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The piles of small change that people accumulate at home add up to big potential for banks. CoinCasher™ is the coin deposit system to unlock that potential by providing your customers with an easy way to cash in coins.
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.
Banks earn money and offer appreciated service CoinCasher™ is an ideal way for banks to take advantage of this trend. A CoinCasher™ ideally situated in your environment gives customers the incentive and opportunity to easily turn coins into cash.
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.
CoinCasher™ – a profitable investment CoinCasher™ is an attractive self-service alternative that can offer several pathways to profit, such as a better allocation of staff resources to more profitable activities.
- Attracts new customers
Offering the benefits of CoinCasher™ demonstrates a clear commitment to customer service. It provides a popular service that attracts new customers, acts as a “door-opener” for other services and gives the bank a competitive edge on rivals.
- Cost-effective cash handling
With CoinCasher™, the bank can minimise costly, labour-intensive coin deposit handling and release staff to concentrate on more profitable activities.
- Improved customer service
The bank can provide coin deposit facilities 24/7, offering the customer a convenient alternative to manual cash transactions during limited bank opening hours.
- The commission option
One option for banks is to charge a commission for the coin deposit service, deducted from the counted value. This could be applied to customers who do not deposit their money into one of the bank’s accounts or to noncustomers who exchange their deposit receipt for cash.
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.  |