According to the newly published Global Retail Cash Automation 2025 study from RBR Data Services, a division of research and consulting firm Datos Insights, GLORY (TYO:6457) continues to lead the Global market for retail cash recycling solutions excluding Japan with 44% market share. Including Japan, Glory’s market share rises to 68%. The report examined retail cash recycling at both the point of sale and in the back office and found that Glory leads both deployment categories with 40% and 54% market share respectively, excluding Japan.

To deliver an enhanced customer experience through improved efficiency, retailers in all segments are automating their cash processes across their store networks. More retailers are taking advantage of the performance benefits provided by cash recyclers including reduced time for float preparation and end of day cash reconciliation, reduced cash shrinkage, enhanced counterfeit detection and optimised cash collection / delivery scheduling.

Toshimitsu Yoshinari, President of Glory’s International Business, said: “We are delighted this independent study confirms that retailers around the world, across all segments continue to trust Glory to help enhance the customer experience they deliver with our cash automation solutions. Central to a great retail experience is choice. Choice not just in how consumers shop but also how they pay. For many consumers, cash remains an important payment choice and Glory’s cash recyclers enable our retail customers to support this choice in the most efficient, secure way possible.”

Glory manufactures a range of CASHINFINITY™ cash recycling solutions to support all retail segments and footprints from convenience stores and quick service restaurants through specialist retailers to large format stores and hypermarkets. Glory’s portfolio also includes UBIQULAR™ Digital Services, enterprise-level software solutions, that provide remote device management and monitoring, and business intelligence tools to allow retailers to focus on their core business activities. In addition, Glory Professional Services Consultancy offers leading expertise across a wide spectrum of offerings to drive customised deployments from the earliest stages of projects through to maximising customers’ return on investment.

In its report, RBR forecasts that between 2024 and 2029, the market for cash recycling solutions in retail will grow by 10.5% CAGR excluding Japan.

Published in December 2024, Global Retail Cash Automation 2025 explores 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.

About GLORY

As a global leader in cash technology solutions, we provide the financial, retail, cash center and gaming industries with confidence that their cash is protected and always working to help build a stronger business.

Our cash automation technologies and process engineering services help businesses in more than 100 countries optimize the handling, movement and management of cash. While we span the globe, we personally engage with each customer to address their unique challenges and goals — enhancing staff efficiency, reducing operating costs and enabling a more rewarding customer experience.

Employing over 11,000 professionals worldwide with dedicated R&D and manufacturing facilities across the world, GLORY is built on a rich customer-focused, technology-driven heritage spanning almost a hundred years.

For further information please 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 the leading market participants, analysts and regulators as the authoritative source of industry and competitor benchmark data.

GLORY Paul Race Vice President, Strategic Marketing +44 (0) 7887 052366 paul.race@glory-global.com