GLORY launches GLR-200 Teller Cash Recycler in North America

Glory’s latest innovation in the GLR Series simplifies handling multiple currencies.

LISLE, Ill--(BUSINESS WIRE)--Today, Glory announces the latest solution in its new GLR series of Teller Cash Recyclers (TCRs), the GLR-200. Building upon the successful launch of GLR-100 in August last year (read press release), this TCR features speed, efficiency and cash automation for financial institutions, and is capable of handling both paper and polymer currency in the US and Canada.

With multiple storage configurations, GLR-200 supports customer dispense and deposit transactions of any value or denomination, as well as foreign exchange. A choice of storage configurations and options means GLR-200 can meet any cash handling requirement unique to the financial institution, while complying with cash handling regulations for unfit and counterfeit notes.

As new branch concepts evolve, both GLR-100 and GLR-200 are designed to fit into locations where space is at a premium. By automating cash handling at the teller position, tellers can fully focus on customers and help with self-operated cash transactions. At financial institutions with TCRs installed, the operation achieves positive outcomes: optimizing staff activities, ensuring accuracy, increasing speed of cash management and realizing efficiency gains.

For the North American market, the GLR-200 fills a gap: “Our customers have asked for additional enhancements in our TCR line to ensure smooth recycling capabilities for both paper and polymer notes,” says Rick Friese, Executive Vice President, Financial Markets. “Our GLR series meets and exceeds the needs of our customer base. I am thrilled to be offering the latest in recycling innovation to our American and Canadian financial customers.”

The new GLR series connects seamlessly to Glory’s secure cloud-based UBIQULAR™ solution, which delivers enhanced business intelligence, remote monitoring, and device management across the enterprise branch network. The combined capabilities of Glory TCRs and UBIQULAR provide a comprehensive cash management solution achieving peak operational efficiency across the enterprise.

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About GLORY

As a global leader in cash technology solutions, we provide the financial, retail, QSR, cash center and gaming industries with confidence that their cash is protected and always working to help build a stronger business.

Our cash automation technologies and process engineering services help businesses in more than 100 countries optimize the handling, movement and management of cash. While we span the globe, we personally engage with each customer to address their unique challenges and goals — enhancing staff efficiency, reducing operating costs and enabling a more rewarding customer experience.

Employing over 10,000 professionals worldwide with dedicated R&D and manufacturing facilities across the world, GLORY is built on a rich customer-focused, technology-driven heritage spanning almost a hundred years. For further information please visit www.glory-global.com or follow us on X: http://twitter.com/glory_global.