GEIT Wins Cash Express Counter Tender from Shanxi Rural Credit Union

Recently, GEIT received theNotice of Award for the Cash Express Counter procurement project fromShanxi Rural Credit Union (Shanxi Nongxin), and has successfully won the bid.

GEIT Cash Express Counter

GEIT Cash Express Counter supportscustomized combination solutions to meet diverse business needs. Integrating advanced financial self-service technology with traditional counter services, the device supports both cash and non-cash transactions, covering approximately90% of over-the-counter banking services.

Against the background of rising labor costs and higher efficiency demands, bank branches are accelerating digital transformation. A key advantage of GEIT’s Cash Express Counter is that it migrates large-sum cash deposit and withdrawal services to self-service channels. The equipment replaces tellers in banknote verification, counting and sorting, ensuring cash security whilegreatly improving service efficiency and customer experience.

It effectively eases congestion during peak hours, reduces per-transaction and operating costs, and minimizes processing errors. By automating routine operations, the solution frees branch staff to focus oncustomer engagement and marketing, such as providing investment plans and wealth management products. This enhances customer loyalty and marketing capabilities, forming new competitive advantages to help banksreduce costs, boost efficiency and maximize operational benefits.

About Shanxi Rural Credit Union

Shanxi Rural Credit Union is a local financial institution supervised by the People’s Government of Shanxi Province. With a history of more than 70 years, it has become an irreplaceable financial pillar supporting the province’s economic and social development, especially for agriculture, rural areas, farmers, and micro-and small enterprises.

At present, Shanxi Rural Credit Union ranksfirst among local financial institutions in multiple key indicators, including total assets, deposits, loans, and the number of service outlets across the province.

AboutGEIT

As a leading total solution provider with outstanding products and strong brand influence in the financial self-service equipment sector, GEIT has earned high recognition from banking clients for its reliable solutions and professional, responsive and comprehensive services.

This achievement reflects GEIT’s consistent commitment to its mission:“Innovate with Technology, Lead Financial Self-service”. GEIT will continue to improve product quality and service standards, ensure safe and stable operation, and support banks in building intelligent and efficient branch networks.