-in and pay-out managed by staff via a mobile tablet device with no software integration required.Commenting on the first UK CashGenic success story, Andy Bullock, Senior Business Development Manager said, “Our first installation was completed in partnership with our UK supplier CC Dynamic (branded as £XCHEKKA) and installed by…

As we enter another series of lockdowns throughout the globe, we want to take this opportunity to reassure our customers that ITL are still fully operational and continue to dispatch orders.We are taking all the necessary safety and precautionary measures to keep our teams safe whilst ensuring that supply is unaffected to allow our customers whose businesses remain open, to continue their operations. We have maintained our product development and we look forward to bringing some exciting new innovations to the market this year.Our regional teams can be contacted in the usual way and technical support are available to answer any…

Innovative Technology Ltd are pleased to establish a service partnership with Alphonic Technology, a trusted provider of reliable automated cash handling solutions based in Kuala Lumpur, Malaysia.  Alphonic Technology service and repair cash validation machines for various industries such as Amusement, Transportation, Gaming and Retail & Kiosk.Kravitz Liew, Business Development Manager for Southeast Asia commented, “We have been working closely with Alphonic for a number of years now, so I am pleased to have formally agreed this service partnership with them.  Koo Yee Kit, MD for Alphonic, has a long-standing relationship with Innovative and brings extensive industry knowledge to the…

Despite India’s government implementing schemes, such as the demonetisation of all 500 and 1000-rupee notes in 2016, to encourage the country to go cashless, there is still high demand for banknotes. According to the Global Cash Index™, cash continues to hold a significant role in Indian culture and is seeing growth rather than decline - cash is still very much king in the region.Commenting on the popularity of cash in the region Marcus Tiedt, Sales & Marketing Director of Innovative Technology Ltd (ITL) said, “With over a billion people living in India a large percentage of them still transact in…

Innovative Technology, cash handling and validation experts, have partnered with several suppliers in the UK to distribute their latest product aimed at making cash payments safer and more hygienic. CashGenic was launched during the height of the COVID pandemic as a solution for those customers wanting to pay by cash safely during a time when coins and banknotes were being unjustly portrayed as high risk in terms of transmission.Tony Morrison, ITL Group Sales Director, commented, “Whilst the World Health Organisation and other institutions found no evidence to confirm that COVID-19 can be transmitted through coins or banknotes, many retailers were…