HiStone and CPI Join Forces to Enhance Retail Checkout Experience

Qingdao, China  - September 13th, 2024 — HiStone, a global leader in business technology solutions, is pleased to announce its partnership with Crane Payment Innovations (CPI), a leading provider of automated payment systems. This partnership is set to push the boundaries of retail technology by integrating HiStone’s self-checkout systems with CPI’s cutting-edge Paypod™ cash automation technology, giving retailers a smoother, more reliable, and more efficient checkout experience.

"The strategic partnership between HiStone and CPI marks a significant milestone in the evolution of retail technology. By integrating our self-checkout solutions with CPI's Paypod Compact payment system, we are elevating the retail experience to new heights. This collaboration is a testament to our shared commitment to innovation, security, and efficiency, ensuring that we meet and exceed the expectations of today’s discerning consumers," says Chris Yost, VP North America, HiStone.

“At CPI, we are leading the future of flexible design, and it is our mission to deliver a seamless, secure and frictionless customer experience when paying with cash,” says Curtis Hallowell, Director, Strategic Alliances. "That journey starts with allowing for cash payments for self-service applications, and we work with our partners to deliver a truly personalized checkout experience. Through this partnership, retailers can now leverage two top retail technologies to support their retail checkout automation projects.”  

About HiStone:

With over 35 years in the industry, HiStone is a global leader in Point of Sale (POS) and Self-Checkout solutions. Recognized as the #1 EPOS supplier in Asia-Pacific, #4 Self-Checkout supplier worldwide, and #2 Self-Ordering Kiosks supplier globally, we consistently deliver innovative hardware solutions tailored for the retail and hospitality sectors. Annually undertaking 100+ global projects, HiStone's commitment lies in enhancing shopping experiences, driving value for retailers, and elevating business operations. Our innovative solutions, integrated with advanced features, empower businesses to navigate the dynamic digital age with efficiency and agility. For additional information, visit https://hics.histonetec.com.

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: 

Founded in 2023 following the separation of Crane Holdings, Co. into two separate companies, Crane NXT is comprised of Crane Payment Innovations, Crane Currency, and OpSec Security. Together, we have over 4,000 associates who are focused on providing advanced technologies and services to our customers worldwide.

Our deep expertise, proprietary technologies, and aftermarket services help our customers protect their most important assets while ensuring seamless and secure transactions. Crane NXT is listed on the New York Stock Exchange under the symbol CXT. For more information, visit www.cranenxt.com.