In the fast-food sector, managing cash payments is a major concern. Cash register errors, the risk of theft and transaction efficiency are all challenges that restaurateurs face on a daily basis. The use of an automatic coin acceptor integrated into the POS system can optimize cash management and guarantee a smooth experience for your customers. Not only does it improve transaction speed, it also ensures greater security by reducing the risk of errors and theft.
What is an automatic coiner?
The automatic coiner is the ideal solution for managing your cash payments.
Definition
An automatic coin acceptor is a cash management system that processes cash payments (coins and banknotes) from customers, checking and giving change automatically.
Usually placed on the counter, the automatic coiner calculates the amount of change to be given and dispenses the appropriate coins and bills from storage tubes or drawers.
Synchronized with your cash register system, the automatic coiner records all transactions, for accurate, easy cash management.Â
The different models of automatic coiner
The automatic coin-operated models have different features:
- Validation speed: Validation speed refers to the time required by the coin validator to verify the authenticity of inserted coins and banknotes. Depending on the model, the speed varies from 1 to 2 seconds per coin or banknote.
- Return speed: The time taken by the coiner to return the change varies from 1 to 3 seconds, depending on the model and technology used.
- Storage capacity: Storage capacity refers to the maximum number of coins and banknotes that the coiner can hold, ranging from a few hundred to several thousand.
- Dimensions: Coin-operated units can measure from 30 cm to over 1 meter in height, with variable width and depth for ergonomic use in different spaces.
- Design: usually white or black, some models are available in stainless steel or other materials for added durability and a unique aesthetic appearance.
Some models of coin-operated machines can also be equipped with additional options: printer for receipts, surveillance camera, POS terminal for CB payments, WiFi connection for real-time data transmission, etc.
Shops concerned
Ideal for the fast-food sector, cash registers are ideal for all professionals who need to manage transactions quickly: fast-food outlets, food courts, snack bars, etc.
👉 To find out more: The different means of payment in fast-food restaurants
What are the 6 advantages of an automatic coiner?
In the fast-food sector, automatic coin-operated machines are a real asset to your point of sale.Â
1. Increased safety
The coin-operated machines are equipped with features that guarantee transaction security: burglar-proof system, key locks, surveillance cameras to prevent theft and robbery.
2. Reduce checkout errors
Counterfeit bills, incorrect change, attempted fraud... cash register errors are common. With an automatic coiner, transactions are safe and error-free. By automatically processing change instead of your staff, the coiner puts an end to miscalculations at your point of sale, and guarantees you a fair cash flow at the end of the day!Â
👉 To find out more: How can you avoid cash register errors in your restaurant?
3. Improved customer experience
With an automatic coin-operated machine, cash-ins are fast and efficient, thanks to transaction processing in just a few seconds. Automatic coin changers reduce waiting times and improve the customer experience. Don't waste time recounting and giving change: devote it to your customers for welcome, service and advice.Â
4. Save time on day-to-day management
By being synchronized with your cash register, le monnayeur saves you time opening and closing your cash register. Transactions are automatically recorded for accurate, error-free cash flow.Â
5. Ease of use
Featuring a simple, fluid interface, the coin dispenser is easy to operate. On the customer side, the coin and banknote insertion and dispensing area is easy to locate. The screen guides customers through each step of the payment process. On the employee side, the coin acceptor simplifies transactions by integrating directly into the restaurant's cash register system.
6. Enhanced hygiene
In the catering sector, hygiene is a fundamental issue. Limit your employees' exposure to germs carried by coin handling, and maintain a healthy environment at your point of sale.
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How to choose the right automatic cash dispenser for your restaurant?
Find the right model for your outlet and your real needs:Â
- Depending on your layout: there are coin changers that can be built directly into your countertop, or more compact coin changers that can simply be placed/fixed on top.Â
- Depending on the number of transactions per day: coin-operated machines can store more or less coins and banknotes, depending on your flow.
- Depending on your cash register software: for optimum cash management, choose coin acceptors that can be linked to your cash register system (Windows, Apple, Android, etc.). Â
- Depending on your budget : prices range from €5,000 to €15,000. Alternatively, it can be leased for a few hundred euros a month.Â
- Depending on the installation, maintenance and after-sales services offered : choose a supplier who will support you in the installation, maintenance and daily care of your coin box.Â
👉 See also: Guide: choosing the best cash register software for your restaurant
Testimonials from restaurateurs who chose the Innovorder automatic cash dispenser
Peggy, BChef franchisee in Perpignan
Peggy's restaurant is located in Perpignan's SNCF train station. She has to deal with a clientele that is often in a hurry at all hours of the day (passengers, tourists, office workers, hospital night shifts, etc.). She chose Innovorder to install her automatic coin acceptor: " My coin acceptor collects 50% of cash receipts.As it's synchronized with my cash register, I save 30 minutes a day on opening and closing the register, as all my transactions are recorded without error ".Â
👉 Read Peggy's full testimonial in our white paper dedicated to the BCHEF franchise.
Safa, project manager for Chamas Tacos in Valencia
Safa Martin, project manager for the French taco chain, chose Innovorder's digital solutions to equip her outlets: " The Innovorder coin acceptor means we can no longer make mistakes when giving change, and provides real security when cashing out. It's a real asset for our teams!
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Would you like to know more about our automatic coin changers? ‍‍
Contact a fast-food expert to equip your establishment with a coin acceptor connected to your cash register software.
