The present invention relates to a stacking module of a media dispenser and a control method thereof. According to the present invention, there is provided a stacking module of a media dispenser. The stacking module comprises: stacking wheels rotated by a driving source to rotate the media fed from the delivery module with the media inserted between tangent wings of outer peripheral surfaces of the stacking wheels one by one; a separation plate for separating the media from the stacking wheels and guiding the separated media; a stacking plate on which the media separated from the separation plate are erected one by one; a shuttle member rotatably installed on the stacking plate and including a push bar for pushing the media erected on the stacking plate toward the stacking wheels; and a driving plate moved by an additional driving source to selectively drive the stacking plate and the shuttle member. The stacking wheels and the driving source are provided between guide plates installed to face each other with a predetermined spacing therebetween; and the separation plate, the stacking plate, the shuttle member, and the driving plate are provided on a stacking base supported in the guide plates. In the present invention, since most of the components of the stacking module are provided on the stacking base, it is easy to repair the media dispenser. Further, since the media are collected on the stacking module and delivered to the customer at a time, it is easy for the customer to take out the media. Furthermore, since the stacking module is designed so that the one driving motor drives a plurality of the components, the number of the parts can be reduced.