Tellermate Expands In North America

Helping retailers count cash is good business

Alpharetta, GA /PRNewswire-iReach/ - According to a study published in late 2014 from the Richmond Federal Reserve Bank, cash accounted for 72% of the transaction value for general merchandise retailers in the United States; that has been good for business at Tellermate. Following a record of 132% year over year growth in North America, Tellermate is expanding both its sales and service organizations at its Alpharetta, Georgia headquarters.

"The report is consistent with other studies that we have seen" said Jim Stone, the Tellermate Vice President of Marketing for North America. "Tellermate invented weight based cash counting over 34 years ago and we understand the importance of providing retailers with technology that enables fast and accurate cash counts."

Commenting on the 2014 results, Chad Jones, Vice President of Sales for North Americasaid "The kind of growth we achieved required great focus from the entire Tellermate team and we are very proud of the results. We are also well positioned to build on this success in 2015."

To show our growing dedication to our customers, Tellermate has appointed two new strategic account managers to work with existing customers. "We have customers that have counted on Tellermate for over 20 years and the account managers will focus on our customer's continued success" said Jones.

In January Tellermate announced the North American (sliding) version of T-ice, its intelligent cash drawer environment that counts the contents of a cash drawer every time it is closed. To support this revolutionary new product line, Tellermate is also expanding our technical team that works directly with our customers IT team.

The success of Tellermate is not limited to North America. "Tellermate is growing and expanding into new markets globally." commented Stone.

About Tellermate
For over 34 years, Tellermate has been helping Fortune 500 retailers do more by helping them count cash quickly, accurately and efficiently. Tellermate is trusted by over 250,000 businesses, including the world's largest retailer and six of the top ten quick service restaurant chains. Tellermate systems process over $2 billion daily in over 20 currencies and across 30 countries. Tellermate is headquartered in Newport, Wales with regional offices in Atlanta, Paris, Heidelberg, and Barcelona.