SafeCash Retail Deposit High Speed0 pages
SafeCash Retail Deposit High Speed
Cash handling for today’s retailers
Bringing high speed and security in one
Cash handling is here to stay. Despite the increase in
alternative payment methods such as credit and debit
cards, cash remains the preferred payment method around
the world year after year, representing more than 80% of all
transactions! Most of these transactions are handled at
retail stores, therefore, retailers are increasingly required
to enhance security for their staff, prevent robberies and
optimize increasingly time-consuming and costly cash
transactions. A cash-handling solution that addresses all
of these challenges is key for today’s retailer.
Combining high-speed note -or note and coin- validation
and real-time monitoring of cash levels and pre-credit into
one cash deposit system, the SafeCash Retail Deposit High
Speed is the ultimate cash-handling deposit system for
medium- and large-sized retail businesses handling large
amounts of cash. This back-office solution enables quick
deposit of up to 1,000 notes per transaction in different
bundles and up to 12 kg of coins, which are then instantly
recorded and counted.
Immediate benefits include:
Focus on specific cash-handling challenges:
• Enhanced security with integrated sealbag feature.
• Security risks: stores are at the greatest risk for theft and
armed robbery. The 2011 Association Convenience Store
Crime Survey has revealed that the number of convenience
store robberies increased by 102% in the UK.
• Time and cost savings as a result of less back-office
administration and high-speed processing.
• Lost time: up to 15 minutes of lost time on average per
shift change, with an additional 20 to 30 minutes for
manual consolidation.
• Improved productivity, as staff can focus on customers.
• Shrinkage: shrinkage-related losses vary from 0.3% to 2%
of global turnover.
• More peace of mind due to automatic counterfeit note
detection system.
• High costs: back-office administration represents 72% of
cash-handling costs.
• Secure processing through staff user identification.
• Reduced manual error rates as a result of a simplified
cash-handling process from cash register to the bank.
• Real-time visibility on cash levels through web-based
tracking system.
• scalable solution that can grow with your business.
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