MALVERN, PENNSYLVANIA – October 3, 2024 – Crane Payment Innovations (CPI), a Crane NXT, Co. (NYSE: CXT) company and a global leader in payment technology today announced its agreement with Everi Holdings (NYSE: EVRI), a premier provider of land-based and digital casino gaming content and products, financial technology, player loyalty solutions, and bingo. This collaboration will integrate Everi’s CashClub Wallet^® with CPI’s Betbridge™ cashless solution, enabling at-machine mobile payments in casinos. By building this solution on the trusted bill validator and TITO technology, CPI and Everi are making cashless payments seamless in casinos. 

The Betbridge™ cashless solution, a cutting-edge innovation by CPI, allows for at-machine mobile wallet payments with a simple upgrade to the installed base of SC Advance Note Validators. Unlike traditional cashless solutions that require a comprehensive CMS (Casino Management System) upgrade, Betbridge™ offers a simplified implementation process and transparent pricing, facilitating a smooth roll-out of  cashless payments for casinos. The integration with Everi’s CashClub Wallet allows players to load money from their mobile wallet onto slot machines easily.

“CPI is constantly looking to develop new and innovative products that optimize efficiency and provide a seamless payment experience for the gaming market. We are thrilled to collaborate with Everi Holdings to bring a new level of convenience and innovation to the casino industry,” said Evan Groat, VP, Connectivity at CPI. “The integration of Everi’s CashClub Wallet with our Betbridge™ solution marks a significant step forward in the evolution of cashless gaming, providing a seamless and secure payment experience for patrons.”

Everi’s CashClub Wallet is a mobile digital wallet that enables casino operators to offer a cashless and contactless funding option for the casino floor that elevates patron engagement with frictionless, omni-channel payments. This agreement will empower casino operators with a single wallet solution to deliver on all aspects of the emerging mobile casino ecosystem, including funding at the gaming device, payments at point of sale, and funding online sports betting, iGaming, or social gaming.

“Everi’s strategic agreement with CPI represents a new era for casino patron funding, helping streamline the financial access process with a combination of our innovative, integrated solutions,” said Darren Simmons, Everi’s Executive Vice President and FinTech Business Leader. “With self-service capabilities increasingly favored by consumers across all of their spending experiences, Everi is leading the way in patron engagement by integrating our system-agnostic digital CashClub Wallet technology with CPI’s Betbridge™ solution to provide casino patrons with a convenient, end-to-end, at-machine mobile funding experience.” 

This agreement signifies a paradigm shift in how consumers engage with casino payment systems, offering convenient, seamless, and secure payments that will improve the playing experience for patrons.

For a live demo, visit us at G2E 2024 (CPI #4447 or Everi #1150)

Learn more at - https://www.cranepi.com/en/casino-cashless-payments

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About CPI
Crane Payment Innovations (CPI) is part of Crane NXT, Co., a premier industrial technology company. CPI provides a full range of unattended payment solutions aimed at the Gaming, Retail, Transportation, Vending and Financial Services applications. CPI is built on the technological heritage and market expertise of the Conlux, MEI, NRI, CashCode, Telequip, Money Controls, and the Cummins-Allison brand. CPI is headquartered in the United States with offices, manufacturing facilities, distribution, and service centers worldwide. For additional information, visit www.cranepi.com.

About Crane NXT
Crane NXT is a premier industrial technology company that provides trusted technology solutions to secure, detect, and authenticate what matters most to its customers. Through its two industry-leading business segments, Security & Authentication Technologies and Crane Payment Innovations, Crane NXT provides customers with advanced technologies to secure high-value physical products, sophisticated detection equipment and systems, and proprietary products and services that protect brand identity and digital content. Crane NXT’s approximately 4,500 employees help our customers protect their most important assets and ensure secure, seamless transactions around the world every day. For more information, visit www.cranenxt.com.

About Everi
Everi’s mission is to lead the gaming industry through the power of people, imagination, and technology. Focused on player engagement and assisting our casino customers to operate more efficiently, the company develops entertaining game content and gaming machines, gaming systems, and services for land-based and iGaming operators. The company is also the preeminent provider of trusted financial technology solutions that power the casino floor while improving operational efficiencies and fulfilling regulatory compliance requirements, including products and services that facilitate convenient and secure cash and cashless financial transactions, self-service player loyalty tools and applications, and regulatory and intelligence software. For more information, please visit www.everi.com, which is updated regularly with financial and other information about the company.

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