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At MIMO Cash Handling Solutions, we understand that investing in cash automation is an important decision for any business. Whether you are researching cash recyclers, comparing cash management solutions, exploring software integrations, or looking for ways to improve your existing cash-handling processes, we're here to help.
As an American manufacturing company specializing in cash automation technology, MIMO provides innovative cash recyclers, cash counters, software, and cash handling solutions designed to help businesses improve efficiency, accountability, and operational control. Browse our frequently asked questions to learn more about our products, technology, integrations, and customer support.
Learn About MIMO And Our Products
What is MIMO Cash Handling Solutions?
MIMO Cash Handling Solutions is an American manufacturing company specializing in cash automation technology. We design and manufacture cash recyclers, cash management software, and other cash-handling equipment to help businesses automate currency transactions, improve cash accountability, and streamline daily operations.
Our solutions serve a variety of industries, including grocery, retail, casinos, tribal gaming, convenience stores, hospitality, banking, and other cash-intensive businesses.
What makes MIMO different from other cash automation manufacturers?
MIMO combines American manufacturing, proprietary hardware, cash management software, integration capabilities, and dedicated technical support.
Rather than offering equipment alone, we provide solutions designed to support the complete cash-handling process. From employee till management and automated cash transactions to reporting, training, and ongoing technical support, MIMO works with customers to help improve their cash operations.
How can I contact MIMO for product information or sales assistance?
Our sales team can help you determine which MIMO products and cash management solutions are appropriate for your business.
Contact us:
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Phone: 833-646-6463
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Email: sales@mimo-llc.com
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Website: www.cashrecycler.com
What is a cash recycler?
A cash recycler is an automated cash management machine that accepts, stores, and dispenses currency. Unlike a traditional safe or cash storage system, a cash recycler can reuse deposited currency to fund subsequent cash transactions.
Cash recyclers help businesses automate many manual cash-handling responsibilities, including cash distribution, till preparation, transaction processing, and cash reconciliation.
The MIMO 200 is designed to help businesses improve cash management while maintaining employee accountability and operational control.
What are cash recycling solutions for retail businesses?
Cash recycling solutions for retail businesses automate the process of managing cash throughout the workday. Instead of relying entirely on manual cash counting, cash distribution, and reconciliation, retailers can use a cash recycler to manage currency transactions through a centralized system.
The MIMO 200 helps retailers streamline cashier till preparation, manage cash transactions, establish employee access controls, and improve visibility into cash activity.
These capabilities can be especially beneficial for grocery stores, department stores, specialty retailers, and businesses with multiple cashiers or departments.
How does a cash recycler work?
A cash recycler accepts currency through its deposit mechanism, processes and stores the accepted bills, and makes available currency accessible for authorized withdrawals and transactions.
For example, an employee may deposit cash into the recycler at the end of a shift. That currency can then become available to support another employee's cash withdrawal or till preparation, depending on the system's configuration and available denominations.
This recycling process helps businesses reduce reliance on manually preparing and distributing cash from a traditional safe.
Can a cash recycler replace manual cash counting?
A cash recycler can significantly reduce the need for manual cash counting by automating many deposit, dispensing, and transaction processes.
However, businesses should continue to maintain appropriate cash-control procedures, reconciliation practices, and employee oversight.
The objective is to reduce repetitive manual work while improving the accuracy, consistency, and accountability of cash management.
What is the difference between the MIMO 200 and MIMO 50?
Both the MIMO 200 and MIMO 50 are designed to help businesses improve cash management through automation.
The MIMO 200 is our primary cash recycler solution, while the MIMO 50 offers a smaller-footprint alternative for businesses with different cash-handling requirements.
The right choice depends on factors such as cash volume, transaction requirements, available space, and the number of employees using the system.
Our sales team can help evaluate your operation and determine which solution is appropriate.
What software comes with the MIMO 200 cash recycler?
The MIMO 200 operates with MIMO's proprietary cash management software called MIMO CORE, which provides the functionality needed to manage cash transactions, employees, and departments.
The system also offers Back Office software options as an add-on that allows authorized management personnel to access reporting and perform administrative functions.
Together, these software capabilities help businesses maintain oversight of their cash operations.
Can the MIMO 200 integrate with my existing POS system?
The MIMO 200 supports integrations with compatible point-of-sale systems.
Because every POS platform has different capabilities, MIMO evaluates integration requirements on a case-by-case basis.
When discussing an integration, it is helpful to provide your POS provider, software version, and a description of the cash-handling workflow you want to automate.
Our team can review your requirements and determine the appropriate integration approach.
