Crane Payment Innovations, today announced that the company has partnered with Locomobi, a leading provider of reliable parking management solutions, to integrate CPI’s cash recycling technology into Locomobi’s pay-on-foot equipment.

New feature of Locomobi stations

Through this partnership, CPI’s SCR bank note recycler is being added to Locomobi stations throughout the United States and Canada. This will allow a smaller footprint as acceptance and change is in one unit which streamlines the designs and provides more options to its customers.

Being more streamlined allows adding these options to Exit Stations in the lanes to better service the public.

The SCR is a two-denomination recycler that can collect and dispense cash in a fraction of the time required by traditional cash payment equipment. It also features innovative security features that eliminate the risk of theft, and has a small footprint that can seamlessly be integrated with existing parking access and revenue control equipment. CPI’s SCR, which was introduced last year, is ideal for the parking marketplace and quickly gained widespread adoption throughout the world.

“The addition of the SCR to Locomobi’s pay-on-foot equipment will offer unprecedented customer service and security for parking facilities that use Locomobi equipment,”

said Bryan Alexander, industry sales manager for Crane Payment Innovations.

“The SCR represents a technological breakthrough for parking owners and operators that makes accepting cash just as convenient as taking credit cards. Many parkers prefer to pay for parking with cash rather than credit cards, and the addition of CPI’s SCR is an important customer service amenity for those who prefer to pay with cash.”


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