Designer and distributor of automatic cointers, a collection solution adopted by a certain number of businesses in Reunion, Cashmag is today a company whose products are present in more than 100 countries.
Cash registers have evolved to become real control centers for merchants. Plus design, digitalized, tactile and interconnected, today's cash register integrates more and more new technologies. One of its innovations is the automatic coin mechanism. Behind this collection solution, the French designer and distributor CashMag. Founded in 1942 in the south of France in Toulon, Cashmag now develops and markets coin acceptors and cash collection and management software for local businesses.. Covering the broad spectrum of coin acceptors, pioneer in its market, the company today has several agencies in France as well as numerous distributors on the national territory, in the French Overseas Territories and internationally. Cashmag, it’s also more than 10,000 customers, 11 coin changers, two global patents and a presence in more than 100 countries.
The democratization of coin mechanisms 2.0.
Often reserved for bakeries, coin acceptors have been democratized by Cashmag in order to offer a product and a management solution adapted to all local businesses and services : butcher's shop, veterinarian, florist, pool, schools… In 2016, following the launch of its Cashmag Connect software, the company has enabled local businesses to integrate coin acceptors into any payment solution. Whether on Windows, Android, or IOS, Cashmag integrates with all systems. “Thanks to CashMag Connect, we can interface with all kinds of POS systems. This makes it possible to offer coin acceptors to all businesses., whatever the sector of activity” specifies Matthieu Limon.
Benefits for traders
The integration of a coin mechanism helps limit internal theft (the famous “unknown markdowns“). No more handling of coins and notes. No more risk of errors in giving change. Thanks to the coin mechanism, the merchant concentrates on selling products without worrying about collection. Collection management is simplified thanks to connected software: no more cash register errors and daily reports. Several types of coin mechanisms meet the different needs of merchants : integrated, adaptable, borne, instant, plug&play, simplicity, compact . The design makes it possible to integrate the equipment at the point of sale. Finally, It is a hygienic solution for currency exchanges in local shops.
