MEI holds one of the world's largest installed bases of unattended payment systems, handling over 2 billion transactions per week in more than 120 countries. The company developed the first electronic coin mechanism in the 1960s, followed by the first electronic non-contact bill validator, and more recently added cashless solutions, vending management software, and bill recycling technology.
MEI’s payment systems technology is considered the most reliable choice in hundreds of real-world applications and has earned the best performance rating in the market. Through its commitment to quality and innovation, MEI continues to provide the highest reliability and state-of-the-art products for the vending, gaming, amusement, transportation, retail and kiosk markets.
In December 2013, MEI joined Crane Co. (NYSE:CR), a multi-billion dollar diversified manufacturer of highly engineered industrial products. As a result, MEI and Crane Payment Solutions came together to form Crane Payment Innovations, or CPI. The former MEI headquarters in Malvern, PA, USA, has become the new headquarters of CPI, with sales offices and manufacturing facilities worldwide.
For more information on CPI, please visit www.CranePI.com .
For more information on Crane Co., please visit http://www.craneco.com