News

MEI launches XL capacity cashbox

April 13, 2011

MEIhas introduced CASHFLOW SCXL, which includes a cashbox capable of holding up to 2,200 notes. According to a company press release, the increased flexibility expands the SC cashbox portfolio to four different capacities — 600, 900, 1,200 and 2,200 —  and allows operators in many different industries to specify the right product for individual application needs.

"This is another example of MEI meeting customer demands," said Eric Fisher, MEI senior vice president, Americas, in the press release. "We continue to listen to our customers for ideas of how to continuously improve our products.

MEI has developed several products to surround the reliable CASHFLOW SC with a portfolio of modularized solutions for a cash-management program, according to the release. MEI also has introduced:

• CASHFLOW BNF, a bunch note feeder that allows users to insert a stack of up to 30 notes in the BNF tray instead of feeding notes one-by-one. This innovation allows newfound efficiency by allowing in-store cash personnel to multi-task, including focusing on the customer.
• EASITRAX Soft Count, an integrated software/hardware solution that utilizes RFID technology to place information collected from the note validator into a database that can be networked to multiple locations and accessed to analyze performance. This solution is now integrated in more than 65,000 CASHFLOW SC units worldwide.

With more than 1 million CASHFLOW SC units already in the field, MEI has proven its ability to provide value to operators with the highest acceptance rates, unrivaled security, best jam performance and lowest cost of ownership in the industry, Fisher said in the release.

"Operators are painfully aware of the costs associated with processing cash," he said. "MEI's goal is to continue to raise expectations for automated payment systems – expanding the value derived from CASHFLOW SC by providing our customers additional tools toward a comprehensive cash management system."