openPR Logo
Press release

Introducing the NV11 Vending Payout Solution

05-17-2011 09:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Innovative Technology Ltd

NV11-Validator+Note Float

NV11-Validator+Note Float

Bank note manufacturer Innovative Technology will bring their new payout solution the NV11 to AVEX from stand B40.

Designed for the vending industry the NV11 combines a bank note validator and ‘Note Float’ payout unit. The Note Float can store up to 30 notes for future payout as change, helping to keep machines running.

The new must have validator payout system, the NV11 optimises cash management to help alleviate the problem of coin starvation and keep machines fully operational. With a 300 note secure cash box and the capability of storing a further 30 notes in the Note Float unit for future payout, the NV11 can be utilised to give change and keep machines running.

Marketing Executive, Dayna Patterson said “ We have booked a stand at AVEX 2011 to showcase to the vending industry the innovative cash handling solutions we can offer. The NV11 is ideal for the vending industry. As note pay-in becomes more commonplace in the vending industry, the ability to payout notes is a must to keep machines fully operational. The exceptional value NV11 reduces the frequency of operator refill, optimising cash management by utilising notes already collected from pay in.”

The Note Float unit can be programmed to store and dispense any single denomination note, using a last in first out system where the last note stored in the Note Float is available for payout or transfer to the secure cashbox.
The NV11 incorporates an NV9 USB bank note validator and ‘Note Float’ payout unit.

The NV11 is USB capable and reprogramming is simple via the configuration button. Mounted horizontally the NV11 stands 246mm high and comes with a standard 300 note cashbox. Communication with the NV11 is achieved using Innovative Technology’s eSSP Protocol or ccTalk and each unit leaves the factory preset, so is ready for immediate installation.


Technical Data
- 30 note capacity in Note Float
- Horizontal mounting only
- Standard cashbox capacity: 300 notes
- Combined dimensions: 246 x 222 x 104 mm
- Combined Weight: 2.2 kg
- Power supply: 12V +/- 10%
- Current: 350mA Standby, 3A Peak for 300mS
- USB capable
- eSSP Protocol (encrypted SSP) or ccTalk

Innovative Technology manufacture bank note validators for customers worldwide, offering innovative cash handling solutions wherever there is a need for automated transactions.

Innovative Technology Ltd
Derker Street
Press contact: Dayna Patterson

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Introducing the NV11 Vending Payout Solution here

News-ID: 175412 • Views: 1760

More Releases from Innovative Technology Ltd

A larger slice of ICE for Innovative Technology
Bank note validator manufacturer Innovative Technology Ltd has announced a 62% increase in stand space for ICE 2013, taking the company up to 117 m2 for next year’s show at Excel where they will occupy stand S9-140. With the new venue comes a new size stand for the bank note validator manufacturers who this year are currently celebrating 20 ‘Years of Innovation’ since their formation in 1992. Business Development Manager Paul Curley
Tony Morrison joins Innovative Technology
Oldham based bank note validator manufacturer Innovative Technology Ltd (ITL) is pleased to announce the appointment of Tony Morrison as Sales Director, Retail & Kiosk. Well known in the Industry, Tony brings with him 20 years of experience in the cash handling sector. Based at the Derker Street Head Office, Tony will head up ITL’s Retail & Kiosk Sales Division as the company expands in these two growth sectors. On his
Innovative Technology Spain Strengthens Team
Bank note validator manufacturer, Innovative Technology is pleased to announce the appointment of Pere Camprubi, Technical Sales Engineer (Gaming, Amusement & Vending). Pere will be based at Innovative’s Spanish office in Barcelona and will be responsible for supporting existing customers with any sales and support queries. He brings with him a wealth of experience from previous roles in customer service, quality and sales. Group Sales Director, Mustapha Hadj Ahmed said of
NV200 receives European Central Bank Approval
The NV200 high volume, high security bank note validator have received European Central Bank (ECB) approval for its ability to recognise genuine and counterfeit Euro banknotes. Testing took place at De Nederlandsche Bank, Amsterdam in May where the NV200 gained 100% for its ability to recognise genuine Euro bank notes and reject counterfeit Euro banknotes. Senior Business Development Manager, Paul Curley said, “These ECB test results independently acknowledge the reliability of the

All 5 Releases