How the CASHMAG algorithm works
CASHMAG cash recyclers favor change back on high stock coins, saving on low stock coins, while carefully returning an acceptable amount of coins to your customer.
Example of change back
Example of a 4 € sale with a 5 € note inserted by the customer, change back amounts 1 € and the stock is:
- With the conventional change back system, also know as « greedy mode »:
Change back will be 1 coin of:
This will be thus lower the stock of 1 € coins. This method forces the business owner to go get new 1 € coins from the bank, and bring back 0.50 € coins which are now in excess.
This method, yet simple in appearance, makes life more complicated for the owner and increases useless trips to the bank.
- With CASHMAG algorithm:
The software returns change in 2 coins of:
This way, 1 € coins get spared while 0.50 € coins naturally offload.
The business owner then needs less trips to the bank. It increases his autonomy to several days or even weeks and makes his job easier.
- Secure rear access
- Automatically rejects counterfeit notes and coins
- Compatible with all available softwares
The CASHMAG 5R is the cash recycler that offers rear access. This system saves you precious time. No need to go around your counter to operate it.
All cash operations happen behind your sales area. This way, your cash proceeds are to your eyes only.