In response to building interest in cash security in the gaming sector, Innovative Technology has developed ‘TEBS’, a system that allows for full traceability from the point of sale to the bank.
As operators become increasingly aware of the importance of cash handling security, Innovative Technology has introduced the Tamper Evident Bag System (TEBS), a state-of-the-art cash-in-transit system that promises to revolutionise how cash is handled.
After a banknote has been validated and accepted by the system it is directed into a secure tamper evident cashbag, each of which can be identified by an individual barcode that, when scanned, will show the exact amount of cash inside.
The security of TEBS is rooted in its ability to deter and eliminate physical cash handing: once cash has been input into the machine, it is not touched again by human hands until it has reached the bank or corporate sorting office.
“The system was developed to allow closed-loop accounting by minimising the number of times that cash is handled by staff and transport companies”
In keeping with the modular design of other ITL products on the market, the TEBS unit can be modified to offer a note recycling function, delivering unrivalled mixed denomination note recycling that maximises cash efficiency and reduces the float levels required to keep machines operational.
“The system was developed to allow closed-loop accounting by minimising the number of times that cash is handled by staff and transport companies,” said ITL’s senior business development manager, Andy Bullock. “This allows for full traceability of cash from the point of sale, so companies can always know how much cash is on site.
“Additional security features include a ‘dual-lock’ system that requires two keys (one physical, one electronic) held by separate individuals to open the TEBS unit.”
The technology to connect multiple TEBS units will soon be made available by ITL and will allow retailers to be aware of the current state of cash throughout their store, providing information on cash levels in each unit.