News | June 13, 2016

Cashmaster Bringing The Future Of Cash-Counting Solutions To NRF Protect

Count-by-weight cash management specialists Cashmaster have made a major extension to its leading range of cash-counting devices with the introduction of the Cashmaster One series, the fastest and easiest to use electronic cash counter in the world. The company will showcase the new series at the upcoming NRF Protect Loss Prevention Conference and Expo between 15-16 June 2016 in Philadelphia, booth 1237.

What can you expect from Cashmaster One?

Three New Models
The new Cashmaster One series comes in three models, each tailored to the specific needs and requirements of businesses of all sizes and sectors. Like Cashmaster’s existing Sigma and Omega technologies, the Pro, Plus and Max models in the Cashmaster One series delivers the same accurate count that is six-times faster than the commonly used manual counting.

Smartphone-style touch-screen
With a new state-of-the-art processor, a full color easy to use icon-based touch screen with integrated help menu, the Cashmaster One is able to provide users with a familiar, smartphone like experience, that requires little or no training.

Our smallest footprint product with integrated printer
Unlike other cash counters, the integrated printer option means the device takes up the least amount of space required when counting cash.

Greater connectivity
All three products in the Cashmaster One range can be Ethernet, WiFi or Bluetooth enabled and come with USB ports as standard.

President of Cashmaster USA, Jim Stone commented, “We are very excited for the release of our state-of-the-art Cashmaster One models. At the NRF Protect conference, visitors will be able to experience firsthand how fast and easy the Cashmaster One is. The user experience is exceptional and current feedback has been extremely enthusiastic.”

“Using count-by-weight equipment as part of the cash management process, not only saves businesses time but also helps in reducing cash shrink and frees up store managers and staff to focus more on what matters to them most, their customers.”

In March 2014, a MBI team comprising Malcolm Offord and Gordon McKie concluded the purchase of Cashmaster from the previous family owners.Malcolm Offord is a Senior Adviser to (and formerly Senior Partner of) Charterhouse Capital Partners LLP, a leading European private equity group. Malcolm has enjoyed a successful 26 year career in The City of London initially with Lazard, 3i, and Bankers Trust followed by 16 years at Charterhouse.

In 2014, he returned to Scotland and established the private equity boutique Badenoch & Co. in Edinburgh with the ambition of investing in Scottish SME’s which manufacture at home and export abroad.

Gordon McKie is an established CEO with a track record across a number of sectors including manufacturing, engineering, electronics, insurance services and sport/leisure. From 2005 - 2011 he was CEO at the Scottish Rugby Union (SRU), successfully increasing commercial revenues of the organisation, returning it to profitability.

About Cashmaster
Cashmaster is a global company which specializes in the design and manufacture of count-by-weight ‘cash counting’ products. Each Cashmaster count-by-weight device is built to the highest standard with the most advanced technology and are designed and manufactured in Scotland.

The company has offices in Europe, USA and Hong Kong with distributors across the world. Clients include some of the world’s largest Blue Chip international companies in the convenience store, retail, banking and restaurant sectors such as Tesco, Aldi, Poundland, Dollar General, LIDL, ASDA, Panera Bread, Starbucks, McDonald’s, AT&T, NAB and ANZ.

Cashmaster has over 30 years experience in creating innovative and reliable cash handling solutions for a wide range of clients. Cashmaster’s deep understanding of the extended cash cycle means they are able to support customers to minimise losses (from shrinkage/employee theft) and improve their cash handling processes. For more information, visit

SOURCE: Cashmaster