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Different types of cash handling machines

We offer insights into how each machine caters to different sectors, including retail, finance, and gaming, ensuring you find the ideal match for your business needs. Maximize accuracy, enhance security, and drive efficiency with our state-of-the-art cash handling technology. Discover the perfect cash management solution for your enterprise with RIBAO Technology.

March 06, 2024

In the dynamic financial industry, the array of cash handling machines aids various businesses in managing, counting, and processing currency with precision and efficiency. The selection ranges from standalone validators to sophisticated sorters, each serving a unique function in the cash management ecosystem. Here's an overview of the different machines designed to cater to the diverse needs of typical users:

Standalone Note Validators

They are compact devices used mainly at points of sale to authenticate individual banknotes. They are suitable for environments where verifying the authenticity of currency quickly is crucial.

Typical users: Used by staff to check individual notes tendered by customers at tills and other points of sale

Single Note Cash Accepting Components

They are designed for environments that handle transactions like ticketing or self-service checkouts, where individual note acceptance is required.

Typical users: Ticketing, change, gaming, self service checkout, vending and some staff operated deposit and recycling machines.

Desktop Note Counters

The desktop note counters cater to retail cash offices or financial institutions where there's a need to count large volumes of cash. These machines offer authentication and denomination separation features.

Typical users: Cash offices of retailers, financial institutions and other businesses that need to count and authenticate higher volumes of cash

Desktop Fitness Sorters

Desktop fitness sorters are similar to note counters but with the added capability to sort banknotes based on their physical condition, crucial for financial institutions handling high volumes of mixed quality notes.

Typical users: Cash offices of retailers, financial institutions and other businesses that need to count and authenticate higher volumes of cash and separate out fit and unfit notes.

Customer Operated Deposit ATMs and Recycling ATMs

These ATMs are commonly placed in bank branches for depositing and recycling cash, allowing customers to deposit banknotes which are then made available for withdrawal.

Typical users: Customer operated machines typically found inside the branches of banks and building societies.

Cash Office and Staff Operated Deposit Machines

These machiens specialize in the deposit of notes and are typically used by financial institution staff for managing cash deposits.

Typical users: Staff operated machines typically found in the cash offices of banks, retailers and other financial businesses.

Staff Operated Deposit and Recycler Machines

These machines enhance the cash deposit process with recycling capabilities, ideal for retail or bank settings.

Typical users: Staff operated machines typically found under or at the counter in banks, retailers and other financial businesses, sometimes referred to as Teller Assist.

Staff or Customer Operated Deposit and Recycler Machines

They combine deposit and recycling for a seamless cash handling experience at retail counters.

Typical users: Staff or customer operated machines typically found at the counter in retailers and other businesses.

Components for Customer Operated Deposit and Recycling Machines

They are integral parts of the ATM setup, ensuring note authentication and transport for deposit and recycling purposes.

Typical users: Component for host customer deposit and recycling ATMs

High Speed Note Sorters

High speed note sorters are employed at wholesale cash centers, where they handle large volumes of currency, sorting at impressive speeds of up to 40 notes per second.

Typical users: Wholesale Cash Centres

Medium Speed Note Sorters

Medium speed note sorters operate similarly to high-speed sorters but are suited for slightly lower volumes, sorting up to 20 notes per second, also used at wholesale cash centers.

Typical users: Wholesale Cash Centres

Each of these machines is typically utilized by a user who requires dependable cash handling efficiency, from retail managers and bank tellers to cash center operators. Understanding the specific needs of your business, such as the volume of transactions, counterfeit risk, and currency types handled, will guide you to the appropriate cash handling machine, ensuring streamlined operations and enhanced security.

Further reading: How to choose money counter machines?

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  •                            
    Mr.Curt Nedell
  •                            
    Suzhou RIBAO Technology Co. Ltd.
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    inquiry@ribaotechnology.com
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