Global Payment Technologies, Inc. engages in the design, manufacture, and marketing of currency validation systems, including paper currency validators and related paper currency stackers in the United States and international markets.
The company’s validators receive and authenticate paper currencies in various automated machines, including gaming and gaming related equipment, beverage and vending machines, and retail equipment that dispense products, services, coinage and other currencies.
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Global Payment Technologies, Inc. engages in the design, manufacture, and marketing of currency validation systems, including paper currency validators and related paper currency stackers in the United States and international markets.
The company’s validators receive and authenticate paper currencies in various automated machines, including gaming and gaming related equipment, beverage and vending machines, and retail equipment that dispense products, services, coinage and other currencies.
The company’s note stackers are sold with validators and are designed to store validated paper currency, and in some cases record and store information on contents, usually in secure removable cassettes. The company’s validators are used in a variety of original equipment manufacturer applications and have been engineered into the design of major gaming and various beverage and vending machines.
The company has a wholly owned subsidiary, Global Payment Technologies (Europe) Limited, which is based in the United Kingdom and is responsible for sales and service of the company's products in Europe and the Middle East.
Products
Argus: Argus is a gaming note validator, which can process multi country databases. The Argus sensor system has the company’s patented Red, Green, Blue and Infrared (RGBI) optical array, which generates 56 channels of high resolution data. The Argus validator also has a high sensitivity magnetic sensor and high resolution Side-Looking Sensors.
SA-4: SA-4 is a note validator that can handle bills up to 3.35 inches in width, as well as holds a database of approximately 128 various bank notes in four directions. The SA-4 sensor system has the company’s patented RGBI optical array and a bar code reader that is compatible with the various Ticket In Ticket Out systems currently found on many casino floors. The SA-4 currency validator contains a new high sensitivity magnetic circuit that doubles the sensitivity to detect inks. SA-4 contains front and rear sensors, which guarantee the detection of critical bill position information. SA-4 supports various communication protocols commonly used for vending, gaming, and video lottery machines.
In 2007, the company launched its Falcon currency validator which uses Digital Signal Processor technology for note recognition. Falcon was designed as a version of the Aurora validator and is targeted for low end casinos, kiosks, payment systems, and amusement games.
Sales and Marketing
The company has sales and service offices in London, Moscow, Lima, and Peru. The company also has distributors in Australia, New Zealand, Pacific Rim, Russia, Italy, Southeast Asia, Latin America, the Middle East, and South Africa.
Customers
The company’s primary customer includes Global Payment Technologies Australia Pty, Limited.
Competitors
The company’s competitors include Money Controls PLC; Japan Cash Machines Co., Ltd. (JCM); and Mars Electronics International (MEI) for both the gaming and the beverage and vending marketplaces.
In the domestic market, the company competes with divisions or affiliates of manufacturers of vending machines, such as Royal Vendors, Inc., which is an affiliate of Coinco.
The company’s competitors in the international beverage and vending markets include MEI, JCM, Ardac, International Currency Technologies, Sanyo, Conlux, Coegis and Cashcode Company, Inc. (Cashcode).
The company’s competitors in the gaming machine business include JCM, MEI, Ardac, and Cashcode.
In the secondary low value gaming markets, the company competes with Innovative Technology, Ltd.
History
Global Payment Technologies, Inc. was founded in 1988.