WEST CHESTER, PA — MEI has teamed up with electronic recycling companies Intercon Solutions and Scientific Recycling Inc. to offer a “no landfill” recycling process for electronic vending products. MEI explained that the need for such a process became evident when it received a large number of outdated bill validators from vending and amusement customers taking advantage of its “New $5 Trade-in Program.”
The program, which was recently extended to September 15 because of overwhelming response, allows operators to trade in existing bill validators for credit toward the purchase of the latest MEI Series 2000 flash-programmable model, preloaded with software that recognizes the new $5 bill. Operators get a $40 credit for replacing non-flash MEI Series 2000 validators, and $20 in credit for replacing other MEI and non-MEI models.
When Intercon and SRI receive units for recycling, they disassemble the products and return the components to the market instead of disposing them as waste. To date, MEI has recycled thousands of units.
To kick off the validator-recycling program, MEI is managing the logistics of the pick-up and transport, and paying the expenses for the bill validators being recycled through the trade-in program. MEI encourages all customers to make use of this or similar recycling programs as they upgrade vending machines and other electronic products.
MEI reports that it has the world’s largest installed base of unattended payment systems, handling more than two billion transactions weekly. Its products are in widespread use in the vending, soft drink, gaming, amusement, transport, retail and kiosk markets. For more information, visit MEI online or call (800) 345-8215.