Michigan Legislation Allows Cash Payment Using ATM’s
In the world of Scrap Yard Management, cash is king. Peddlers selling scrap prefer the all mighty dollar over checks. With the ever changing laws being imposed by local, state and federal legislation, cash payment is becoming more difficult. With our Cash Management System, paying cash is a simple and effective process. A lot of states are now requiring an ATM or Cash Dispenser to disperse cash payments. Michigan, a state that has cash payment restrictions, now allows cash payments with an ATM for most transactions. Utilizing an encrypted bar coded receipt, peddlers have access to cash via an ATM.
All transactions are stored in an internal database and can be tracked at all times using the EZcash software module to help keep a running balance of disbursed cash and payments. Internal fraud is a thing of the past as the barcoded receipt is generated by your Scrap Metal Software (Yard Management Software such as Scrap Dragon) and processed on the spot for accurate payment disbursement.
TranAct has been providing quality ATM and Cash Dispenser solutions for over 15 years! Trusted brands like NCR, GRG and Arca continue to provide high standards in safety and reliability which we pass on to you. Our developers are continually researching new technologies to create quality Scrap Metal Software solutions for all your yard management needs.