GRG Banking recently launched a new OEM business

May 30, 2011

Today, GRGBanking is very proud to announce that we are one of the few companies in the world who have their own IPR of full series of cash processing modules. Our wide range of cost-effective and high-performance cash processing modules comprises cash dispensing, cash accepting & cash recycling modules. They are industry leading technologies regarding quality and performance, and have so far been in use in all kinds of GRG ATMs, kiosks, teller assistant units, vending machines, as well as other GRG self-service terminals.

“Our OEM products have grown mature enough and will be a very strategic business line for GRGBanking as its vision is to become the global leading cash processing & recognition solution provider.” Mr. Vaigauskas, the General Manager of GRG Hong Kong, said.

With years of successful operation in ATMs and AFC equipments, GRGBanking has been engaged in the development of cash processing technology for more than 10 years. In 2005, GRGBanking’s banknote acceptor technology passed technical appraisement of National Information and Technology Ministry of People’s Republic of China. In 2007, GRG Bill Acceptor module’BA-15’ was presented to the public and successfully used in Shanghai Metro, Vietnam East Asia Bank, Mexico Telnet etc.. GRG Bundle cash dispenser CDM8240 has reached the global mainstream standards and successfully been in use in Australia and USA as well as in the domestic AFC market in great volume. Now GRG Bulk cash deposit module CAM 8340 came into operation in domestic banks as well as overseas banks in South Africa and Russia, etc. Meanwhile, GRG Cash recycling module CRM 9250 has been recognized by the biggest bank in Turkey and lots of domestic banks.


Topics: Manufacturers

Companies: GRG Banking Equipment (HK) Co., Ltd


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