About this Machine

There are more than twenty thousand "Coins To Cash" machines located in almost every major Grocery and Department store in the USA.

Anecdotal evidence from the USA suggests that on average most households are holding at least $90 (and some have much more) in coins that they rarely spend because of the hassle involved in converting it to notes.

Leading Grocery Stores, Supermarkets and Department stores in America have discovered that they can get access to that unspent money by partnering with a Coins to Cash machine operator in that country and the concept is now in its infancy in Australia.

The concept behind a "Coins to Cash" machine is simple. Vendwest will place a Coins to Cash machine at the front of your store at no absolutely no cost to you.

Consumers then bring in their jar of change and pour it into the machine which operates at ultra high speeds.

The machine then counts the coins and delivers a receipt with the total amount of money inserted shown on the receipt less a small commission which is payable to Vendwest.

The customer then hands that receipt in at the service desk and receives their money in notes.

Whilst there is no obligation for that customer to spend their money in store most do as they are already there.

A Vendwest operator will clear the machine every few days and the store will then be reimbursed for the money paid out by direct bank debit plus a small share of the commission which is regularly paid to the store owner.

A complete and transparent account of all money collected and paid is kept by Vendwest and delivered to the store owner with every reimbursement which is then matched against store records.

Substantiated and available research from the USA shows that many thousands of dollars are put through Coins to Cash machines every year.

That's thousands of dollars worth of additional in store sales that can be unlocked with this simple but proven concept.

With banks now charging 10% and their teller lines getting longer and longer, Coins to Cash machines have become a magnet to consumers in the USA and it is now hard to find a grocery store , supermarket or department store that does not have one in that country.