Maggi Electronics – Currency switch as easy as ABC

Coinslot Maggi Electronics
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Maggi Electronics has positioned itself as a one-stop shop for everything currency related, as the industry continues the switch to new notes and coins.

As a leading repair and service centre Maggi Electronics continually repairs, reprogrammes, updates and supplies a number of Crane Payment Innovations (CPI) and Innovative Technology products.

As the Bank of England expect, more than half the £5 bank notes in circulation have to be switched for the new and improved polymer notes by January 2017, until the legal tender status of older notes will be withdrawn on 5 May 2017. For all those operators within the cash handling sector, now is the time to prepare. The NV9 USB+, NV10 USB+ and NV11+ are the perfect solutions for all who require an upgrade. The NV9 USB+ banknote validator, possessing enhanced sensing technology and a high acceptance rate for multi-currency, is a versatile banknote validator with cashbox and bezel options to suit all applications. The NV10 USB+ is a compact, stackerless banknote validator suitable for most applications. One that is ideal for amusement and vending applications. The NV11+ is a market leading, compact note recycler. Combining an NV9 USB+ banknote validator and ‘Note Float’ payout unit that can store and recycle up to 30 notes. With these note validators and the technical gurus at Maggi Electronics, currency conversion can be as easy as ABC.

 

“We are giving operators numerous options during these currency changes, where our flexibility is key. I would highly recommend operators to act now.”

 

The Royal Mint have announced after Autumn 2017 businesses will no longer be able to accept or distribute the existing round £1 coin. Paul Yorke (operations director) advises: “We are giving operators numerous options during these currency changes, where our flexibility is key. I would highly recommend operators to act now.”

With a recorded total of 2.2 billion £1 coins manufactured back in April 1983, to today’s 1.5 billion remaining in circulation, it is easy to believe 45 million are counterfeits. “We here at Maggi Electronics are ahead of the clock! Are you? With only a six-month period when both the old and new coins in co-circulation, time is of the essence for those requiring upgrades,” said marking co-ordinator Stephanie Smith.

Get Ready or Be Ready with the NRI v2 Eagle and the v2 Colibri. The NRI v2 Eagle coin validator has improved validation technology in a 5 inch format, incorporating the unique MFT (Multi Frequency Technology) validation technology and additional coin sorter control sensors. The v2 Colibri coin validator offers best-in-class MFT coin validation technology for the highest coin security. Several versions of the v2 Colibri are offered best to suit many applications. Not sure which is the right product for you? Contact Maggi Electronics technical gurus or Sales Team who will point you in the right direction.


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