Nothing in life is free – certainly not money. You can argue that all forms of payment have a cost associated with them in one way or another but unlike many of the new payment propositions out there, you still know where you stand with cash. The ever-increasing array of payment technologies on offer can easily lead to confusion for both the consum...
16 February 2016
Presenting recently at the ICCOS Asia conference in Malaysia, I was asked to talk about the changes that retail cash automation is having on other stakeholders in the cash cycle: the banks, the ATM deployers, the security industry and also the central banks. In some parts of the world retail cash automation is very much in its infancy or indeed no...
17 November 2015
Many retailers face the same challenges when it comes to managing cash. Expensive staff time is spent processing cash and correcting errors, only for the cash to be stored on-site before it can be deposited in a bank account, hindering the opportunity for it to be used elsewhere. Not only are these processes costly and inefficient – cash left on t...
05 November 2015
Good insight - thank you. I think the Irish article sets it out well when it says it's going to be the customers' choice as to how they pay. In the same way that organisations accept credit & debit cards, because turning them away is bad for business, I find it hard to imagine many (any?) businesses turning away a customer with cash in their hand. The challenge is making it as simple, secure and efficient as possible.
11 Nov 2015 05:14 Read comment
Samee ZafarDirector at Edgar Dunn Company
Vaughan CollieDirector at Accourt
Mark O'KeefeDirector at Optima Consultancy
Marite FerreroDirector at Lumiere LTD
M RDirector at Halo
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