CoinOut, Epson Announce Collaboration Following CoinOut’s Success on Shark Tank TV Show

Following CoinOut’s successful appearance on Shark Tank, the business-themed reality series that has reinvigorated entrepreneurship in America, Epson America, Inc., a supplier of value-added Point of Sale (POS) solutions, and CoinOut, a financial software platform provider, announced their joint POS solution. The integration of CoinOut’s universal wallet with Epson’s OmniLink POS receipt printer provides retailers with new options to entice repeat customers and increase sales.

CoinOut is a digital wallet that enables customers to digitize their cash change and allows merchants to offer customers micro cash back offers via the receipt without needing a credit card, debit card or financial information. Because of this, merchants using the platform capture a high number of customers. For most retailers, the majority of transactions are blind, so there are limited one-to-one marketing opportunities. CoinOut brings offline transactions online in a way no one has done before. Merchants can boost sales with one click in the CoinOut app, bringing customers back more often and see the results in real-time.

The joint solution with Epson’s OmniLink POS receipt printers is especially beneficial for high volume merchants with low average tickets. It enables them to bring customers back more frequently. By leveraging Epson’s OmniLink Merchant Services, OMS, retailers benefit from an integrated solution that works with tablets and other smart devices across multiple locations. It also gives them access to a number of industry-leading applications.