Payment & Merchandising Technologies
Crane Payment & Merchandising Technologies is one of the world’s largest manufacturers of coin, bill and electronic payment solutions; vending equipment; cashless processing; vending management software and wireless communications technology.
Comprised of Crane Payment Innovations (CPI), Crane Currency, Crane Merchandising Systems (CMS), Crane Connectivity Solutions (CCS), the Payment & Merchandising Technologies segment is revolutionizing the unattended retail experience with the industry’s most complete product and service portfolio.
CPI’s automated cash-handling solutions increase productivity, security and confidence with every transaction in hundreds of currencies worldwide, while Merchandising Systems’ fully-connected and digitally-enabled new MEDIA machines and retrofit cashless technology provide consumers with an engaging vending experience. As connectivity technologies continue to evolve, CCS simplifies technology with integrated hardware and software solutions that enhance profitability, enable operational excellence and boost consumer engagement.
From spectral analysis and quantum mechanics to mathematical encryption technology, Crane’s Payment and Merchandising Technologies businesses consistently deliver the highly-engineered solutions that make us the industry’s premier global platform.
“In the past several years, banks around the globe have started to embrace branch transformation to improve efficiencies and augment the role of the branch staff. As the role of the teller continues to evolve and cash in circulation increases, manual cash handling has become an even bigger concern.”
Crane Merchandising Systems
Crane Merchandising Systems is the leading global provider of vending solutions for cold drink, snack, food and premium hot beverages. An innovative MEDIA platform is elevating the consumer purchasing experience through the use of interactive touch screen displays combined with enhanced merchandising techniques. Crane is first to deliver built-in wireless communications that enable information to be transmitted ‘from and to’ the machine. This connectivity technology is driving location sales and productivity growth for machine operators while facilitating new opportunities for cashless payments, advertising, promotion, pricing, distribution efficiency and accountability.
Crane Payment Innovations
Crane Payment Innovations (CPI) is a global leader for currency validation in the unattended retail space, processing over four billion transactions per week. Serving the vending, financial services, gaming, retail and transportation markets in more than 100 countries, CPI represents one of the world’s largest installed bases of payment systems. For more than 80 years, CPI has been a trusted partner to industry leaders worldwide.
Crane Connectivity Solutions
Crane Connectivity Solutions (CCS) is an entrepreneurial joint venture between Crane’s Payment and Merchandising businesses. A leader in intelligent system design, CCS delivers comprehensive solutions in wireless connections, digital advertisement, mobile applications, electronic payment, and vending management software. Leveraging the power of Crane Payment Innovations and Crane Merchandising Systems, CCS simplifies connectivity technology for our customers worldwide.
Crane Currency has been a producer of currency products for more than 200 years and is entrusted by more than 50 central banks to play an integral role in the design and manufacture of their nations’ banknotes. From substrates to the most advanced micro-optic security elements and design, Crane Currency is a responsive partner focused on delivering innovative products and solutions that meet customers’ most demanding requirements.