Banks that adopt a Teller-less strategy have to automate all routine transactions the human teller previously performed for their clients, such as deposit of banknotes and coins.
When it comes to bank branch evolution, the world is a place of opposites. In some countries, bank branch penetration is high and banks are retrenching and reconfiguring their branch layouts to reduce operational costs and adapt to evolving client tastes. In other countries, banks either cannot open branches fast enough, or do not find it cost-effective to deploy full-service brick and mortar in some areas.
While it all started with mobile top-up, bill payment kiosks today enable payment for a plethora of services. That said, all types of bill payment kiosk have the same basic need: accept payment, mostly of banknotes, using a secure banknote validator with a high acceptance rate and a low Total Cost of Ownership.
Supporting our financial and service partners to be more efficient and profitable.
Since 2013, CPI has been providing a high variety of applications in the global Financial Services market to enable customers around the world transform their physical cash into digital value. Today, we are leading the bank branch transformation and driving automation trend in the services payment industry with CPI’s secure, efficient and reliable payment solutions. No matter what your kiosk application is, CPI has the cash payment product you need. Our devices automate banknote and coin payment and change-giveback securely, efficiently and reliably.