Technology/Services

VALID Rolls Out New Check Cashing System for C-Stores

Plug-and-play solution has smallest footprint in company's product line
FORT WORTH, Texas -- VALID Systems has rolled out a new product line. The AIO350 has been designed to meet the needs of the convenience store and retail sectors, with the ease of use, low cost and small footprint stores need to offer check cashing services.

The AIO350 offers a check scanner with a VeriFone VX570 terminal loaded with VALID's patented technology. Options include VALID's guarantee or non-guarantee risk management programs, Check 21 or non-Check 21, and cash drawer, ATM and card load payout optionsall with 10-minute installation and training. A plug-and-play [image-nocss] solution, the AIO350 has the smallest footprint in VALID's entire product line. Like all VALID products, it offers both initial and repeat transaction times of approximately 60 seconds.

"C-stores have long known the benefits of having more customers in their stores with money to spend while collecting transaction-based revenue," said John Templer Jr., Fort Worth, Texas-based VALID's CEO.

VALID's internet-based decisioning and identification system is used across its product line. Platforms include its original PC-based application, all-in-one terminals and VALID-enabled ATMs.

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