Fontana, CA – October 2nd, 2019 – American Security Products Co. (AMSEC), the leader in smart safe technology, is pleased to announce the granting of U.S. Patent No. 10,410,456. This patent governs the ability of Amsec’s line of smart safes to automatically connect to a bank or 3rd party to place a change order.
Amsec’s smart safes have secure chambers for receiving cash deposits and a sensor for counting the secured cash. The safes contain computing devices that allow merchants to buy change in specific denominations. A courier is contacted, retrieves the cash deposited and exchanges it for small bills and/or coins. The customer is debited when the change order is placed and credited when the daily credit file is sent to the customer’s bank. This greatly simplifies reconciliation for the customer.
“We are extremely pleased that the U.S. Patent Office awarded this patent as we are committed to continuously improving our line of smart safes. We strive to provide the most advanced technology solutions to our customers,” says CEO David Lazier. “This new smart safe feature will revolutionize and simplify how change orders are placed, paid for and tracked.”
The granting of this patent is further recognition of the continuing innovation carried out by AMSEC to maintain our leadership position with our CashWizard line of smart safes.
About CashWizard by AMSEC
CashWizard is a line of advanced smart safes that enables businesses of all sizes to streamline their troublesome and time-consuming cash management processes.
CashWizard reduces the time spent on manual counts while incorporating innovative cloud-based technology that provides connectivity and access to analytics, critical business data, and daily reports.
Vice President, American Security Products Company