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NEW £1 INTRODUCTION –QUICK REFERENCE GUIDE

As the date for new £1 Coin in March 2017 comes ever closer,now is the time for your business look at your equipment and what is required to implement the changes required.There will be 1.4 billion of the new 12 sided Bi-metallic coins entering circulation next March ,although the old £1 coin will remain legally in circulation for 6 months you will need to have your payment equipment ready for the launch date.The majority of old £1 coins will be removed from mass circulation quite quickly.

The significant changes between the old and new £1 coin (which incorporates many new security features) mean all Coin payment systems will require either recalibration or possibly replacement dependent on the age of product. Coin Solutions has worked closely with many manufactures and has also tested the Sample £1 coins and the Production coins at the Royal Mint to all our upgrades are going to work correctly on 1st March 2017.

Most current generation systems will be upgradable in the field with hand held programmers that Coin Solutions can supply (and credits if required)

Older equipment may require returning to us for recalibration , some products will become obsolete or more cost effective to replace. Whatever your market and payment equipment Coin Solutions are there to help provide a smooth transition from old to new £1 acceptance.

THE KEY IS TO PLAN NOW SO YOU ARE READY BY MARCH 2017

Contact one of our dedicated technical support team for product information

Phil Darbyshire email: phil@coinsolutions.co.uk

ARE YOU READY FOR THE NEW FIVER

The new polymer £5 note will come into circulation on 13th September 2016, followed by the new polymer £10 note the following summer. What this means for any business using Bill validators – You need to act now and make sure your machines are able to be updated or replaced in time for the September release. There are many different note readers across the Vending ,Amusement and Car Parking industries. At Coin Solutions we are able to support an extensive range of Bill Validators from leading manufactures including CASHCODE,INNOVATIVE TECHNOLOGIES ,JAPAN CASH and CPI We have New £5 upgrade solutions available now and others to be released over the summer to facilitate the smooth changeover from paper to polymer note acceptance. Many current models are field upgradable with hand held devices or SIM replacement. Older models may require returning to Coin Solutions or no longer be supported for the Polymer note security features.

If you contact Terry Barker terry@coinsolutions.co.uk he will be happy to discuss your specific requirements and make sure you are ready for the September introduction.

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