22 Cashless payment methods are becoming more and more popular. Whether contactless card payments or direct payments with a smartphone – digital is key, with no cash needed!” The advantages are clear: cashless payments are faster and more hygienic, without the need to carry around a heavy wallet full of change. For shops and restaurants, offering customers the option of cashless payment is becoming more and more important. An electronic payment terminal is essential for these kinds of businesses. An electronic payment terminal, like a debit or credit card reader, makes it possible to exchange funds electronically between a purchaser and seller without having to exchange a physical cheque or cash. The purchaser simply needs to hold their card or cell phone up to the reader, wait briefly for a beep, and the transaction is complete! A typical payment terminal consists of a card insert, a magnetic strip reader, a chip card reader, and an NFC (Near Field Communication) reader for contactless payments. The payment is then transmitted from the purchaser to the seller via an interface for authorising the transaction. To ensure a payment terminal does not suddenly go out during a transaction in a business, or need recharging each time a customer pays with a debit or credit card, payment terminals need energy storage solutions that offer high power, rapid charging and long operating times. Lithium-ion batteries meet all of these requirements. Using lithium-ion batteries in payment terminals, for instance, allows up to 300 transactions to be carried out easily. In addition, lithium-ion batteries also offer a higher energy density than other types of batteries. This means that they can store more energy in a smaller, lighter package. This is particularly important for mobile payment terminals which need to be lightweight and portable so that dealers and sellers can easily hand them to the customer. Trust in quality French company Planet Monetic, headquartered in Sophia Antipolis near Nice, is a leader in the European payment terminal market. The company was founded in 2003 by its current CEO Sébastien Beraud, and offers a wide range of payment terminals for different industries, such as retail, restaurants, hotels and the leisure sector. Planet Monetic uses lithium-ion batteries for its products, and has opted for safe battery storage and controlled charging with an asecos safety storage cabinet due to the large number of batteries the company keeps stored on site. “We were aware of the risks associated with storing and charging lithium-ion batteries. Because of this, we want a safe and certified solution for our company that allows us to store the batteries in a single cabinet that can be isolated in case of a fire”. As a pioneer in terms of safety, asecos understands the potential hazard posed by lithium-ion batteries, and has developed ION-LINE safety storage cabinets as a solution for safe battery storage and charging. “Another company recommended asecos products to us. We then decided to put our trust in asecos and chose an ION-LINE model”, Sébastien explains. Planet Monetic employees need to go to the safety storage cabinet more than three times a day, for instance to remove or insert batteries, so the position of the cabinet in the work area played an important role. “The safety storage cabinet was positioned directly adjacent to the work area, at a central location where all employees could easily access it. We set it up at some distance from other flammable products”. Multi-stage warning and f ire suppression system Lithium-ion batteries pose a particularly high risk when the batteries are charged without supervision, for example outside of work hours (such as at night). Because of this, the cabinet model in use at Planet Monic is equipped with a multi-stage warning and fire suppression system and smoke detection. When a temperature increase is detected, visual and acoustic warning signals sound. The warning light changes Planet Monetic | France NO CASH? NO PROBLEM! “The safety storage cabinet was positioned directly adjacent to the work area...”
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