GRG Demos Innovative Solutions in the Cash Handling Show Africa 2015



March 10-11, 2015, GRGBanking joined the Cash Handling Show Africa 2015 in Johannesburg, South Africa, which is one of the largest events on cash handling. Thousands of visitors from not only South Africa, but the rest of Africa attended the event.


In the event, GRG showcased its innovative cash handling solutions, including the full range of cash sorting solutions (CM100V, CM200V, CM400, CM800), intelligent cash deposit solution (P2800), innovative cash recycling solution (P5800) and versatile payment solution (K20).


Those products have been put into use in South Africa, whereby the sorting machines, which have been applied in the market for over one year, won quite positive feedback from representatives of G4S Cash Center when they visited GRG’s booth. Visitors from banks, retailers and solution integrators expressed their strong interests on those products and cooperation opportunities with GRG.



On the Payment, Banking & Mobility Seminar, Mr. Tugrul Karakaya, Head of Africa Region, XTM & Direct Banking, Kuveyt Turk Participation Bank talked about the successful project of Video Teller Machine (VTM) in Turkey, based on the solution provided by GRGBanking. He introduced that the bank’s branch network was expanded in a fast and flexible way, while customer interaction was enhanced and cost for investment and labor was greatly reduced by deploying VTM, which impressed the bankers a lot. Visitors showed great interests in bringing this innovative solution to their banks.



Mr. John Nugent, Managing Director from e-Channel Financial System Ltd., delivered a presentation in the Cash Handling VIP Conference and Cash Handling Seminar. He shared with the attendees the intelligent cash deposit projects in Africa on which they cooperated with GRGBanking.


“In South Africa and throughout Africa, where cash handling is a big challenge to retailers and banks. Poor cash management could expose businesses to pilfering, loss through counterfeit notes and, often, to violent attack. We believe that the introduced technology like intelligent cash sorting, deposit and recycling can solve those problems effectively”, said Heidi Hoo, Regional Project Director of Africa from GRGBanking.


About GRGBanking

GRGBanking is a leading provider of currency recognition and cash processing solutions in the global market with great potential and rapid development. GRG specializes 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.



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