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CoinCasher™ is the coin deposit system providing your customers with an easy way to cash in coins. And provides you with an easy way to create a new profit centre in less than one square metre.
People save coins at home Every year, more and more coins are produced and circulated worldwide. This is because, as studies in the US and Europe show, many consumers save coins at home, taking them out of circulation. A major part of the coins remains unused in jars, piggy banks or simply is lost into the drawer at the end of the day.
Retailers earn money AND offer appreciated service CoinCasher™ is an ideal way for retailers to take advantage of this trend. A CoinCasher™ ideally situated in your retail environment gives customers the incentive and opportunity to easily turn coins into cash for new purchases at your store, while avoiding inconvenient trips to the bank and the hassle of having to roll or separate coins. Considering that CoinCasher™ takes up less than one square metre of space, requires no investment in stock and minimal investment in maintenance and training, this provides you with an exciting new source for profit – one that is already proven in many markets.
Profit in more ways than one You choose the commission rate you want to charge for each transaction. But that’s just to start. CoinCasher™ offers many other benefits your store will profit from:
- Commission. You choose the commission to charge for the service in your market – in the US, the typical rate is around 9%
- Increased revenue. Experience shows that many customers use their new-found cash to make purchases in-store.
- Increased store traffic. Customers like self-service options. Studies show they will go out of their way to shop at stores that have them
- More profit per square metre. CoinCasher™ takes up very little space, 0.34 sq.m. of floor space, yet generates exceptional revenue
- Return on investment. CoinCasher™ repays your initial investment more quickly than most vending machines – no new stock purchases or wasted time refilling.
Customising and support CoinCasher™ is provided as a recommended base unit (based on SCAN COIN's well-proven Cash Deposit Systems), but can be tailored to your business’ unique needs with a number of modular enhancements. For instance, you can add a sorting option that automatically organises different coin denominations, addition of colour screen, various types of card readers etc. |