April 26, 2013, Groupement des Cartes Bancaires (CB) certified the H22N & H68N ATM series of GRGBanking. Literally means “Credit Card Data Processor”, CB is an interbank and universal system of payments and cash-withdrawals by card in France. The CB compliant machines of GRGBanking are therefore permitted to be deployed in the country.
Patrick Labat, Regional Sales Manager for France from GRGBanking, said “We are very proud of obtaining this certification which underlines the will and determination of GRGBanking to become a strong and long term player on the French Banking Automation landscape. This milestone is a clear message to the French Banking community to consider GRGBanking as a trusted and reputable partner.“
H22N series is a new generation versatile Cash Dispenser in a compact cost-effective footprint, which makes it one of the customers’ most favorite models. Designed for maximum availability, the H22N series provides a broad range of services such as bundle cash dispensing, bill payment, fund transfer and prepaid card top-up.
H68N series, a new generation cash recycler, authenticates banknotes of multiple currencies and denominations both in depositing and dispensing process. The instant use of the deposited notes for dispensing reduces the money held in ATM to minimum, which improves cash usage and drives down operational costs by reducing the frequency for cash replenishment.
About Cartes Bancaires
As France's national interbank network, Cartes Bancaires represents more than 8 billion transactions, some 130 banks or member payment institutions, 1.2 million merchants in France and nearly 60 million cardholders. Created in 1984, the CB system is managed by an Economic Interest Group (EIG).
GRGBanking is a leading provider of currency recognition and cash processing solutions in the global market with great potential and rapid development. GRG specialize in the development/ manufacturing of Automatic Teller Machine (ATM) for financial institutions and retailers, Automatic Fare Collection (AFC) devices for railway or underground systems, as well as other currency recognition and cash processing equipment, modules and systems for over 20 years. Besides, GRG’s various Multi-Channel Software Solutions and Services cover the needs of the financial industry, retail, transportation, payment, self-service, cash automation, cash management outsourcing and managed services, customized for different customers around the world.
News Media Contact: Benny Huang