Contactless Cash Payment
Internal Solutions New Format
C u b e I Q
Enabling Technologies for Financial Services
Contactless Cash Payment
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Paypod™: Contactless Cash Payment
Paypod™ is placed discreetly in the cash register area, on the counter top or embedded, and interfaces with the MS Windows™ based POS, taking over the full cycle of cash payments and cash returns, with an advance cash recycling technology, without requiring cashier contact with banknotes or coins.
Paypod™ accepts payments in € - Euro banknotes and coins and optional in other currencies, which the authenticity is initially validated, using a sophisticated counterfeit mechanism, EBA certified and then stored in a secure box inside the machine metal cabin.
_ Choose your Model Highly-engineered technologies from CPI in one easy to install system deliver the ultimate ease in payment automation. | |
PAYPOD™ HYBRID • On the counter mounting •7" customer display • Components accessed by doors on front and top | PAYPOD™ EMBEDDED • Under counter mounting • Components mounted to a sli |
All units include: • POSlinq™ software instantly connects with any Windows® point of sale system to manage cash transactions • Universal API alternative for integration with both Windows and Linux systems • Industry leading note recyclers deliver fast, secure cash validation • High speed coin recyclers increase throughput and efficiency |
Application in:
• Bakeries & Cafes• Convenience Shops• Pharmacies• Fast Food• Bar & Restaurants
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Cash Payment Technology
Paypod™ combines multiple highly engineered technologies into one easy-to-install system that delivers the ultimate ease in payment automation. Handles and manages every part of your cash payment, from counting to giving change - and, all from one secure location.
Paypod™ empowers retailers by establishing more visibility with each transaction, creating more security and improved accountability for your business, saving time and money.
Paypod™ software application informs the store manager about banknotes and coins stock with amounts and denominations, payment and return transactions, shortage or surplus values and cashiers’ end-of-shift totals.
• Employee Time Saving (average 40 hours/month)• Increased Transaction Speed (average 11 sec less)
• Reduced Cash Lossess (average 1.5% - 3% of daily
cash)
Operations
• Management of all cash transactions• Acceptance & Validation of all notes and coins• Instant provision of change• Connection to POS system• Rejection of counterfeit currency
Contactless Cash Payment Advantages
• Reduces transaction time by 7-11 sec per transaction.
• Accelerates the efficiency of each POS by reducing the queues, the operator only takes orders.
• Prevents mistakes (intentional or not) in the customer's change.
• Employees interacts with the customer and not handling the cash.
• Eliminates the risk of losses through the cash drawer (cash shrinkage)
• Reduces cash handling time in terms of preparing shifts’ cash, frequent visits to the bank etc.
• Easy and fast shift change.
• Many points of sale one automatic Paypod payment point.
• Employees do not contact cash and therefore the risk of a virus transfer to of from the customers is minimized or even eliminated
• Short ROI due to reduced working hours, operational efficiency – increase the number of transaction per employee and minimize cash shrinkage.
• Machine ROI on an average is less than 12 months.
• Increase of company reputation and image related to better customer service quality and ινψρεασεδ customer safety against hygiene issues (Pandemic).