For financial institutions, the cost of handling cash represents a significant part of ATM operating costs. With an effective cash management strategy in place, financial institutions can not only reduce costs but drive operational efficiency, enhance customer service and gain a competitive edge.
Here is where Cash Recycling and Automation Technology comes into play. Automating cash deposits with the help of innovative technology enables financial institutions to reduce Total Cost of Ownership (TCO) of ATM network while offering customers a range of benefits elevating customer experience. As a pioneer of this technology in India, top banks use Hitachi Payments for the management of its cash needs by the deployment of Hitachi CRMs.