For all the talk about a cashless society, the world still runs 90% of retail transactions in cold hard cash. And that is why, even in Malaysia, the number of ATMs are increasing. But installing an ATM is not cheap. There is an infrastructure requirement and on top of that software and hardware developments.
Balancing the cost of the machine and the service and revenue it brings is the goal. And there is now a reliable, secure and flexible technology that can do that. Cash Recycling Machines (CRM) are dual function machines which can take deposits, process the notes and then use that for withdrawals. This lowers operations cost but only if the machine works.
OpenSys has partnered up with world leader and original inventor of the CRM, OKI Electric Japan. You can click on these links to find out more about which OKI machine can make your bank and customer experience better.
There are less headaches when you work with one of the best cash recycling ATM’s in the world!
OKI was the first to invent the cash recycling ATM and with the continued focus on research and development, they’ve maintained their edge with new technology. That’s over 30 years of experience and why we work with their machines.
The OKI RG7 is basically a CDM and an ATM. The magic of technology goes on inside the unit as cash that is deposited is then reused in withdrawals.
This makes a huge difference to not only the customer experience but to the bottom line:
- Cost savings of up to 30% compare to conventional ATM and CDM
- Reduce replenishment/collection trips to ATM and CDM by up to 80%
- Reduce daily cash holding by up to 70%
- Lower cost of ownership compare to ATM and CDM
But what sets the OKI RG7 apart from other cash recycling ATMs is the quality:
- You get faster bank note processing
- Everyone wants a very high acceptance rate on first pass and you get that
- There is a very low paper jam rate
- And even if does jam, there is an automatic note jam recovery
- Finally, this machine was built to handle large capacities
The machine is secure, easy to work with and reliable:
- Configurable for combination of deposit, dispensing and full recycling functions
- Bank note validation on acceptance as well as on dispense
- Configurable for bank note serial number recognition
- Configurable for multi-currency
- Industry grade safe
And here’s why the customers and premises owners love it:
- Space is money and this machine has a slim footprint
- It comes with rear view awareness mirrors
- As well as Privacy Side Panels
- The convenience and security of a touch screen TFT with privacy filter
- Configured with customer receipt printer and journal printer
- User friendly notes bucket with a lift mechanism for clear visibility of notes
- Card reader with anti-skimming and anti-phishing
- EPP with PIN privacy cover