India, December 14, 2024: SecurityTech company Giesecke+Devrient (G+D) launches the latest generation of its banknote processing systems. Designed for bank branches, currency chests and cash-in-transit companies, the BPS C evo builds on customer feedback to deliver faster, more efficient, secure, and reliable cash management solutions. This evolution of the BPS C2 and C5 offers commercial players enhanced tools to optimize their cash operations, reduce costs, and maintain competitiveness.

Thanks to its flexible configuration options, the new BPS C evo product family can be used in small and medium currency chests and back offices of commercial banks, processing up to 63,000 banknotes per hour. The development of this series is focused on four objectives defined by customer requirements: Increased efficiency, security, and performance; and also stronger reliability in counting, sorting and authenticating banknotes. By combining state-of-the-art technology with customer-centric design, the BPS C evo is a significant step forward in the digitalization and optimization of cash-handling operations.

The launch comes at a pivotal moment for India, where digital transactions are reaching new heights, yet cash circulation has nearly doubled over the past eight years. According to data from the Reserve Bank of India (RBI), the country’s central banking authority responsible for regulating monetary policy, cash in circulation rose from ₹16.5 lakh crore in November 2016 to ₹34.7 lakh crore in September 2024.

Efficiency and performance gains with a new software platform and improved user-experience.

The BPS C evo enables businesses to achieve higher levels of productivity. The new Linux-based software platform digitally optimizes operations, improves task management, and increases operational efficiency with flexible control options. Performance is elevated by a new high-speed processor, an optimized singler, and advanced transport mechanisms that significantly reduce jams and rejections resulting in higher level of throughput. Security is enhanced with encrypted communication protocols and intelligent automation processes that ensure seamless and secure operations.

The BPS C evo is equipped with enhanced displays, a high resolution 7 inch display on the BPS C2 and a 10 inch display on the BPS C5 providing additional information, helping to prevent operating errors and thus improving reliability. The user-friendly and intuitive interface minimizes training time and errors, with clear, step-by-step guidance, and optional automated software updates.

“Our improved BPS C evo supports navigating today’s fast-paced cash-handling environment, making cash operations more efficient,” explains Erwin Leichtmann, Business Development Director in banknote processing at G+D. “With software-based enhancements and technical innovations, the BPS C evo represents a significant leap in performance, reinforcing G+D’s role as a technology leader in banknote processing solutions for the commercial segment.”