03/03/2017

Crane Payment Innovations International Ltd.

Small Retailers Across Europe Implement CPI’s Cash Management Technology

Crane Payment Innovations' embedded solutions automate cash handling to optimize efficiency, reduce shrink, and deliver significant savings to small retailers

MALVERN, PENNSYLVANIA – March 2, 2017 – Crane Payment Innovations (CPI), a Crane Co. Company, will showcase its automated cash management products at the World’s #1 Retail Trade Fair: EuroShop, March 5-9, Dusseldorf. Discover how automating cash transactions will add up to significant savings over time.

Small retailers are taking action to implement cash automation solutions, enabling staff to focus on delivering a higher level of customer service while experiencing cost savings.  "The speed and performance of today's technologies enable small retailers to automate every aspect of the cash handling process," cited Jan-Hinrik Bauwe, VP & GM of Retail at Crane Payment Innovations. "From self-checkout in grocery to pay station solutions for small shop owners, CPI's cash management products are in use today by retailers and shop owners worldwide.”

TheStreet forecasts that the adoption of retail technologies that deliver operational efficiency, improve margins and optimize the in-store experience is growing. Crane Payment Innovations' affordable cash management technologies deliver a rapid return on investment by slashing transaction times, minimizing shrink and reducing the time shop owners spend balancing and replenishing tills. 

Wherever Cash Is Handled, Retailers Worldwide Count On CPI Solutions 

CPI delivers unmatched value to retail operations offering fast, accurate cash management in a variety of market segments, from small bakeries to Quick Serve Restaurant chains, from tobacco shops to large Grocery stores. 

What's on Display? 

At EuroShop, you'll see CPI's latest cash-handling products displayed as part of in-lane solutions, front counter pay stations, payment kiosks and the newest smart safe applications, delivering improvements in labor cost, cash shrink and operational efficiency. 

Note Recyclers: Powered by sensing technology used in over 2 million units worldwide, CPI's next-generation SCR Advance™ Banknote Recycler offers best-in-class note recycling 2-denominations in a compact package. The BNR Bank Note Recycler is a robust 4-denomination solution, providing greater security in high performance environments. 

Coin Recyclers: Noted for its high-speed and compact format, the newly released CLS Coin Recycler offers store operations a cost-effective way to offset rising costs through reduced shrink and improved staff productivity. Designed specifically for retail, the BCR Coin Recycler offers bulk input of coin in a high capacity system. 

Coin Dispensing: The top selling coin dispenser worldwide, the T-Flex™ Coin Dispenser reduces transaction time at the register to serve more customers during peak hours and improve overall operational efficiency. 

Retail Smart Safe Offerings: For retailers who need to secure high volumes of cash, CPI's smart safe solutions offer fast and efficient cash management for bank note and coin handling. Major retailers have gained the high acceptance rates and unmatched reliability of CPI's electronic retail safe offerings.

For more information, visit Crane Payment Innovations at EuroShop 2017, Stand 6B24, or visit www.CranePI.com. Inquiries may be directed to sales@CranePI.com 

About Crane Payment Innovations 

Crane Payment Innovations provides a full range of unattended payment solutions for Gaming, Retail, Transportation, Vending and Financial Services applications. CPI is built upon the technological heritage and market expertise of the NRI, CashCode, Telequip, Money Controls and, most recently, MEI and Conlux brands. 

CPI works in partnership with valued customers to enhance its portfolio of high-quality payment solutions - from coin and bill processing to cashless systems and asset management software. 

CPI is headquartered in Malvern, PA with additional offices, manufacturing facilities, distribution and service centres worldwide. The company holds one of the world's largest installed bases of unattended payment systems. 

Crane Co. is a diversified manufacturer of engineered industrial products. Crane Co. is traded on the New York Stock Exchange (NYSE:CR). 

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