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The Benefits of Retail Cash Recyclers

The Benefits of Retail Cash Recyclers

Retail cash recyclers (or RCRs) are machines designed to quickly count, store, and dispense bills, automating a task that usually needs to be done manually by store employees. RCRs are a version of the machines that bank tellers use to count cash but are designed especially for the retail industry. Benefits to using retail cash recyclers include increasing staff […]

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How Retail Cash Recyclers Improve the Hotel Guest Experience

How Retail Cash Recyclers Improve the Hotel Guest Experience

Hotels have many revenue stream possibilities. Aside from the charges for overnight guests, hotels can enhance their profitability with restaurants, gift shops, bars, coffee shops, and many other amenities. However, these additional revenue streams can often be largely cash-based, which creates the necessity of allowing guests to access a convenient source of cash withdrawal.    Rather […]

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The History of the ATM

The History of the ATM

Today, anyone can walk up to an ATM and retrieve the cash they need for their everyday transactions. It’s easy to take this convenient banking technology for granted, yet it hasn’t always been available. The first retail ATM machine appeared in the U.S. in 1969. It only had one function: to provide cash. Today, they can do so much […]

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What Is a Teller Cash Recycler?

What Is a Teller Cash Recycler?

As physical branches continue the march towards a mostly automated future, teller cash recyclers, or TCRs, are playing a significant role. At Hyosung America, teller cash recyclers are some of our most popular designs as financial institutions across the continent implement their own branch transformation strategies.    We field many questions about TCRs, so we put together an […]

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The Key Features of a Cash Recycler

The Key Features of a Cash Recycler

A retail cash recycler is an ideal addition to a wide range of commercial spaces that serve customers. This newer generation of ATM machines provides a sophisticated way to please customers while improving the profitability of the retail space. There are a number of functions to consider as you explore your choices, including security features and pre-balance […]

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Boosting Business Revenue with Retail ATM Machines

Boosting Business Revenue with Retail ATM Machines

Retail ATM machines can be a great choice if you’re looking to earn more income for your business. By becoming a retail ATM machine provider, you create a passive income stream that doesn’t require much effort and allows you to set your own fees. In addition, it can also increase foot traffic to your retail store and generate repeat customers in your community.  Here are five […]

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Why Retail Cash Recyclers Are the Best Option in a Post-Pandemic World

Why Retail Cash Recyclers Are the Best Option in a Post-Pandemic World

Cash recycling machines are an excellent option for retail businesses in the post-COVID-19 era not only because they improve efficiency and save time and money, but because they significantly reduce the total number of touchpoints, helping keep customers and employees safer. The pandemic has changed a lot of our social behaviors, especially when it comes […]

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The Benefits of Cardless ATMs

The Benefits of Cardless ATMs

Customers are accustomed to inserting their cards into retail ATM machines to complete transactions, but by and large, they also eagerly embrace new technological capabilities that make their banking interactions easier and safer. Although ATM cardless cash withdrawal has only been available for a few years, consumers have welcomed the new technology with open arms. […]

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Compelling Reasons to Deploy More ATMs in 2022

Compelling Reasons to Deploy More ATMs in 2022

Since the advent of the pandemic, many business owners have been left wondering how the turbulent economic times may affect their companies in the months ahead. The good news is that even difficult times can open the door to new opportunities. For example, some companies are capitalizing on emerging trends by deploying more ATMs among […]

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Help Your Customers Operate a Retail ATM

Help Your Customers Operate a Retail ATM

When you become a retail ATM machine provider, it’s important to understand how it works. While they are designed to make each transaction easy and straightforward, some customers may still experience difficulties or remain unsure how to use them—and as the owner, they will look to you for answers. Here is everything you need to […]

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How Does a Teller Cash Recycler Work?

How Does a Teller Cash Recycler Work?

When it comes to banking technology, it seems like things are changing faster than ever. There always seems to be new essential hardware and software, and the preferences of customers are also continually evolving. One thing is for certain though—it always pays to be efficient. You may have heard that a teller cash recycler, or […]

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How to Improve the ATM Customer Experience

How to Improve the ATM Customer Experience

Although people rely on debit and credit cards, and card-less mobile banking apps for transactions, there is still a considerable demand for retail ATM machines. In addition to providing cash, these machines enable users to deposit checks, which further increases the customer demand for readily available ATMs. However, merely having a sufficient number of them […]

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