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Crane Payment Innovations Company Overview
Crane Payment Innovations (CPI) is a U.S.-based division of Crane NXT that designs and manufactures automated payment and cash management systems. With a history dating back to 1926, the company provides coin and bill acceptors, cash recyclers, currency counters, coin dispensers, and integrated software solutions used in sectors such as vending, gaming, banking, transportation, retail, and parking. CPI supports both traditional and digital payments, including mobile wallets and contactless transactions, and offers features like real-time monitoring, IoT connectivity, and centralized cash tracking. Its hardware is often found in self-checkout kiosks, ATMs, and other unattended payment systems. The company employs more than 3,000 people worldwide and operates over 60 facilities. CPI invests a portion of its revenue in research and development and holds several hundred patents. While direct customer reviews are limited, the company is widely used in enterprise environments and is known for its reliability, long-standing presence, and comprehensive hardware-software integration for secure and scalable payment infrastructure.