GRG Spotlights Cash Recycler on Myanmar ICT Exhibition

GRGBanking joined International Myanmar ICT (Information Communication Technology) Exhibition 2012 with its local partner MIT from 12 to 14, October in Tatmadaw Exhibition Hall, Yangon, Myanmar.


GRG showcased new generation cash recycler H68NL on the exhibition and its booth was surrounded by visitors who were interested in the high-speed cash deposit and outstanding SeNT (Series Number Tracking) functions.


H68NL authenticates banknotes of multiple currencies and denominations both in deposit and dispensing process. The instant use of the deposited notes for dispensing reduces the amount of money held in ATM to minimum and that improves cash usage and drives down operational costs by reducing the frequency for cash replenishment.



Interviewed by a local TV program, Gary Soon, Regional Sales Director for Asia Pacific from GRG said, GRG moves the step to show cash recycler in front of the local public, who is eager to use card and ATM after waiting for 8 years. “We are also pleased that the local banks are surprised by and satisfied with our machines.”


International Myanmar ICT Exhibition is an annual exhibition organized by Myanmar Computer Professionals Association (MCPA) and Myanmar Computer Industry Association (MCIA), under the guidance of Myanmar Computer Federation (MCF). The MCF have been organizing the most visible and successful ICT exhibitions and expos in Myanmar since 1999 to showcase Myanmar's progress in ICT and enable youths in the country to keep up with the latest technology around the world.


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 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 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.

About MIT

MIT was founded in 1997 with the objective of promoting ICT industry in Myanmar. Since then, MIT has become a leading software house in Myanmar by providing reliable strategic ICT solutions through highly innovative state-of-the-art technologies for banking, retail, trading, hospitality, manufacturing, healthcare industries as well as government sectors.

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