Crane Payment Innovations (CPI) partners with Klever Logic to add cash payment option

Crane Payment Innovations (CPI), the world-wide leader in providing cash payment solutions, today announced that the company has partnered with Klever Logic, an industry-leading parking technology provider, to add a cash payment option to Klever Logic’s PARCS solution, FlashPARCS. Through this partnership, CPI’s BNR bank note recycler is being added to FlashPARCS’s Smart Station kiosks, which are in use in parking facilities throughout the United States. The BNR is a modular cash recycling solution that permits parking owners to conveniently, quickly, and securely accept and dispense cash during payments from parking patrons.

“The addition of the BNR to FlashPARCS’s Smart Station kiosks will provide tremendous benefits to parking owners and operators who use FlashPARCS equipment,” said Bryan Alexander, industry sales manager for Crane Payment Innovations. “Parkers want a choice when it comes to paying for parking, and being able to accept cash as well as credit card payments provides a tremendous competitive advantage. The partnership has already paid dividends to users of FlashPARCS’s Smart Stations through increased business and notable cash earnings.”

Cash payment has experienced a resurgence within the parking industry in recent years. Many parkers prefer to pay for parking with cash rather than credit cards, and the addition of CPI’s BNR is an important customer service amenity for those who do prefer to pay with cash.

“With, the addition of Crane Payment Innovations’ cash recycling technology coupled with FlashPARCS being a PCI-DSS Level 1 Service provider, we are now providing our customers convenient and secure payment options that together enhance the overall customer experience to parking patrons,” said Juan Rodriguez, Klever Logic’s co-founder and CEO. “Klever Logic was founded on the idea that the status quo is no longer good enough for parking owners and operators, and our partnership with CPI reflects our commitment to introducing disruptive technologies to the parking marketplace.”

About Klever Logic

Klever Logic is reinventing parking for both consumers and parking operators. With its suite of technology products for the connected driver, all Klever Logic products-Flash Valet, FlashPARCS, FlashMobile-use a cloud-based platform that permits parking operators mobile and desktop access to real-time data and allows them to monitor and control revenue from anywhere, while also giving guests the ability to use their mobile device for a superior parking experience.

About CPI

Crane Payment Innovations (CPI) is part of Crane Co., a diversified manufacturer of highly engineered industrial products (NYSE:CR). CPI provides a full range of unattended payment solutions for Gaming, Retail, Transportation, Vending, and Financial Services applications. CPI is built upon the technological heritage and market expertise of the NRI, CashCode, Telequip, Money Controls and, most recently, MEI and Conlux brands.

CPI works in partnership with valued customers to enhance its portfolio of high-quality payment solutions – from coin and bill processing to cashless systems and asset management software.

CPI is headquartered in Malvern, PA with additional offices, manufacturing facilities, distribution and service centers worldwide. The company holds one of the world’s largest installed bases of unattended payment systems. For more information, visit www.CranePI.com.