How a cash recycler machine differs from an automated teller machine
Unlike an ATMfrom which you can only withdraw cashcash recyclers allow you to deposit cash as well
In the last 1 year, many banks including the new-age payments banks and small finance banks, have been considering whether they should start using cash recyclers instead of ATMs. In the last couple of months some public sector banks have also floated tenders to procure and install cash recyclers. Here is a look at how cash recyclers work.