What are the Advantages of Denomination Selection?
Every customer has different needs, and the ATM that can meet the widest variety of needs will see the greatest customer satisfaction and the most traffic. For certain customers, the choice of cash denominations can be the reason to patronize one machine over another and to return in the future. Denomination selection ATM software is a crucial component that will allow your multi-cassette machines to meet their potential. Denomination selection can be configured to work with any denominations you choose, which lets you tailor your machine’s capabilities to your customer’s preferences at any given location. Machines in areas where people generally withdraw smaller amounts will have increased flexibility. For other sites where customers tend to withdraw higher amounts, machines can be optimized to minimize the need for cash replacement.
Contact Hyosung America today and find out how denomination selection in your fleet of ATMs can make your machines more appealing to customers.
Lower-cost Dual Denomination
Have you ever wanted to offer multidenomination but the location’s foot traffic wouldn’t justify a 4K CDU? The Dual 1K Note Dispenser (2X1K) is your answer. The 2X1K CDU offers two 1,000-note cassettes that can be configured for any denomination, maximizing your deployment flexibility. This allows multidenomination at a much lower cost.
Reduce Your Cost and Maximize Your Revenue
Not only is the 2X1K a lower-cost option for multidenomination, but it can lower your cost of cash as well. Operators report that offering denominations in addition to $20 bills actually lowers the average overall withdrawal amounts. For example, customers looking for $50 are forced to withdraw $60 in a single cassette ATM. The 2X1K enables the $50 transaction, increasing your margin on that transaction: same surcharge and interchange with lower cash consumption.
Improve Your Customer Experience With Denomination Selection
Cardholders love choice and you can now deliver. Along with the development of the 2X1K, we can now offer the additional benefit of denomination selection. This has been a very popular feature on our high-end FI ATMs and it will now be available on all of our multidenomination retail models.
Contact your Hyosung Authorized Distributor today for pricing and availability. Features and functions on this brochure are for U.S. ATM configuration; regulatory requirements and ATM configurations in other countries may vary.
