NORTH CANTON, Ohio — Rent-A-Center, a rent-to-own company with more than 3,300 stores, has partnered with Diebold Inc. to install seven Diebold Express Cash Recyclers as part of an agreement to purchase 500 units from Diebold over the next two and a half years.
According to a news release, the recyclers automatically count, authenticate and safeguard cash deposited by clients. That same cash is later dispensed for customer cash withdrawals.
The ECRs serve high- and low-volume transactions, expedite customer service and eliminate manual cash counting. They also significantly reduce cash exposure and heighten cash transaction speed and accuracy, says Brent Turner, vice president of financial services for Rent-A-Center.
The ECRs fit under a countertop with no refitting required. Up to 10 storage cassettes enhance productivity, while a built-in 3.5-inch color-video graphics array touchscreen displays intuitive and easy-to-use functionality, including graphics icons for easy recognition and on-screen progress display.
Diebold teamed with Arcatech Systems, supplier of transaction-automation components, to design and manufacture ECRs to penetrate the teller market with an automated recycling solution specifically designed for North America.