Latest Kiosk Application:
Automated Check Cashing System

While many banks offer free checking facilities for customers, they often charge for multiple visits to the teller to cash checks. Now, help may be at hand for ATM (automated teller machine) phobics, as well as for people without bank accounts, as Greenland Corp. has announced that the first automated check cashing machine has just been installed in Santa Ana, Calif., for beta testing.

According to company officials, the machine is a freestanding kiosk with automated payroll check-cashing capability, full ATM functionality, and money order dispensing services. The machine, the firm says, has been installed in a multi-service food market.

The unit has been in operation since January 7 and, officials say, has become such a success that the firm plans to keep it in service to test the market and machine for a further 60 days.

Plans also call for another test site to be established in the next 10 days and that information being gathered will support demographic data regarding the selection of site locations.

Lee Swanson, chief executive officer (CEO) of Check Central, the wholly-owned subsidiary of Greenland that is developing this technology, said that the response to the new machine and technology has been very positive.

"The storeowner and customers have been very enthusiastic about having this service available to them. Potential distributors and purchasers who have visited our beta site have been very complimentary of the unit’s appearance and the simplicity in which it provides financial services," he explained.

According to Swanson, based on the success of the beta tests, the firm says it should begin to deliver production units by the end of the first quarter of this year.

Greenland’s Web site is at http://www.greenlandcorp.com.

(Contact: Ed Sano, Regents Capital West 619-566-9604)