EuroCIS 2022 Recap | Ribao Technology | Money Counter Manufacturer

We are happy to share with you what Ribao Technology's Recap at 2022EuroCIS. Mr.Curt Nedell, CEO of Ribao Technology Europe, was interviewed at eurocis, and talked about the current trend of cash usage and Ribao Technology's Mixed Denomination Money Counter.

In response to the contradiction between the increase in cash demand and the decline in purchasing power caused by the economic recession, Ribao bring mixed denomination money counter BC55. Through technological innovation, we can use the price acceptable to the retail industry to create a bank-grade money counter Ribao BC-55, while maintaining durability, stability and strong counterfeit detection, has added some functions for the cash processing needs of the retail industry, and has become a hot-selling product on Amazon in the United States.

Ribao technology has been a professional manufacturer of cash handling equipment since 1996. Today we came to the ribao technology stand here at euroCIS 2022. We caught up with Curt nodell, ceo of ribao technology europe. hi my name is Curt, in 2019 we start up a branch in copenhagen denmark to provide timely and good service to our customer in europe, even before the pandemic the future of cash was being discussed as the use of digital payments accelerated but the pandemic has raised the volume of that debate significantly with nearly three decades of experience in the field of cash handling. Actually the last two years we have sold more machines than normally. It's mean that the production of note counter has increased a lot and the national bank has produced more than 190 billion euro more than normally. So what products are actually helping retailers minimize the cost and risk of handling cash? Actually we have our bc55, our multi-currency note counter, this machine are helping a lot, because of it's approved in the national bank which means that the customer they just put the notes in the machine and they can see the result for how many notes and the value. If any other currencies come in they can quickly change currency and count it and also check the amount of it.