Retailers could be exposing themselves to unnecessary risk when they overlook the security and efficiency benefits of cash handling machines. In today’s retail environment, theft by staff or staff error; the cost of staff managing the cash handling processes; the number of counterfeit notes in circulation and the increasing risk of attack are daily considerations.
Wouldn’t the safest way of dealing with cash in a retail environment simply be not to touch it? And by this we aren’t referring to a cashless society because as statistics have indicated, there is more cash in circulation than ever before. But, rather the SafePay closed cash handling system by Gunnebo.
This ergonomic and user friendly solution addresses the issues of cash differences; the authentication of banknotes; time consuming cash up procedures and also dissuades criminals. An open and interactive retail environment is achieved and staff are able to focus on customer service and selling.
The SafePay closed cash handling system is a checkout payment solution which combines note and coin recycling units. Items are scanned and customers feed notes or drop coins into the respective units to pay and are then issued with the correct change. At no time during this process does the cashier handle money unless the retailer prefers a cashier operated system, which is also available.
When the cash is transferred to the back office, it is done so in sealed, ink-protected cassettes and has already been counted and checked. When docked in the transfer unit which is installed in the back office, these cassettes empty into an ink-protected security case. The cash is then secured for pick-up by a cash-in-transit company. The cash is never exposed during this process, not even during a refilling or maintenance service. Online control and reporting through SafePay Cash Control software ensures accurate and live reporting and can be customised to any point of sale software.
“By installing a SafePay system, your store efficiency will improve, you will experience a decrease in shrinkage and robbery attempts and you will have access to cash cycle data for improved management reporting,” summarises Hannes Venter, managing director of Gunnebo South Africa.
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