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Collection – attendant must open machine and gather coins and bills

Transportation – disparate coins and bills transported to counting venue


Counting – collected coins and bills are separated and counted
Auditing – DEX or similar report is matched to counted coins for verification
Reporting – collected coins and bills may be commissionable earnings
Depositing – collected coins and bills bank depositing

Concerns
Availability  break-ins; theft from machine; repair costs
Temptation  staff skimming; shortages; loss of assets
Accountability –> collusion and/or fraud

©  Michael Kasavana
Equipment…
Coin Manager & Bill Acceptor $500.00
Processing…
Collection, Counting, & Auditing 2-4 % of revenues

Equipment…
Reader (Electronic Capture Device) $300.00
Communication…
Telemetry & Data Exchange $10/machine/month
Processing…
Cashless Gateway & Interchange 5 % of revenues

©  Michael Kasavana
Industry
Profiling

©  Michael Kasavana
©  Michael Kasavana
©  Michael Kasavana

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