Hyosung is leading Branch Transformation and Recycling across the financial services industry. Together with our newest models, the MX8300D, MX8300T, MX8300I, Hyosung once again set the standard and leaves competition at the starting line with the first complete family of recycling hardware in the industry.
Ready. Set. Go.
Interchangeable Technology
Better User Experience
Cash recycling at the ATM optimizes cash handling by reducing or eliminating many steps along the cash life cycle. At CIT-serviced ATMs, recycling reduces the frequency of CIT visits by re-using deposited cash for future withdrawals. Reducing the frequency of CIT visits results in a direct, calculable reduction in CIT expense.
ATM recycling reduces the frequency of cash service events at the ATM. This reduction leads directly to an easily quantifiable cost savings associated with service event reduction across a population of ATMs.
The value of recycling extends beyond service events at the ATM, however. Many associated cash processing tasks are also impacted, providing multiple value levers for a bank’s operations.
Interrogating the entire cash cycle will allow for a holistic business case associated with the implementation of ATM recycling.
The 8300 series can be installed Cash Dispense only, Deposit Automated with or without recycling or full ITMs with or without recycling.
Yes. Roughly 4-6 of the major processors already do and more are on the way. To protect your investment, you can buy the recycling 8300 and run it in dispense only mode until your processor is ready.
Typically we see cost of cash handling reduced by 50%. This includes fewer trips to load the ATM/ITM during the week or for many clients, less trips to empty the cash deposit bin.
Whether it's a QDS solution or a competitor solution, we want to help you reach your branch goals. Have additional questions about cash recycling ATMs or ITMs for your financial institution? We're here to help.
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