Home » Products / Solutions » Cash Recyclers

What is a Cash Recycler?

A cash recycler is a system that automates the process of accepting and dispensing cash.  A cash recycler also stores cash securely, while keeping an accurate account of cash on hand. Typically, cash recyclers are used in back office cash rooms of multiple retail environments, including big box retail, warehouse clubs, and grocery stores.  They are also used in other verticals where high volumes of cash are present – including hotels, casinos, sports stadiums, and amusement parks.

Cash recyclers provide unique features enabling convenient automation of back office cash processes.  These include the note feeder, where notes are inserted by the user.  Once the notes are accepted, they are automatically counted and recorded, and then placed into separate recycling cassette that can dispense cash for future transactions.  A cash recycler also comes equipped with a deposit cassette that is designated for notes that are not to be reused.  Notes placed into the deposit cassette are typically higher denomination notes that the store doesn’t wish to recycle.

Cash Recyclers

Cash Recyclers

Benefits of Cash Recyclers:

Cash recyclers can enable impactful benefits to retailers who choose to implement them. These can include:

  • Accelerated start and end of shift processes
  • Increased cash visibility
  • Minimized store float
  • Reduced incidences of theft
  • Reduced CIT and banking fees
  • Better usage of in-store labor

Cash recyclers can vary across a broad spectrum of features and functionality, including note recycler capacity, note deposit capacity, processing speed, ease of use, serviceability, and others. For a retailer to realize the greatest benefits from a cash recycler, it is important to align with a provider that can facilitate an in-depth study of their current cash environment, in order to recommend the right sized solution enabling the highest return on investment.

Which Cash Recycler Is Best For You?

The type of cash recycler you chose depends on several factors: number of registers, cash volume, frequency of bank deposits and pick-ups, number of employees handling cash, and type of business, to name a few. View this document to learn more about the choices you have in selecting a cash recycler.

 

Additional Cash Recycler Information

Image of Grocery Store Shopper Representing Cash Automation in the Grocery Market

The Importance of Cash Automation in the Grocery Market

Grocery stores have always been an essential business, but in a COVID-19 world, they’ve proven to be even more indispensable as restaurants closed their doors to accommodate social distancing orders. As grocery stores became some of the few businesses open in their...
Image of Students on Campus Representing the Benefits of Cash Recyclers for Colleges

It’s Time for Colleges to Get Educated on the Benefits of Cash Recyclers and Smart Safes

Millennials, the generation that grew up during the Great Recession and that socialize more online than off, are assumed to be the beginning of the end for cash. If not them, then surely Generation Z. Where better to observe this in action than America’s college and...
Image of Customer and Grocery Store Clerks Representing Labor Market at the Retail Level

Minimum Wage Pressures and a Tight Labor Market are Driving the Need for Automation at the Retail Level

According to the Labor Department, the unemployment rate in the U.S. recently fell to 3.6%, the lowest level it’s been since 1969. While good news for those seeking jobs, this tightening labor market makes it more challenging for companies to hire and retain...
Infographic Explaining How Tidel Products Help Managing Cash Heavy Venues on Campus

Managing Cash Heavy Venues on Campus

Even on college campuses, where it seems like a debit card is swiped every five minutes, cash is still the most popular payment choice for in-store purchases less than $20. On any college campus, there are multiple points of sale where cash transactions occur....
Image of Entertainment Venues, Amusement Parks and Cash Management

The Amusement of Cash Accountability

Amusement parks are cash-intensive businesses, with cash exchanged at seemingly every turn. From the parking lot and front gate, to the concession stands and restaurants, to the boardwalk and gift shops, cash is still the most frequently used payment instrument...

Benefits of a Tidel Cash Recycler: Reduced Banking and CIT Fees

Cash recyclers help automate cash handling processes for high transaction retail organizations. Deploying a cash recycler avails numerous benefits to a store, one of which is a reduction in third-party fees, such as those pertaining to CIT providers and banks. Cash...

Benefits of a Tidel Cash Recycler: Freed Up Working Capital

Cash handling processes are an important part of the daily routine of many organizations. Automating such processes with a cash recycler makes these tasks much more tenable. Cash recyclers not only recycle notes to be used in the store’s daily operations, they can...

Benefits of a Tidel Cash Recycler: Improved Accuracy and Accountability

Managing high volumes of cash can have its challenges, especially for organizations that are still adhering to manual processes. Cash recyclers help automate such processes while introducing additional benefits to a store’s operations. One such benefit is improved...

Benefits of Cash Recyclers: Accelerated Start and End of Shift Processes

Cash recyclers help automate processes for companies handling large volumes of cash each day. There are several benefits to this technology, one of which is reduced wait time in the cash room for employees at the beginning and end of their work shifts. These processes...

Environments Optimally Suited for a Cash Recycler

Institutions that handle large volumes of cash on a daily basis often times exert more effort than necessary.  As many organizations have dedicated rooms, staff, and processes to help manage their cash, it is important to realize that all of these factors come with a...

Cash Recycler Videos

TR 50

TR 100

TR 303

TR 253

TR400

Benefits of Cash Recyclers- Improved Accuracy and Accountability

Benefits of Cash Recyclers- Accelerated Start and End of Shift Processes

Benefits of Cash Recyclers – Reduced CIT and Bank Fees

Environments Suited for a Cash Recycler

Benefits of Cash Recyclers – Reduced Cash Float

Benefits of cash recycling- Freed Up Working Capital

Benefits of Cash Recycling – Re-Allocation of Store Labor

Interested in the TR Series of products? Contact us today!

Share This