> News & Events > News > Innovative Technology’s Twin SMART Coin System debuts at EuroCIS 2018

Innovative Technology’s Twin SMART Coin System debuts at EuroCIS 2018

Innovative Technology Ltd (ITL) will be joining industry professionals next month at EuroCIS -  the Leading Trade Fair for Retail Technology. ITL will have their innovative range of retail cash handling products on display at the event which takes place in Dusseldorf, Germany from 27th February to 1st March 2018. Visitors can find ITL at stand number 9A19 where they will proudly showcase the Twin SMART Coin System (a bulk coin feeder, twin hoppers and recycler combined) to the retail market for the first time.

Thorsten Labusch, VP of Sales & Business Development commented, “We are delighted to be back at EuroCIS again this year, the show attracts such a large number of visitors from around the world, it provides the perfect opportunity to showcase our innovative cash handling products for retail and self-serve applications. We are particularly excited to be showing our latest innovation, the Twin SMART Coin System, at the show.  This product is designed specifically to meet the needs of the high-volume retail market as it combines a bulk coin feeder & validator with two mixed coin hoppers & recyclers in one single unit, eliminating the need for multiple coin payout devices. It validates, discriminates and stores mixed denomination coins with a market leading coin capacity and payout speed ideal for high volume applications.This is an excellent addition to our SMART Range and with an excellent ROI the Twin SMART Coin System is a valuable investment for the retail market. It’s high level security, using the latest multi frequency sensing technology, will be especially attractive to this industry.”

The NV200 Spectral, ITL’s flagship product, will also be centerstage on the stand. NV200 Spectral - the most technically advanced note validator in its class uses state of the art sensing technology to offer complete note image capture (highest spectral coverage) to authenticate the validity of notes. The unit boasts 99%+ first time acceptance of new and street grade notes with a note to note processing time of 2 seconds.  It also delivers outstanding fraud protection by using optical and mechanical anti-strimming technology.  

Thorsten continued, “We will also have SafeCash Collect (SCC) on display for visitors to demo. The unit combines a secure tamper evident cash bag system with live data and reporting software and is ideal for the convenience store market. SafeCash Collect utilises our NV200 note validator head with a tamper evident cashbag (TEBS), where uniquely barcoded cashbags provide full audit traceability, eliminating shrinkage and accounting errors.  The SCC cloud-based software package provides live data and reporting detailing cash activity, collections and CIT as well as allowing quick and easy remote updates making it ideal for the retail market. I look forward to seeing everyone at the show to present our real cash handling innovations.”

Join the ITL team at stand number 9A19 to learn more about their retail cash handling product range.