Different Types of Cash Registers

Ideal for secure payment processing, the cash drawer is an essential tool for any type of business. It streamlines the checkout process and simplifies revenue accounting. However, there are numerous models available to pair with a cash register. We have prepared this guide to help you make the right choice for your cash drawer.

What is it?

As the name suggests, a cash drawer is a drawer equipped with a cash box. Typically made of metal, it is used to store and secure a business’s daily takings, including banknotes, coins, checks, and more. To this end, the unit features a locking system and can be opened either automatically or manually.

Cash drawers often feature multiple compartments, each designed for a specific purpose. As a result, there are dedicated slots for coins and others for banknotes. Some even include sections for checks, discount coupons, and more. Thanks to these various compartments, the cash drawer allows for the easy and efficient handling of currency.

Different types of cash registers

There are various types of drawers available on the market that you could pair with a cash register. Two main types can be distinguished: manual and automatic. The former features a lock and is opened manually using a key. Some models are equipped with a button for quick drawer access. The automatic drawer is a tool that opens automatically upon payment.

It is generally connected to a cash register or a printer. It can also be linked to a point-of-sale computer running specialized software. In certain instances, the automatic cash drawer may also feature a manual override system.

The type of opening mechanism is also a key differentiating feature among cash drawers. There are two main categories: front-opening drawers and lid-opening drawers. The former opens like a standard drawer and simply requires a push to close and lock. The lid-opening drawer opens vertically. This design offers the advantage of concealing the cash contents from customers and is particularly useful when counter space is limited.

Indeed, it can be built directly into the counter. The top-loading drawer is operated by the cashier, and once the lid is closed, it locks automatically. The choice between these two types of drawer depends on your available space as well as your personal preference.

How to Choose the Right Cash Drawer ?

When choosing the right cash drawer, it is important to consider several key criteria. In addition to the drawer’s opening mechanism, you must also account for the storage compartments. Cash drawers feature specific compartments designed for coins, as well as separate slots for banknotes.

Please refer to the product specification sheet to learn more about the specific features of your cash drawer. Depending on your requirements, the coin compartments must be able to accommodate all denominations. The same applies to the most common banknotes. Indeed, having more specialized compartments makes both the checkout process and daily reconciliation much easier. However, the total number of compartments depends on the overall cash capacity.

Usage frequency is also a key deciding factor. In fact, most product specifications specify the intended use, allowing you to choose between light, regular, or heavy-duty usage. This choice will depend on the volume of your daily operations.

Employee headcount is also a key factor to consider. If cashiers rotate frequently, it would be advantageous to opt for a drawer equipped with removable cash inserts. This way, each employee can have their own dedicated tray, making the rotation process much faster.

Cash drawer manufacturers offer products that operate either on battery power or via an electrical outlet. Therefore, check the power source when making your purchase and choose the option that best suits your needs. If you opt for a battery-powered model, be sure to research the required battery type as well as the product’s average battery life.