Automating Cash Management: How Gaming Venues are Driving Efficiency, Security, and ROI with Next Payments’ Cash Recycler

Cash is Still King - But Smarter Management Is Now a Must

Cash remains central to many retail and hospitality venues across Australia and New Zealand. From the gaming floor to the bar, it’s still the preferred form of payment for many patrons. But behind the scenes, managing that cash comes with significant operational complexities - manual counting, float preparation, reconciliation delays, and ongoing pressure to maintain security and compliance. And layered on top of this are rising labour costs, insurance premiums and tighter regulatory expectations.

This is why more venues are turning to automation - and at the forefront of this is Next Payments’ Cash Recycler (TCR) - our purpose-built cash management solution designed to simplify venue operations, reduce costs, and give staff back valuable time.

Designed by Hospitality Venues, for Hospitality Venues

The TCR was designed in close consultation with some of our largest hospitality clients to directly address the real challenges faced in high volume, cash heavy environments. It automates the full cycle of cash handling - counting, storing, dispensing and reconciling both notes and coins - freeing up your team from the manual tasks that slow operations down.

Whether it’s float automation for tills, ATMs, CRTs and Cashiers, the TCR handles it all efficiently and securely. And with more than 260 venues across Australia and New Zealand already using our TCR, the benefits are being felt on the ground.

That kind of operational shift is only possible because the TCR combines intelligent automation with industry-specific functions:

• The fastest float and clearance automation on the market

• The largest available cash capacity - 15,000 notes and 16,000 coins

• An insurance-rated UL291 safe, with secure cloud-based data storage

• Real-time visibility and remote access for both operational and finance teams

• Same-day fund transfers and settlement to your nominated bank account

Time Saved, Productivity Gained

Manual cash handling places a heavy burden on staff time and operations. Venues using our TCR report significant reductions in repetitive tasks like float preparation, counting and reconciliation - freeing up teams to focus on higher-value responsibilities.

“The Cash Recycler is saving up to 50 hours per week in manual cash management across our whole operation, which equates to up to $2,100 per week in labour savings. We can easily just have one manager doing the open now instead of having two.” (Paul Stansfield - Operations Manager, Lions @ Springwood, QLD).  

Results may vary by venue size and cash volume, but what remains consistent is the impact: less time on manual processes, and more time where it counts.

Smarter Cash Security, Simpler Reconciliation

Security and compliance are the backbone of our TCR’s design. With unique logins for each employee, every TCR transaction is traceable – and withdrawal limits, duress alarms and counterfeit note detection help reduce risk. Automated daily settlements and reconciliation tools give management clear oversight, while also supporting AML/CTF and audit requirements.

“The TCR’s security features and cash counting accuracy make it a vital part of our operations. At the end of each trading day, knowing our cash is locked away and off the gaming floor gives us real peace of mind.” (George Ramia - GM, The Sphinx Hotel, VIC).  

Whether you operate one venue or many, the result is the same: fewer errors, more control, and greater confidence in your cash management systems.

Connected for Complete Visibility: TCR + Concilio Reporting Integration

To get the most out of the TCR, many venues integrate it with Next Payments’ Concilio reporting software - a purpose-built solution designed to give operational and financial teams complete visibility in real time. With Concilio, venues can monitor live cash balances, terminal activity, float levels and reconciliation outcomes across all devices - including TCRs, ATMs, CRTs and tills - on one clear dashboard.

By replacing manual daily trade summaries and spreadsheets, Concilio reduces time-consuming admin and helps eliminate reconciliation errors. Venues can also select from a range of additional Concilio modules to enable automated reconciliation, POS integration, and safe balancing. For large hospitality and gaming venues, this means smarter reporting, reduced manual workload, and complete confidence in the numbers.

‍A Full-Service Partnership, Not Just a Product

As a leading full-service payments and technology provider, Next Payments supports clients through the entire lifecycle - not just the product installation.

Next Payments delivers:

• On-site setup and configuration

• Comprehensive staff training

• A post-installation hyper care period

• 24/7 customer support and dedicated Treasury assistance

• The best Service Level Agreements in the market, built on local expertise and responsive support

“Next Payments’ TCR and other products have delivered real cost savings and improved our cash handling, reconciliation and security. We are saving over 16 staff hours a week, and having one point of contact for all our cash management needs reduces errors and costs of duplication.” (Grant Amer – GM, Kogarah Clubhouse, NSW).  

‍The Future of Cash Management Is Already Here

Cash will always be part of gaming, but it doesn’t need to be a burden. With the right cashing automation in place, venues can reduce complexity, improve security, and free up their teams to focus on what really matters.

At Next Payments, we are committed to helping our clients streamline their cash management and reporting processes - backed by in-house innovation, industry knowledge and a genuine focus on client outcomes.

The future of cash handling isn’t on the way - it’s already here. And with Next Payments’ TCR and our suite of technologies, it’s already delivering results for hundreds of venues across Australia and New Zealand.

Have a question or would like more information? Please contact: media@nextpayments.com.au