Merlin

Merlin is a company specializing in the design, development, and manufacturing of advanced cash handling solutions. Operating primarily in the retail and banking sectors, Merlin provides a wide range of products including coin deposit and dispensing units, banknote counting machines, counterfeit detectors, and fitness sorters. The company serves major clients such as Geldmaat, a joint venture of ABN AMRO, ING, and Rabobank, which has ordered over 700 units for coin deposit and dispensing. Merlin's business model revolves around selling these specialized machines and providing ongoing service and support, ensuring secure and efficient cash handling for their clients. The company generates revenue through the sale of its products and through service contracts for maintenance and support. Merlin's market includes retail locations and bank branches throughout the Netherlands, and its products are known for their high security features, including bespoke PIN verification routines and secure connections to back-office systems. The company also collaborates with partners like Brinks and Lincsafe to deliver comprehensive cash handling solutions.

Keywords: cash handling, coin deposit, banknote counters, counterfeit detectors, fitness sorters, retail, banking, secure connection, PIN verification, Netherlands.