News

GRGBanking launches original equipment business

May 31, 2011

GRGBanking Equipment Company Ltd., China's largest ATM manufacturer, today announced the launch of an original equipment business.

The original equipment manufacturer (OEM) will include a wide range of cash dispensing, cash accepting and cash recycling modules, said company officials. The modules are included in GRGBanking ATMs, kiosks, teller assistant units, vending machines and other GRGBanking self-service terminals. GRGBanking owns the Intellectual Property Rights to the modules.

"Our OEM products have grown mature enough and will be a very strategic business line for GRGBanking as its vision to become the global leading cash processing and recognition solution," said Dr. Eduardus Vaigauskas, general manager of GRGBanking Hong Kong.