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ProCash 4000 enters Indian market

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CIOL Bureau
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MUMBAI, INDIA: After its fairly successful launch of Kisan ATMs, AGS Infotech, has  announced the launch in India Wincor Nixdorf product – the ProCash 4000; compact cash deposit system for self service transactions.

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The ProCash 4000 focuses on functions for the standard self-service cash business that takes place in bank branches. The system is able to validate up to 120 different banknote denominations, and is ideal for bulk deposits. The ProCash 4000 uses the  Long-Edge insertion technology that reduces the chances of note jams. The ProCash 4000 can be upgraded to re-cycling cash.

Tested for harsh retail banking environments, the ProCash 4000 has proved its dependability. The self-service system has an attractive design, and user-friendly operations coupled with good ergonomics, making it a better choice for use by people with disabilities, as well.

Speaking on the occasion, Sunil Udupa, President & CEO, AGS Infotech, said, “The needs of the retail banking industry in India are increasing and it is very important to match the pace through innovative technology that is able to set new standards in system availability, processing speed and service quality. With this self-service system we ensure that cash services are available outside banking hours, and cash deposits are credited directly to client accounts.”

The ProCash 4000 claims to be mutually beneficial to bank customers as well as to the financial institutions themselves. While for the customers, the system translates to convenience and availability, to the institutions it means reduced costs for replenishing and emptying machines, and optimized system serviceability