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Retail Cash Management
Cash is a physical item. The way you handle it has implications for labour costs and your overall operational efficiency.  While cash acceptance solutions have been deployed for many years, more recently retailers are seeing the additional benefits delivered by cash recyclers and the ‘re-use it’ logic remains compelling. Cash recyclers enable banks and retailers...
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When one looks at the hot topics in retail today, no shortage of economists, journalists, industry thought-leaders and technology pundits are talking about the future of payments. One topic that many aren’t really discussing is managing large volumes of cash receivables.     According to an article in the Wall Street Journal, two economists from the Federal...
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Processing and handling cash is an everyday occurrence in most banking and retail settings and something that may not get a lot of second thought. From accepting transactions to counting and balancing registers, there is a lot of work that goes into processing cash. More recently, cash management processes have been revolutionized with the introduction...
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Cash Recyclers are advanced systems that help automate the cash room processes of organizations such as big box retailers, warehouse clubs, supermarkets, and other institutions that handle large volumes of cash on a daily basis. A cash recycler can accept, dispense, and secure the cash needed to run the day-to-day operation of a store, while...
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Making money is what makes a business successful, but there’s an extra step between making money and depositing it into your bank account. That extra step is your cash handling process, and it might be costing you money. In order to prevent this, you should invest in a smart safe. Smart Safes Smart safes are a...
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