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Cashmaster strengthens European distribution in major partnership deal with SCAN COIN

Press release
June 2016

Cashmaster International, one of the leading companies in the global cash management sector, has confirmed a major new partnership with SCAN COIN, a member of the global SUZOHAPP group of companies.

Under the terms of the deal, SCAN COIN have secured exclusive rights to distribute the company’s latest edition of count-by-weight cash-counting products, the Cashmaster One series, in several European countries including the Netherlands, Belgium and Spain.

Gordon McKie, CEO of Cashmaster International, commented: “We are hugely excited by the recent launch of the new Cashmaster One range, and we perceive real growth potential within several existing and new markets. Our new partnership with SCAN COIN is a significant step for us in achieving this objective within Europe. It is evident that we share many common values with SCAN COIN including the importance of overall customer satisfaction, and high quality, robustly engineered and reliable products. We are delighted with this arrangement and we look forward to working closely with SCAN COIN in the period ahead”.

Eric Chappuis, Affiliated Product Manager of SCAN COIN, a leading European provider of cash management solutions, commented: “Count by weight money scales is a new product area for us but we have evaluated it fully and we are excited to be introducing the Cashmaster One range to our marketplace. The partnership will offer us exclusive rights to an industry leading product using the very latest technology and functionality in countby-weight cash-counting solutions. Its breadth of functionality across the range, intuitive easy-to-use menu system and multi-connectivity options allow for the most complex of cash management solutions“.

“Accuracy and accountability matter whether you have one outlet or hundreds feeding into a global infrastructure, suffice to say we believe that the Cashmaster One range will cover these requirements perfectly for our customers”.

The Cashmaster One series delivers a count-rate six times faster than manual counting alone and offers significant benefits to businesses seeking efficiency, accuracy and a fully customisable and bespoke solution tailored to their environment. There are three Cashmaster One models in the series, and functionality is tailored to all sizes of businesses ranging from Cashmaster One PRO for sole traders, Cashmaster One PLUS for small/medium enterprises and Cashmaster One MAX for large organisations.