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Sometimes the name says it all. Tellermate exists to help tellers and others whose business is to count money. In particular, Tellermate Inc., the US subsidiary of Tellermate Plc, makes cash money counting machines used by retailers, food service businesses, and financial institutions. The company also makes automated cash drawers that verify the contents of cash registers each time the drawer is closed. Customers include Burger King and Comerica.
Geographic Reach
Tellermate is headquartered in Newport, Wales with regional offices in Atlanta, Madrid, Paris, Heidelberg, Barcelona, and Tokyo.
Sales and Marketing
Tellermate sells its products directly to customers in its five core markets, but works with a network of distributors to supply products to clients in the rest of Europe, Australia and New Zealand, and South Africa. Its distributors include Sprintquip Australia, ILKA, Money Point, Albacon Slovakia, Perfomatic, SDSP Italy, and Cash Processing Technologies.
Strategy
Tellermate refreshes its product line, introducing new technologies at a constant pace. In 2018, the company released the Tellermate Touch, a cash counter equipped with a 7.6-inch touchscreen and capable to connecting to PCs, smartphones, and back-office systems using Wi-Fi, Bluetooth, USB or Ethernet.
