GLORY Confirmed as Global Leader in Retail Cash Recycling Solutions by RBR Data Services Investing.com
BASINGSTOKE, England–( BUSINESS WIRE )–According to a recent release Global Retail Cash Automation 2025 study by RBR Data Services, a division of research and consulting firm Datos Insights, GLORY (TYO:6457) continues to lead the global retail cash recycling solutions market excluding Japan with 44% market share. Including Japan, Glory’s market share rises to 68%. The report examined cash recycling in retail and at the point of sale and in the back office and found that Glory leads in both implementation categories with 40% and 54% market share respectively, excluding Japan.
To deliver an enhanced customer experience through improved efficiency, retailers across all segments are automating their cash processes across their store networks. More and more retailers are taking advantage of the performance benefits provided by cash recyclers, including reduced fleet preparation time and end-of-day cash reconciliation, reduced cash shrinkage, improved counterfeit detection and optimized cash collection/delivery.
Toshimitsu Yoshinari, president of Glory’s international business, said: We are pleased that this independent survey confirms that merchants around the world, in all segments, continue to trust Glory to improve the customer experience they provide with our cash automation solutions. Choice is key to a great retail experience. Choice not only in how consumers shop, but also in how they pay. For many consumers, cash remains an important payment choice and Glory’s cash recycling devices allow our retail customers to support this choice in the most efficient and secure way possible.
Glory produces a range of CASHINFINITY™ cash recycling solutions to support all retail segments and footprints from convenience stores and restaurants to specialty retailers to large format stores and hypermarkets. Glory’s portfolio also includes UBIQULAR™ digital services, enterprise-grade software solutions that provide remote device management and monitoring, and business intelligence tools that enable retailers to focus on their core business activities. In addition, Glory Professional Services Consultancy offers leading expertise in a wide range of offerings to drive custom implementations from the earliest stages of projects to maximizing client ROI.
In its report, RBR forecasts that the retail cash recycling solutions market will grow at a CAGR of 10.5% excluding Japan between 2024 and 2029.
Published in December 2024. Global Retail Cash Automation 2025 investigates the growing market for retail cash automation technologies “ including cash acceptors and cash recyclers, across four retail segments (grocery, general merchandise, convenience and hospitality) in 29 countries.
O GLORY
As a global leader in cash technology solutions, we provide the financial, retail, cash and gaming industries with confidence that their cash is protected and that we are always working to build a stronger business.
Our cash automation technologies and process engineering services help companies in more than 100 countries optimize the handling, movement and management of cash. As we span the globe, we personally work with each client to address their unique challenges and goals—increasing staff efficiency, reducing operational costs, and enabling a more rewarding customer experience.
Employing more than 11,000 professionals worldwide with dedicated R&D and manufacturing facilities worldwide, GLORY is built on a rich heritage of customer-focused, technology-driven technology for nearly a hundred years.
For additional information, visit www.glory-global.com or follow us on LinkedIn: https://www.linkedin.com/company/glory-global/.
About RBR data services
RBR Data Services provides clients with independent and reliable data and insights through published research, consulting and bespoke data services. Its global research covers the cards and payments, retail technology and banking automation sectors and is used by leading market participants, analysts and regulators as an authoritative source of industry and competitive data.
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GLORY
Paul Race
Vice President, Strategic Marketing
+44 (0) 7887 052366
paul.race@glory-global.com
Source: GLORY
