Innovative Technology will take their range of cash validation products suitable for the vending and self-serve markets to Vend Expo on 25-27 March at the Expocentre in Moscow. The company will display their popular note validators for visitors to demo plus showcase their latest Spectral technology.

ITL’s NV9 banknote validator, boasting enhanced sensing technology and a high acceptance rate for multi-currency, is already well used by the Russian market. Mounted vertically this is ideal for vending applications and because of its modular design, a note float module (NV11) can be added to provide note recycling capability.

Georgiy Frolov, Business Development Manager commented, “We are looking forward to exhibiting at Vend Expo this year and are excited to show the Russian market our state-of-the-art Spectral technology once again within the NV9 Spectral. The next iteration of the NV9 is a highly secure and technologically advanced banknote validator, with state-of-the-art spectral sensors which provide high resolution imaging, scanning 1.28 million data points to authenticate the validity of notes."

Georgiy continued, “The BV50 will also be available on the stand. This space saving bill validator fits easily into the standard vending plate. The BV50 bill acceptor has the option of up or down stacking and four cash box capacities (300, 550, 800 or 1050) making it ideal for vending machine applications.”

Concluding Georgiy said, “This year at Vend Expo we will also have products available for more high-volume applications.  Visitors will be able to demo the CBR approved NV200 Spectral. It has sensors that offer complete note image capture (highest spectral coverage) to authenticate the validity of notes. We will also have one of our large volume coin handling products on display – the SMART Hopper. This multi-coin hopper and recycler boasts a market leading mixed coin capacity and eliminates coin starvation. Operating at an industry leading 12 coins per second the SMART Hopper is a true multi-coin payout unit capable of accepting all coins passed through the coin mechanism. We look forward to seeing both existing and new customers at the event and welcome visitors to stand B601.”

No cash to play – download ReelPay….

Innovative Technology have developed a mobile app which allows customers to seamlessly transfer funds to any enabled reel based or digital gaming machine, quickly and safely.Players no longer need to carry cash to play, they simply transfer funds from their mobile app for instant play. The app is now freely available in the UK and can be easily downloaded from the App Store and Google Play. A QR code is scanned enabling players to deposit funds securely to an individual gaming machine via their smartphone using their debit card. 

Andy Bullock, Senior Business Development Manager, commented, “Following successful trials in 2018 on both reel based and digital machines at a number of sites across the North West, ReelPay is now available as an easy-to-use alternative payment solution. We are specialists in automated transactions and have been providing note validators to the gaming industry for over 27 years, so are ideally placed to draw on this market experience to effectively bring this product to market. ReelPay has already been successfully demonstrated at EAG and ICE at the beginning of the year and this was one of the most popular new products that we had on display.”

Andy continued, “ReelPay has many benefits for players, Operators and Pub Retailers alike. Not only does it give customers more convenience and choice, it provides Operators with a cashless payment option to significantly optimise cashbox performance and revenues. The real Operator benefits of ReelPay come from our Live Collect system, which runs in the background providing real-time data and transaction reporting across machines and sites. It revolutionises collection routines and provides 24/7 machine audit traceabilityand performance. In addition, remote download of currency datasets and firmware is available saving both time and money. Reel based AWP’s use a standalone system with no need for any networking infrastructure. The system utilises one of our note recyclers (SMART Payout, NV11, or new NV22 Spectral) to pay-out winnings in convenient cash so single and multi-site Retailers can benefit as the cash generated stays within the pub/venue. Digital machines utilising the GBG standard industry protocol can transfer funds back to the app for a seamless player experience”

Concluding Andy said, “We are keen to ensure that ReelPay is in line with our commitment to responsible gambling for example there is a maximum £20 transfer per transaction ensuring player protection. In 2018, all the relevant tests were successfully passed before the app was made available and following positive trials in the UK, we are now ready to install ReelPay across the UK. Developed to get ahead of the growing cashless gaming trend, we fully expect take-up to increase significantly over the coming years.”

www.reel-pay.com

Oldham based, leading cash handling equipment manufacturer, Innovative Technology Ltd, are proud to announce that they have gained the Investors in People (IIP) accreditation. Investors in People is an official standard for people management which offers accreditation to organisations that adhere to the Investors in People Standard. The benefits of an IIP accreditation include the creation of better leaders, feedback you can measure, efficient structure with an effective team, continuous improvement, dedicated experts and allows organisations to define their culture, employee branding and carry out benchmarking.

Peter Dunlop, Group Managing Director, commented, “I would personally like to thank everyone who contributes to our unique people agenda, culture and values here at Innovative Technology. IIP accreditation is a great achievement for our organisation and gaining this accreditation clearly shows that our employees recognise our mission and values and feel looked after in the workplace. Our values fall into four main categories: innovation, collaboration, respect and drive and through our people and their commitment we push boundaries to deliver innovative products and services. The IIP endorsement emphasises the value we place on people management and values here at ITL.”

Tom Whiteside, People & Resourcing Manager, commented, “This is the first people-related recognition Innovative Technology has received and is a shared achievement for everyone to celebrate.  There were some real strengths which came through during the review and one which we are very proud of is the high level of understanding of our culture and values.  Other positives include that people feel trusted to make decisions and take responsibility, and how employees believe that ITL is always improving. We’re continually investing in our people - our most important asset – and the review found that their potential is recognised and that we’re committed to developing them through a range of learning and training initiatives. We appreciate the efforts of every single Team Member that made this happen. We’re now in the process of implementing further improvements and look forward to building on this important accreditation over the coming months and years.”