Innovative’s CashGenic proves its worth

Home » Innovative’s CashGenic proves its worth

After its first year in operation, Innovative Technology’s hygienic cash automation is playing its part in ensuring the safe handling of cash.


Introduced in May 2020 a the height of the Covid-19 pandemic, CashGenic enables customers to pay with cash both safely and hygienically and in that time the company has secured a number of distribution suppliers throughout Europe who collectively have installed several hundred units.

CashGenic has gone into the UK, Germany, Spain, Belgium and Austria, reports Innovative Technology and its vice president of sales and business development, Thorsten Labusch, said: “It has been very successful.

“We developed it quickly at the height of the pandemic as a solution for customers who wanted to pay by cash safely at a time when coins and banknotes were being incorrectly portrayed as high risk.

More about:  Apogee adds further support for Apex

“The crisis highlighted the need for businesses to continue to accept cash while maintaining social distancing. This technology has been developed by our ourselves and the complete system solution is supplied and installed directly from our approved partners using their own hardware.”

Leave a Reply

Your email address will not be published. Required fields are marked *

Gambling News from NewsCasinoNew.com is made for the most passionate fans of online casinos and internet gambling. We cover everything: from popular gambling world events and trends to new casino slot game releases and reviews, you will find the latest news stories.