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Contactless Cash Payment - CubeIQ Limited

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Contactless Cash Payment

Internal Solutions New Format
C u b e I Q
Enabling Technologies for Financial Services

Contactless Cash Payment

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Paypod™: Contactless Cash Payment

Paypod™ is placed discreetly in the cash register area, on the counter top or embedded, and interfaces with the MS Windows™ based POS, taking over the full cycle of cash payments and cash returns, with an advance cash recycling technology, without requiring cashier contact with banknotes or coins.

Paypod™ accepts payments in € - Euro banknotes and coins and optional in other currencies, which the authenticity is initially validated, using a sophisticated counterfeit mechanism, EBA certified and then stored in a secure box inside the machine metal cabin.

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Choose your Model
Highly-engineered technologies from CPI in one easy to install system deliver the ultimate ease in payment automation.
PAYPOD™ HYBRID
• On the counter mounting
•7" customer display
• Components accessed by doors on front and top
PAYPOD™ EMBEDDED
• Under counter mounting
• Components mounted to a sli
All units include:
• POSlinq™ software instantly connects with any Windows® point of sale system to manage cash transactions
• Universal API alternative for integration with both Windows and Linux systems
• Industry leading note recyclers deliver fast, secure cash validation
• High speed coin recyclers increase throughput and efficiency



Application in:
• Bakeries & Cafes
• Convenience Shops
• Pharmacies
• Fast Food
• Bar & Restaurants

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Cash Payment Technology

Paypod™ combines multiple highly engineered technologies into one easy-to-install system that delivers the ultimate ease in payment automation. Handles and manages every part of your cash payment, from counting to giving change - and, all from one secure location.

Paypod™ empowers retailers by establishing more visibility with each transaction, creating more security and improved accountability for your business, saving time and money.

Paypod™ software application informs the store manager about banknotes and coins stock with amounts and denominations, payment and return transactions, shortage or surplus values and cashiers’ end-of-shift totals.



Savings
• Employee Time Saving (average 40 hours/month)
• Increased Transaction Speed (average 11 sec less)
• Reduced Cash Lossess (average 1.5% - 3% of daily
cash)




Operations
• Management of all cash transactions
• Acceptance & Validation of all notes and coins
• Instant provision of change
• Connection to POS system
• Rejection of counterfeit currency


Contactless Cash Payment Advantages

• Reduces transaction time by 7-11 sec per transaction.
• Accelerates the efficiency of each POS by reducing the queues, the operator only takes orders.
• Prevents mistakes (intentional or not) in the customer's change.
• Employees interacts with the customer and not handling the cash.
• Eliminates the risk of losses through the cash drawer (cash shrinkage)
• Reduces cash handling time in terms of preparing shifts’ cash, frequent visits to the bank etc.
• Easy and fast shift change.
• Many points of sale one automatic Paypod payment point.
• Employees do not contact cash and therefore the risk of a virus transfer to of from the customers is minimized or even eliminated
• Short ROI due to reduced working hours, operational efficiency – increase the number of transaction per employee and minimize cash shrinkage.
• Machine ROI on an average is less than 12 months.
• Increase of company reputation and image related to better customer service quality and ινψρεασεδ customer safety against hygiene issues (Pandemic).


HQ: 78 Vyzantiou & Vithinia's St., 14234, Nea Ionia, Athens, Greece.
Tel:  (+30)-210-9530-242
Fax: (+30)-210-6255-672
General Inquiries: info[at]cubeiq[dot]gr
Sales: sales[at]cubeiq[dot]gr
Technical Support: support[at]cubeiq[dot]gr
Human resources: hr[at]cubeiq[dot]gr



© Copyright 2003 - 2026 CubeIQ Limited. All rights reserved.
CubeIQ Limited
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CubeIQ Limited is an IT company specialized in Business Process Re-engineering, focused in the Banking and Electronic Transaction Processing Market. Our leading-edge software solutions can transform  business processes in a more efficient, more productive and cost saving way.   
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2026.01.05.v3.40.r2.00.00
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