Lipman USA unveils new self-service purchasing solution

The new products, Nurit ATM and Nurit Scrip, are aimed at maximising convenience for retailers and consumers. Lipman USA's Israeli parent company has reported record profits.

Lipman USA, Inc. has introduced its newest solutions for the Point-of-Interaction market, the Nurit ATM and Nurit Scrip self service delivery solutions. The company said that the customer-activated terminals were designed to offer retailers the ability to meet their consumers' needs by giving them quick, easy access to cash, prepaid services and checkout.

Nurit ATM gives a total self-service banking kiosk, enabling customers to perform banking functions and obtain information.

The Nurit Scrip multipurpose e-Scrip solution is aimed at mall food courts, fast food restaurants, convenience and grocery stores. It eliminates the need to handle cash.

"We are very excited about the multiple revenue streams that the Nurit solution can offer our retail customers now and in the future," said David Lipkin of Merchant Profit Solutions (MPS). "Incorporating cash availability with pre paid services, especially with a cash accepting device will ensure high volume at the ATM, and is well positioned to increase in-store transaction volumes. The Nurit line also opens up any number of new market opportunities."

The Nurit Scrip solution can also be deployed as a self-service checkout terminal. The terminals are designed with a small footprint, saving merchants valuable retail floor space. Both solutions can be operated in a wireless environment.

"The Nurit line of self-service products offer a significant increase in business value to retailers looking for a complete in-store interactive solution, said Mony Zenou, president of Lipman USA."

Lipman USA, Inc is a wholly owned subsidiary of Lipman Electronic Engineering, Ltd. which is listed on the Tel Aviv Stock Exchange under the symbol LPMA.TA. Today, Lipman Electronic Engineering reported record profits of NIS 22 million for the fourth quarter of 2001. 

Merchant Profit Solutions (MPS) specializes in full service placements of ATM machines and wireless credit card processing.

Published by Israel's Business Arena on February 21, 2002

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