The world’s first system that accepts physical cash and returns change electronically — directly to your card via EFTPOS. No coins. No tills. No reconciliation. Ever.
Retailers can’t go cashless — but the true cost of cash handling is enormous and entirely avoidable.
Staff count tills at start of shift, mid-shift replenishments, end-of-shift balancing, and back-office banking preparation.
3–5 hrs Lost per store per dayCashier errors, internal theft, external robbery, counterfeit acceptance. Every cash interaction is a risk point.
$9.4B Annual retail shrinkage AUTill variances, banking discrepancies, and denomination errors require daily investigation and reporting overhead.
Zero Variances with CIDCOCoin orders, denomination management, change-giving errors. Every retail transaction risks human error at the moment of change.
100% Eliminated at POSThe same EFTPOS terminal already in every store does all the work — no new hardware required.
Cash is inserted directly into the secure cash-handling device. Staff never touch it.
The device authenticates, counts, and communicates the validated amount to the POS terminal instantly.
The system calculates any difference between the cash tendered and the purchase price.
The consumer presents their debit or credit card at the EFTPOS terminal — just like a normal tap.
The electronic change is credited directly to the consumer’s card. No coins. No receipts to redeem.
Both the merchant credit and the consumer e-change are processed as one unified EFT transaction.
Retailers keep every cash-paying customer. They lose every cost and risk that came with them.
Eliminate the daily float setup, replenishment, and end-of-shift balancing. The cash drawer is gone entirely.
Every cash transaction settles electronically in real time. Next-day value into the merchant account — even for cash.
Staff never touch cash. Shrinkage, internal theft, and robbery risk are eliminated at the point of contact.
No counting coins, no giving change. Every transaction completes faster — reducing queues and improving throughput.
Cash is validated, counted, and reconciled with the POS and EFT system automatically. No variance reports needed.
Uses the existing EFTPOS terminal already in every store. No new network infrastructure required. Deploy today.
The primary market. Every supermarket, convenience store, service station, and pharmacy accepting cash faces the same daily operational burden. CIDCO eliminates it entirely.
CIDCO uses existing EFT infrastructure — making it a natural licensing opportunity for banks and acquiring institutions seeking to reduce the cost of cash without excluding consumers.
Gaming venues already use ticket-based cash redemption. CIDCO extends this model to retail — enabling the same consumer experience with direct card credit rather than physical redemption.
Australia Post, Services Australia, state revenue offices, and government agencies handling cash benefit directly. The system aligns with RBA mandates to preserve cash access while reducing operational cost.
Australian Standard Patent filing ready. Global PCT strategy defined. 32 claims protecting the method, system, and every alternative embodiment.
Method claim: Physical cash accepted, EFT terminal credits excess value as electronic change to consumer’s card — as a single unified EFT transaction.
System claim: Secure cash device + POS terminal + EFT terminal + transaction processing module — no physical change at any point.
Secondary embodiment: Digital entitlement (QR code / token) for card-less consumers, redeemable at authorised external points.
No hardware mod: Compatible with existing EFTPOS terminals — no network infrastructure changes required.
Full moat: Vouchers, kiosks, loyalty rebrand, delayed settlement — all covered. If they eliminate physical change, they’re inside the claim set.
Platform-level control of the cash-to-digital transition. Multiple revenue streams. Regulator-agnostic architecture.
Every POS vendor must license or litigate to offer no-change cash processing.
Embedded transaction revenue + branch cost reduction + CBDC readiness.
Redemption network fees. Cross-venue interchange. Existing ticket infrastructure extended.
Financial inclusion mandate alignment. Australia Post. Welfare disbursement. Disaster relief.
$0.05–$0.20 per cash transaction. Cannot be bypassed without infringing core claims.
Monthly per-store licence fee. Predictable recurring revenue independent of transaction volume.
Interchange-style fees on each redemption event at authorised external points.
Banks and POS vendors licence the platform. They carry regulatory burden — not us.
Enterprise licences for postal services, welfare agencies, and national infrastructure rollouts.
Whether you’re a retailer, bank, technology partner, or investor — we want to hear from you.