Innovative Technology celebrates 22 years of providing quality cash handling solutions

For over 22 years, Innovative Technology (ITL) has been manufacturing 'state of the art' cash handling solutions that reduce operational costs and maximise cash efficiency, and is a market leading supplier to the International Gaming, Amusement, Vending, Retail& Kiosk Industries, commented sources of the firm.

Innovative Technology has worldwide offices in Europe, Asia, Australasia and South America as well as Trading Partners in more than 20 countries including Latin America. In 2014 the firm was named the 13th fastest growing private company in Great Britain (Sunday Times Profit Track 100) and received the Queen’s Award for Enterprise: International Trade.

The Innovative Technology Head Office is based in the UK with other key offices located in Germany, Spain, Italy, Australia and China as well as wholly owned, state of the art manufacturing facilities Bellis Technology, in China and Brazil.

With a product range comprising banknote validators, bill acceptors, recyclers and coin hoppers Innovative Technology provides cash handling products for the International Gaming and Amusement Market. The BV100 was designed specifically for the Latin America Market and is made locally at the company’s manufacturing facility in Brazil.

A versatile bill validator the BV100 boasts industry standard protocols and market leading multi-currency acceptance rates for over 100 different world currencies including most Latin American countries. Quick, reliable transitions allow customers to take more cash and the unit’s versatile design can incorporate a number of modular cashbox options to suit all applications. In recent years the BV100 has become the bill acceptor of choice for much of Latin America.

Other popular products in Latin America include the BV20 and SMART Hopper. The BV20, a compact bill acceptor that retails at a similar price to a coin mech is popular in Latin America, particularly in Brazil. The BV20’s simple design makes it ideal for amusement and low value applications investigating bill validation. The SMART Hopper is a state of the art multi-coin hopper and recycler that eliminates coin starvation. Boasting a market leading, mixed coin capacity and payout speed, the SMART Hopper removes the need for multiple hoppers. Customers in Venezuela, Mexico, Chile and Argentina are all utilising the SMART Hopper to maximise their cash efficiency in a number of different applications.