Uptime Based SLAs vs. Response Time Based
Reduction in Cost Per Transaction from Teller to ATM
Customer Access with Deposit Automation
Walt Joyce, CTO, Peoples Bank of NC
Cash recycling is available today! Hyosung is the cash recycling innovation leader offering a full line of cash recycling products to support your branch transformation. A robust set of transactions greatly improves the limited traditional ATM experience.
The 7800 series enables customers to choose how they want to interact with your financial institution by offering a robust set of transactions through Hyosung’s industry-leading core integration solutions. The modular design and high capacity drive Hyosung’s industry-leading availability and serviceability.
Designed to provide unprecedented reliability, the 7600 series is unparalleled in the market.
The price of a Cash Dispense only ATM typically ranges from $25,000-$34,000. Future-proof technologies like near-field communication, Anti-Skimming and upgrade path to cash recycling impact the price point of the solution. Also whether the unit is a through the wall or island drive up, can impact the price point.
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The price of a Deposit Automated ATM typically ranges from $40,000-$55,000. Components like cash recycling for deposits, near-field communication, screen size, all have an impact on unit cost in the range. Format type like through the wall, or island drive up, also impacts the price point.
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The cost of an Exterior ITM typically ranges from $65,000-$80,000 depending on the format like through the wall or island drive up. Cash Recycling functionality can also be priced in a higher range.
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The price of a Lobby ITM can range anywhere from $30,000-$70,000. Factors like the number of cassettes, video teller support or not, coin dispenser, check deposit module type and sizing can all factor into this wide range of feature/functionality.
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As the branch experience evolves to meet the ever-changing demands of consumers, financial institutions look to deposit automation at the ATM to provide additional value and convenience while extending service hours and locations for their customers or members.
Deposit automation empowers the consumer while reducing branch operating costs.
Read: How One Bank Sparked Growth with Deposit Automation
If you're looking for a security solution to prevent damage or theft from affecting your fleet, consider implementing security gates. These barriers are designed to arm your fleet against break-in attempts that might impair one or multiple ATM machines.
Many security gates also have monitor and alarm systems that can better the overall security of your machines and financial institution. Get in touch with a QDS representative today to find out what options are right for your FI!
Your brand and how it's presented is crucial to creating a credible and distinctive voice for your financial institution. Your machines should reflect this.
QDS provides carefully curated, custom designs to make your machines graphically and aesthetically-pleasing, branded technology. From specialized graphic screens to tailored ATM accessories, QDS has the solutions to turn internal and external elements on your fleet into trademark masterpieces.
The MX8300I gives financial institutions the ability to offer full functionality including cash recycling and check deposits including withdrawal denomination selection powered by today’s latest recycling technology.
Multi-function, free-standing island terminal, which is much more than a simple ATM with the choice of how to interact: self-service or with the help of on-demand video assistance.
This island drive-up ATM can easily be upgraded from a cash dispenser to deposit automation and supports large volume transactions
The MX8300D gives financial institutions the ability to offer full functionality including cash recycling and check deposits including withdrawal denomination selection powered by today’s latest recycling technology.
The 7800D's modular design and high capacity allow for industry-leading availability and serviceability.
The 7600D through-the-wall drive-up ATM can easily be upgraded from a cash dispenser to deposit automation and supports large volume transactions.
The MX8300T enables customers to choose how they want to interact with your financial institution with a robust set of transactions.
The 7800T modular design and high capacity drive Hyosung’s industry-leading availability and serviceability.
The 7600T through-the-wall drive-up ATM can easily be upgraded from a cash dispenser to deposit automation and supports large volume transactions.
The 8800 is a multifunctional, cash recycling, on-demand tablet/video branch solution.
The small footprint MX8200QTN is designed to assist financial institutions migrating teller transactions with the perfect blend of functionality and modern design to complement evolving branch strategies.
The future of small footprint, full function, recycling ATMs is here. The MX8100 is the smallest footprint, full-function ATM available in the market today.
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.
We have evaluated the pros and cons of ITMs in the download. If you would like to dive deeper into ITMs click here for our ITM Buying Guide.
It you have not yet decided whether ATMs or ITMs are right for you than click here for that full comparison.
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Whether it's a QDS solution or a competitor solution, we want to help you reach your branch goals. Have additional questions about ATMs for your financial institution? We're here to help.
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