QNB, a commercial bank based in Qatar, has implemented the DN Series 500 cash recycler from Diebold Nixdorf.
QNB is said to be the first financial institution in the Middle East to install this recycler.
The DN Series 500 cash recycler features a dual-tower design powered by two cash engines, which as per the tech vendor offer the highest capacity for cash deposit, recycling, and dispensing available in the market.
Protech Solutions, Diebold Nixdorf’s licenced partner in Qatar, will oversee the services related to this deployment.
The cash recycler allows QNB Group customers to deposit cash bundles of up to 300 notes and up to 30 checks simultaneously, incorporating counterfeit detection technology.
Additionally, the cash engines are equipped with sensor technology that monitors the ATM’s performance and notifies service technicians of any issues.
QNB Group Retail Banking senior executive vice president Adel Al-Malki said: “The company’s innovative DN Vynamic software enables a unique digital experience for all users in line with QNB Group’s branding vision.
“The ATM features multi-color privacy side panels and indicators as well as a 19″ touchscreen.”
The RM4V, Diebold Nixdorf’s fourth-generation cash recycling engine, offers scalability with four types of cassettes that can be easily interchanged, accommodating up to 13 different denominations.
Diebold Nixdorf Middle East managing director Habib Hanna said: “We are proud to partner with QNB, one of the region’s leading financial institutions, as they continue to enhance customer satisfaction through exceptional service and convenience.
“By adopting Diebold Nixdorf’s advanced branch automation solutions, QNB is ensuring an innovative next-generation banking experience across both digital and physical channels, reaffirming their commitment to innovation and customer-centricity.”
In December 2024, Diebold Nixdorf installed Microsoft Windows 11 IoT Enterprise LTSC 2024 operating system on operational ATMs.
“Qatar’s QNB installs Diebold cash recycler” was originally created and published by Retail Banker International, a GlobalData owned brand.
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