Banktech today reported it has received confirmation from the Queensland Office of Liquor and Gaming Regulation (QOLGR) relating to the use of its innovative CashConnect ATM Plus terminal which allows patrons to top up digital wallets using cash. Apart from the normal ATM functionality of cash withdrawals and enquiries, Banktech’s CashConnect ATM Plus machines include a bank note acceptor and…
Category Archives: Blog News
We are pleased to announce The Banktech Group has turned 30! Established in 1991 to sell and service ATMs for financial institutions, Banktech has grown to be a leading payment technology provider covering ATMs and payment kiosks, gaming systems and payment processing. In 1998 Banktech became Australia’s first independent ATM deployer, installing the first CashConnect…
Cash recyclers are transforming the face of the modern hospitality venue through improved visibility, security, float management and reconciliation.
Cash handling is a necessary part of doing business, with cash payments unlikely to disappear completely anytime soon. However, your cash management systems could be costing you a significant portion of your income in the form of labour costs and shrinkage. Having an accurate picture of how much you are paying for cash management is essential…
Manual cash counting has been a stalwart of the hospitality industry for decades. Locking up at the end of the night and counting the float, while enjoying a cleansing ale (or two), has long been a pub or club duty manager’s way out of more laborious tasks involved with end-of-day closing. Due to strict gaming…
It’s not an uncommon sight now to see your local bank branch closed down and the building up for sale or lease. It’s creating a cash gap in Australian society, with those still using banknotes struggling to access services in some cases. For business owners who respond quickly, this represents an opportunity to provide cash services to…
Between cash registers, gaming machines, ATMs and other transactions, manual reconciliations and cash handling in pubs and clubs typically leave plenty of room for error, as well as being a notable drain on resources. However, this doesn’t have to be the case. Forward-thinking business owners in the hospitality industry are already streamlining their business accounting by investing…
Keeping ahead of the game when it comes to digital technology is a good strategy to increase hotel revenue, hone your competitive edge and stand out from the hospitality crowd. Emerging technologies are changing the way bars and clubs operate across Australia and the world. Getting digitally savvy is a clever way to build efficiencies, increase…
As a club manager or pub licensee, you’re always on the lookout for ways to boost your venue’s profits. And you may very well already have one in your venue: your ATM machine. While you are currently receiving ATM fees for each transaction, did you know there are simple ways to enhance the profitability of this…
As growing pubs and clubs evolve and change, so does the technology they use on their gaming floor. As the venue matures, so do the machines, devices and backend gaming infrastructure. This often tends to coincide with an increase in gaming revenue thanks to improved efficiency and customer experience. As a venue matures, different challenges arise…