EVERI AND CRANE PAYMENT INNOVATIONS ANNOUNCE STRATEGIC AGREEMENT TO REVOLUTIONIZE CASHLESS PAYMENTS IN CASINOS

Everi's CashClub Wallet® has been successfully integrated with Betbridge™ solution by CPI to provide seamless cashless payments using the SC Advance™ note validator

Malvern, PA, October 3^rd, 2024 - Crane Payment Innovations (CPI), a Crane NXT, Co. (NYSE: CXT) company and a global leader in payment technology today announced its agreement with Everi Holdings (NYSE: EVRI), a premier provider of land-based and digital casino gaming content and products, financial technology, player loyalty solutions, and bingo. This collaboration will integrate Everi's CashClub Wallet® with CPI's Betbridge^TM cashless solution, enabling at-machine mobile payments in casinos. By building this solution on the trusted bill validator and TITO technology, CPI and Everi are making cashless payments seamless in casinos.

The Betbridge^TM cashless solution, a cutting-edge innovation by CPI, allows for at-machine mobile wallet payments with a simple upgrade to the installed base of SC Advance Note Validators. Unlike traditional cashless solutions that require a comprehensive CMS (Casino Management System) upgrade, Betbridge^TM offers a simplified implementation process and transparent pricing, facilitating a smooth roll-out of cashless payments for casinos. The integration with Everi's CashClub Wallet allows players to load money from their mobile wallet onto slot machines easily.

"CPI is constantly looking to develop new and innovative products that optimize efficiency and provide a seamless payment experience for the gaming market. We are thrilled to collaborate with Everi Holdings to bring a new level of convenience and innovation to the casino industry," said Evan Groat, VP, Connectivity at CPI. "The integration of Everi's CashClub Wallet with our Betbridge^TM solution marks a significant step forward in the evolution of cashless gaming, providing a seamless and secure payment experience for patrons."

Everi's CashClub Wallet is a mobile digital wallet that enables casino operators to offer a cashless and contactless funding option for the casino floor that elevates patron engagement with frictionless, omni-channel payments. This agreement will empower casino operators with a single wallet solution to deliver on all aspects of the emerging mobile casino ecosystem, including funding at the gaming device, payments at point of sale, and funding online sports betting, iGaming, or social gaming.

"Everi's strategic agreement with CPI represents a new era for casino patron funding, helping streamline the financial access process with a combination of our innovative, integrated solutions," said Darren Simmons, Everi's Executive Vice President and FinTech Business Leader. "With self-service capabilities increasingly favored by consumers across all of their spending experiences, Everi is leading the way in patron engagement by integrating our system-agnostic digital CashClub Wallet technology with CPI's Betbridge^TM solution to provide casino patrons with a convenient, end-to-end, at-machine mobile funding experience."

This agreement signifies a paradigm shift in how consumers engage with casino payment systems, offering convenient, seamless, and secure payments that will improve the playing experience for patrons.

For a live demo, visit us at G2E 2024 (CPI #4447 or Everi #1150).

Learn more at - https://www.cranepi.com/en/casino-cashless-payments

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