ATLANTA--(BUSINESS WIRE)--To help financial institutions address current and future customer demands, NCR Corporation (NYSE:NCR) debuted today the SelfServ™ 63, a small-footprint, cash recycling ATM. The industry’s most compact cash recycling and check deposit ATM, the SelfServ 63 is built on NCR’s second-generation cash recycling technology, deployed in 89 countries worldwide. It is available now in North America.
The NCR SelfServ 63 cash recycler is a small-footprint, self-service device designed to be deployed in locations where floor space is at a premium, yet still offer advanced flexibility including the ability to accept, validate, sort and store cash quickly and reliably. Accepted cash can then be made available to consumers to withdraw cash, thus reducing cash replenishment costs and improving availability.
Cash recycling ATMs are the fastest growing type globally and consumers in many countries use ATMs frequently for cash deposits. Installations of cash recycling ATMs are also growing in the United States. According to industry analysts, deliveries of new recycling ATMs to US financial institutions more than doubled in 2018 and this trend is expected to continue.
“Worldwide, cash recycling ATMs are a growing component of self-service banking and the NCR SelfServ 63 enables more flexible deployment of this technology,” said Adam Crighton, general manager, Self-Service Banking, NCR Corporation. “As financial institutions and other financial service providers plan for the future, the NCR SelfServ 63 small-footprint cash recycler will help them meet this growing market opportunity.”
The SelfServ 63 can offer up to 130 percent more cash capacity* and reduce cash-in-transit costs up to 50 percent. It includes NCR’s intelligent deposit technology to accept cash and checks and can be used in a cash dispense/deposit-only configuration until cash recycling is required.
For more information, visit www.ncr.com/banking/atm-self-service/intelligent-recycling-deposit-atms.
*when migrating from mixed media deposit to recycling in deposit configuration
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leading software- and services-led enterprise provider in the financial, retail, hospitality, telecom and technology industries. NCR is headquartered in Atlanta, Ga., with 34,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries.