Cummins Allison, the leading innovator and provider of currency, coin and check handling solutions, recently announced the introduction of new offerings for grocers interested in leveraging the benefits of self-service coin machines to grow their business and increase their bottom line.Coin redemption is good business and has steady growth.1 In fact, over 18 million U.S. households redeem an average of $200 per year at grocery stores.2 Cummins Allison now offers a choice of four programs to address the unique needs of the grocery industry, where floor space is valuable and capital is precious. With more options and opportunities, grocers can select the coin counting solution that will deliver the most profit per square foot.
Flexible Choices Increase Profitability Potential
Today’s customers expect grocers to have a self-service coin machine. Yet, not all grocers can or want to purchase a coin counting machine. With Cummins Allison, now there are more options to choose from so grocers can easily add this valued service to their store.
Placement: This option requires no investment, instead Cummins Allison places the coin counter free of charge and manages the entire coin counting solution for you.
Lease: Reap the value of buying and realize potential tax benefits without the capital investment.
Rent: With a fixed monthly payment, grocers can count on a fixed expense and the ability to set user fees and retain those profits.
Own: Grocers can maximize long-term profitability and return on investment (ROI) through self-service coin machine ownership.
Turnkey Coin Management for Maximum Efficiency
Cummins Allison also offers a complete Coin Management Program that is a turnkey coin pickup and processing solution managed by Cummins Allison—eliminating the time-consuming task of coin handling so store associates are free to focus on more valuable service-related activities. Grocers can also choose to process coin at the store for recycling. Coin counters can be customized with the grocer’s brand, packaged with ready-made graphics or used in their standard housing. With more options than any other provider, Cummins Allison enables grocers to select among the right program that works for them.
“We’re allowing grocers to customize how they add coin counters to their stores, how the machines look and how they process the coins—it’s complete flexibility,” said Jim Weaks, vice president, Cummins Allison. “Our procurement choices give grocers complete control to select the option that best meets their business objectives. We now have very flexible programs to complement our high-quality, customizable self-service coin machines. With over 20,000 coin counters in operation daily, we can help your stores increase revenue and keep your customers happy.”
For more information on how grocers can take advantage of the different programs, machine options and coin management programs, visit cumminsallison.com/change.
CoinNews.net: US Mint Coin Production in April: New Quarter and $1 Coin Mintages; May 2013
Branmark Research Report, 2011.
About Cummins Allison
Cummins Allison is a global leader in developing solutions that quickly and efficiently count, sort and authenticate currency, checks and coin. With a heritage of leadership in technology and product innovation spanning more than 125 years, Cummins Allison serves the majority of financial institutions worldwide, as well as leading organizations in retail, gaming, law enforcement and government. Ninety-seven percent of our customers recommend our products and services. CA holds more than 350 U.S. patents and invests double the industry average in R&D. Our world-class sales and service network includes hundreds of local representatives in more than 50 offices in North America, 4 wholly-owned subsidiaries in Europe and is represented in more than 70 countries around the world. For more information, visit cumminsallison.com.