Tokyo-based Hitachi-Omron Terminal Solutions has successfully deployed the 1,000th Hitachi cash deposit/cash recycling ATM, HT-2845-V, in India.

The HT-2845-V ATM is a widely used model in the banking industry because of its high performance and most reliable self-service cash deposit terminal.

Additionally, the machine can be modified to adapt to environment in India such as banknote condition, counterfeit threat and climate.

In India, HT-2845-V has been using as a Cash Deposit ATM, but it can be upgraded to Cash Recycling ATM. However, most of the installations made were Cash Dispensing ATM.

Hitachi-Omron Terminal Solutions global business group operating officer and general manager, Kokichi Murayama, said their highly advanced note transportation technologies and bill validation technologies developed over many years are well acknowledged by financial institutions worldwide.

"In Japan and China, we have achieved more than 100,000 units in each market, and also, in terms of Automated Deposit Terminal (ADT), we have No.1 market share in Thailand, Indonesia, Malaysia and Taiwan. As a leading company of cash recycling ATM, Hitachi-Omron Terminal Solutions will continue to expand Cash Deposit ATM business and create efficient cash management with cash recycling technology in India," Murayama added.

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In addition to India, Hitachi-Omron Terminal Solutions’ important markets are China and Indonesia.