The MEI Banknote Recycler for Parking Kiosks

- Switzerland, Europe

The MEI BNR (Bank Note Recycler) is designed to provide an efficient cash handling solution for automated revenue collection within Parking. Linking MEI's industry leading cash accepting technology with a robust two, three or four denomination recycling system, it is field-proven in numerous Parking environments around the world to increase profitability.

Its pioneering modular design and customisable configuration make it ideal for Parking applications that require high performance, maximum uptime, security and the ability to provide change to customers in four denominations ($1, $5, $10 and $20).

The Swiss designed MEI BNR has been engineered to provide all of the cash handling ability of a traditional bill acceptor within a Parking Kiosk but with the added benefit of being able to store accepted bills for use as change for the next customer. This eliminates the need to have a separate & costly bill dispenser for this task. Not only does this reduce the number of separate components requiring management and servicing, it also allows for a smaller footprint overall for the Parking paystation kiosk. In addition, the consumer benefits from having one small zone in which they make payment and also receive change – an ergonomic step forward.

In another step forwards for Parking Paystation technology, the BNR four recyclers allow debit card cashback to become a real option for customers. Thjs emerging trend allows those paying with their debit card to be offered the option to receive “cashback” as part of their transaction, using those bills already stored inside the MEI BNR. This desirable feature for Parking customers also makes best use of the available cash stored within the Paystation, ensuring that the cash paid by one customer can be put to work for another. This also minimises the number of times cash collection and counting needs to take place, thus reducing costs for the Parking operator.

MEI BNR’s modular configuration enables it to be tailored to the exact needs of the Paystation designer. The product can be supplied in bill acceptor mode with multi-note escrow, ready to be upgraded in the field at a future point simply by inserting the correct module. Or, where cash recycling is already demanded the MEI BNR can be supplied with upto 4 recyclers, plus full escrow, and with a variety of cashboxes to suit all needs. Check out www.meibnr-transport.com to see how your specific needs could be met by the flexible MEI BNR solution.

About MEI: MEI Inc

MEI systems are relied upon for more than 2 billion transactions per week in over 100 countries. The company developed the first electronic coin mechanism in the 1960s followed by the first electronic non-contact bill acceptor, and more recently the vending management system. Today MEI has the largest worldwide installed base of unattended payment mechanisms. MEI reached a milestone of selling more than four million bill acceptors and five million coin mechanisms worldwide. Its products are in widespread use in the Parking, vending, soft drink, gaming, amusement, transportation, retail, and kiosk markets. For more information on MEI and its products, visit www.meigroup.com or call 1-800-345-8215

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