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Travelex Begins Operating OKI’s RG7 Currency Exchanger at Two Stores at Narita International Airport

Capturing business opportunities previously lost while enhancing user convenience and satisfaction


WEBWIRE

TOKYO -- Travelex Japan, one of the largest merchants specializing in currency exchange, today announced the installation of OKI’s RG7 Currency Exchanger at two stores at Narita International Airport. Both machines will be operational by the end of July 2013.

Travelex began operating the RG7 Currency Exchanger located at Terminal 1 on July 19; the second machine, located at Terminal 2, is slated to begin operating July 26. The RG7 Currency Exchanger currency exchange machine is capable of simultaneously recycling deposits and accommodating withdrawals between Japanese yen and multiple foreign currencies, thereby automating exchange tasks and accelerating the pace of foreign currency exchange transactions. The deployment of these two machines follows the installation of the RG7 Currency Exchanger at the Haneda Airport International Terminal Station; the latter machine began operating March 4.

Currency exchange counters serve individuals with a broad range of needs, ranging from customers who are in no particular hurry and require a clerk to provide information on amounts and denominations to customers who simply want the fastest possible transaction. The RG7 Currency Exchanger allows Travelex to meet customer needs more precisely, boosting customer convenience and satisfaction and capturing business opportunities that would otherwise be lost during peak hours.

Moving forward, as part of efforts to enhance the convenience of currency transactions, Travelex and OKI plan to capitalize on the partnership and deploy additional machines.

*The RG7 Currency Exchanger installed at Narita International Airport handles Japanese yen and three foreign currencies (Euros, US Dollars, and Chinese Yuan) and operates in two languages, Japanese and English.


About the RG7 Currency Exchanger

The RG7 Currency Exchanger is an integrated currency exchange machine capable of recycling deposits and withdrawals in multiple currencies bilaterally (i.e., Japanese yen into foreign currency and vice versa). Developed on the basis of the ATM-Recycler G7, a machine capable of handling deposits and withdrawals in multiple currencies, the RG7 Currency Exchanger is also capable of simultaneously handling deposits and withdrawals of mixed banknotes with differing attributes, including size, thickness, and materials, for up to 128 denominations. Users can deposit banknotes in multiple currencies in a single transaction and choose the denomination of the target currency.



About Travelex Japan

Company Travelex Japan K.K.
Address 6F, ORIX Akasaka 2 Chome Building, 2-9-11 Akasaka, Minato-ku, Tokyo
President Koji Nakajima
Business Foreign currency exchange and related services; sales and issue of prepaid cards (Cash Passport™).
URL http://www.travelex.co.jp/JP/Home/?LangType=1033


About OKI Electric Industry (OKI)

Founded in 1881, OKI Electric Industry is Japan’s leading telecommunications manufacturer in the info-telecom field. Headquartered in Tokyo, Japan, OKI provides top-quality products, technologies, and solutions to customers through its info-telecom systems and printer operations. Its various business divisions function synergistically to bring to market exciting new products and technologies that meet a wide range of customer needs in various sectors. Visit OKI’s global website at http://www.oki.com/.

The names of the companies and products mentioned in this document are the trademarks or registered trademarks of the respective companies and organizations.



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