Glory Launches Two New Cash Recycling Solutions

Glory Global Solutions is acknowledged as the leader in teller cash recycling solutions, with 100,000 units installed worldwide and a market share, according to RBR, of 56%. To reinforce this position, it has recently launched two new recycling solutions for financial institutions and retailers respectively.

First is its new GLR series of Teller Cash Recycler (TCR) solutions, GLR-100, in the US, which is IoT and cloud services capable. It connects seamlessly to Glory’s secure cloud-based UBIQULAR™ solution to deliver, the company says, enhanced business intelligence, and enable remote monitoring and management of devices across the branch network.

According to Glory, as new branch concepts evolve (ie. become smaller, with a move away from customer cash services), the GLR solution can fit into locations where space is at a premium. This new series of recyclers provides banks and credit unions with flexibility in how they continue to support their customers’ needs for cash transactions, enabling the efficient delivery of essential services, via the traditional teller counter, and assisted service or drive thru.