News In Brief

Next Generation ATMs from Hyosung

Hyosung Innovue (formerly knowns as Hyosung America and the North American subsidiary of South Korean ATM manufacturer Hyosung TNS) has announced the launch of the new Cajera Pivot recycling ATM series for retail applications.

According to the company, the Cajera Pivot series – which includes the Cajera Plus, the Cajera Pivot IV and the Cajera Pivot II/III – reimagines the role of traditional retail ATMs by enabling cash-in transactions for all denominations and recycling for up to three denominations, all in the same footprint as a standard retail cash-dispensing ATM.

It claims that the new ATMs bridge the gap between various cash points within retail spaces by integrating cash recycling, remittances, bill payments, cryptocurrency purchases, visa deposits, and peer-to-peer payments into a single platform, thereby replacing multiple devices with one powerful solution.