MEI Cash Recyclers
Cash Recyclers
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A staggering 65% of consumers carry either $1 or $20 bills but nothing in between. According to the U.S. Mint, 31% of all currency in circulation today is the $20 bill and 46% is the $1 bill, while all other denominations have circulation levels well below 12%. Coupled with the fact that higher denomination bill acceptance leads to at least a 20 percent increase in overall vending machine sales…and it’s a no-brainer. Accepting higher denominations unlocks consumers’ wallets and makes it more convenient to buy. MEI’s cash recycling bill validator accepts all denominations from $1 to $20, and stores either $1 or $5 bills for use as change for future purchases, preventing changer starvation. The MEI CASHFLOW® VNR features the industry’s only high-visibility bezel that easily indicates to consumers which denominations are accepted using bright, low-powered LEDs. The earliest adopters of the technology report sales lifts as high as 75 percent and ROI in as little as six months. Cash recycling is improving sales, enhancing customer satisfaction, eliminating changer starvation, and saving money. Related Content |
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