News

Wincor partner introduces sophisticated cash-recycling ATM to Eastern Europe

September 10, 2009

Lithuania-based BS/2, a member of the Penki kontinentai group, says it is now selling the Wincor Nixdorf ProCash 4000, a recycling ATM, to financial institutions in Eastern Europe.

According to a news release, the ProCash meets all accessibility requirements for persons with disabilities and offers cash dispensing, cash acceptance as well as other banking transactions.

But BS/2 says the most impressive feature is the advanced-function ATMâ€˜s ability to recycle and redispense the banknotes that are deposited.

Mantas BarÅ¡ys, head of the marketing department of BS/2, says the ProCash is the most sophisticated ATM to enter Lithuania:

There were no ATMs at this level of sophistication in Lithuania and most of the Eastern European countries before. There are devices which accept cash, but they do not return it to circulation. When the banknote cassettes of the ATM are full, they must be replaced by empty ones.

The ProCash also replaces empty cassettes with full ones and full cassettes with empty ones, helping Fis to cut expenses associated with replenishing ATMs with cash.

Barsys says the ProCash 4000 will be marketable in Lithuania, where banks have recently begun to installing ATMs with cash-deposit modules, and in other Baltic and Eastern European countries.

The ProCash 4000 recognizes 120 different denominations and can hold 12,500 notes at one time.