Cummins Allison, the leading innovator and provider of coin, cheque and currency handling solutions, has introduced the Money Machine™ Self-Service Coin Counter for the Canadian market. The Money Machine is an essential service delivery tool for coin processing whether placed in retail or a banking environment. Once customers realize that this service is available, they generate repeat business for redeeming their jars, boxes and bags of coins.

Money Machine self-service coin counters are the fastest, high-capacity coin processors in the industry, providing precise coin counts – 99.995% accuracy – and 98% uptime. This translates into worry-free operations, less time managing coin processing and more time focused on customer needs.

“This really opens up possibilities in banking and retail markets,” says James Stearns, executive vice president, Cummins Allison. “Customizable options provide flexibility to suit your operational and promotional needs. Selecting the Money Machine for your coin-counting needs ensures your customers receive a level of service excellence above reproach.”

BMO Bank of Montreal has previously selected Cummins Allison self-service coin counting machines for use in many of its new branches, as well as in select remodeled branches across Canada. Cummins Allison high-speed self-service coin machines are able to count mixed Canadian coins at a rate of up to 4,000 per minute. After coins are deposited, the Cummins Allison coin redemption machine issues a receipt for the total, which can then be exchanged at the branch for cash or deposited into a bank account.

"The user experience is simplified, coin counting is fast and daily reconciliation is effortless," added Stearns. "Making it easy to provide a coin deposit service that pays for itself."

A large 15” colour touch-screen guides customers through the coin-counting process. Custom graphics, images, and multi-lingual text give you the flexibility needed to promote products and services as well as cater to a diverse audience.

For more information on the Money Machine, visit http://www.cumminsallison.ca/coincounter.

About Cummins Allison

Cummins Allison is a global leader in developing technologies which count, sort and authenticate currency. The U.S.-based company has a 125 year heritage of leadership in technology and product innovation and currently serves the majority of financial institutions worldwide, as well as leading organizations in retail, casinos, law enforcement and government. The company holds more than 350 U.S. patents and has ongoing research and development (R&D) investments double the industry average. Cummins Allison is headquartered near Chicago, IL with R&D centers near San Diego, CA and Philadelphia, PA and wholly owned subsidiaries in Canada, the United Kingdom, Ireland, Germany and France. The company also has an extensive sales and service network with more than 50 offices in North America and is represented in over 70 countries. For more information, visit www.cumminsallison.com.