News

Cummins Allison debuts new coin collection system

August 3, 2016

Cummins Allison added a mixed-bag coin-collection system to its line of self-service coin counters, according to a company press release.

"Self-service coin redemption provides grocers the benefit of bringing more customers into their stores with the likelihood of spending that disposable cash on groceries," Jim Weaks, vice president at Cummins Allison said in the release. "Backed by our commitment to deliver the most dependable coin-counting equipment, services and program options, we believe Money Machine 2 allows virtually any grocery store to add coin-counting services to their operation."

According to the report, this system will most benefit grocers whose customers save coins.

"Of the coin programs we considered, Cummins Allison's was an income driver," said Barney Miller, owner of Foodland Grocery in Fairmont City, Ill., the site of Cummins Allison's first market test. "Our previous machine was costing me more money for bin pickup and I was only making a one percent profit."

The machine was ideal for Foodland's frequent coin redemption, and the report said it averages $1,500 coins a week.

"The penny bags on our sorted bag machine filled up on a regular basis, so we were required to change the bags frequently throughout the day," Angie Lynn, customer service manager, Foodland said in the release. "With the mixed bag machine, all of the coin mixes together into the bags, so we only need to open the machine once to remove the full bags."