Irving-based Hyosung America rebranded in January as Hyosung Innovue, embracing a the idea of “innovation for you” with a goal of creating “exciting new solutions, services, and experiences.”
This week, Hyosung rolled out something that aims to achieve all three: the Cajera Series cash recycling ATM line.
The company says the three machines, shown above, “reimagine the role of traditional retail ATMs by enabling cash-in transactions for all denominations and recycling for up to 3 denominations, all in the same footprint as a standard retail cash-dispensing ATM.”
The cost of cash management remains the biggest hurdle to profitable operations for retailers and ATM deployers alike, Hyosung says. Its Cajera Pivot ATMs aim to solve this problem by providing “new store cash-management efficiencies, revenue streams, and increased foot traffic through Hyosung Innovue’s innovative alternative financial services platform, TangoNet.”
Unlocking ‘maximum value’
The company says that when these new ATMs are paired with TangoNet, they can unlock “maximum value,” enabling retailers to provide customers with cash-in services including money remittance, bill payment, cryptocurrency purchases, and more.
“The Cajera Pivot Series is our latest innovation, solidifying Hyosung Innovue’s leadership position in the retail ATM market,” Chad Young, EVP of sales at Hyosung Innovue Americas, said in a statement.
“The launch of the Cajera Pivot Series demonstrates our commitment to our customers and the ever-changing retail landscape,” Young added. “Furthermore, Cajera’s integration with TangoNet will impact our customers and partners by unlocking incredible efficiencies and generating all-new revenue streams.”
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