classic | mobile
Follow us on:
Follow us on Facebook  Share via Twitter  Share via LinkedIn

Hi-Tech Security Solutions Business Directory
Residential Estate Security Handbook 2018

G4S Deposita highlights new products
November 2018, This Week's Editor's Pick, News, Security Services & Risk Management

Despite a number of alternatives to transacting in cash that have found a footing in countries around the world, cash is still king when it comes to payments, especially smaller payments. With 85% of all transactions worldwide still done via cash, which also represents 60% of the value of all transactions, cash handling and management is more important than ever – especially in emerging markets.

G4S Deposita has carved out a significant market share in the cash handling industry and the company recently hosted a number of customers to an open day to introduce a range of new cash management products.

To show how cash handling machines have changed over the years, the company had a few of its original cash devices mixed in with the new ones. The difference is remarkable.

Hosting the day was Christo Terblanche, president of G4S Deposita international. He spoke to Hi-Tech Security Solutions about the new features and technology G4S Deposita is offering in its latest range of products, as well as the trends in global cash markets.

Terblanche says the latest range of cash handling systems sport new designs and cater to a number of demands the company has seen on the horizon, namely improved and increased functionality in each machine, improved security, improved accessibility and the ability to integrate with more applications and functionality from third parties. He adds that people want more than a safe for their cash handling and management needs these days.

Among the specific changes in the new systems is that they are now multi-functional devices which still handle cash (notes and coins, depending on which product you select), but are also geared to accept newer forms of payments via cards or NFC (for mobile payments). A Windows operating system layer has been added to G4S’s operating system to allow third-party applications to run on the machines.

The integration with other applications will provide a richer environment for customers in vertical markets to extract the optimal value from their G4S systems by adding additional software functionality tailored for their specific requirements.

The ability to process third-party payment solutions (such as M-Pesa payments in Kenya) are already supported and more can be added. Not only will the systems support front-end integration, but transactions can also be integrated into accounting and other financial applications on the back-end.

These additions to the traditional cash handling machines will allow more of the traditionally unbanked, those excluded from the formal economy, to participate using the systems they are familiar with – such as mobile payments. Certain products will allow users to upload cash to their mobile devices and use their phones to pay for goods and services, similar to an ATM.

Summing up, Terblanche explains the new technology available to clients is smarter, faster and more competitive than previous versions, and it is able to coexist and work with many more payment instruments than ever before. The improved functionality is about efficiency and an optimal customer experience in the 25 countries in which G4S Deposita operates.

For more information, contact G4S Deposita, +27 11 729 3300,

  Share via Twitter   Share via LinkedIn      

Further reading:

  • The future’s not what it used to be
    February 2019, Technews Publishing, News
    It struck me the other day that I was talking to people about what we will do in 2020. Time certainly flies, 2020 is less than one year away. Whatever happens this year, one thing we are guaranteed is ...
  • Security systems and technical support
    February 2019, Leaderware, This Week's Editor's Pick, CCTV, Surveillance & Remote Monitoring
    Dr Craig Donald says the value of good technical management and staff in overseeing and maintaining CCTV installations is often underrated.
  • 2019 cybersecurity crystal ball
    February 2019, Wolfpack Information Risk, This Week's Editor's Pick, Cyber Security
    Craig Rosewarne, MD of Wolfpack Information Risk says the cyber landscape will be more volatile and dangerous in 2019, are we ready?
  • Now look here!
    February 2019, Technews Publishing, This Week's Editor's Pick, IT infrastructure
    Hi-Tech Security Solutions asks industry specialists what display issues should be considered when equipping control rooms with monitors.
  • Trends for 2019
    February 2019, Technews Publishing, This Week's Editor's Pick, Integrated Solutions, Security Services & Risk Management
    Hi-Tech Security Solutions asks around to find out what we can expect to see happening in the security market in 2019.
  • Surviving the new norm
    February 2019, Technews Publishing, This Week's Editor's Pick, Integrated Solutions, Conferences & Events, Training & Education
    The 2018 Campus Protection Society of Southern Africa (Camprosa) conference was well supported and once again improved upon previous conferences.
  • The value of adopting TAPA’s warehousing standard
    February 2019, Technews Publishing, Security Services & Risk Management
    Hi-Tech Security Solutions looks at TAPA’s FSR (Facility Security Requirements) standards, which cover best practices for securing assets in storage.
  • AI delivers autonomous efficiencies
    February 2019, Technews Publishing, This Week's Editor's Pick, Security Services & Risk Management
    Active Track adds artificial intelligence to its people-tracking solution to transform it into an effective, streamlined management application.
  • Business resilience will be key in 2019
    February 2019, ContinuitySA, This Week's Editor's Pick, Security Services & Risk Management
    One of the most important trends to emerge in recent years is that it is increasingly difficult to identify individual risks in isolation, says Michael Davies, CEO, ContinuitySA.
  • Secure parking on major routes
    February 2019, This Week's Editor's Pick, Asset Management, EAS, RFID, Security Services & Risk Management
    Hi-Tech Security Solutions spoke to Phambili Gama, COO of Zimele Investment Enterprise Company about its Zimele Truck Stops and the security in place to ensure the safety of people and assets on the sites.
  • New release of AC2000
    February 2019, Johnson Controls, Access Control & Identity Management, Security Services & Risk Management
    Johnson Controls’ latest CEM Systems’ AC2000 release goes beyond security to help mitigate health and safety risks.
  • 50% of companies can’t detect IoT breaches
    February 2019, This Week's Editor's Pick, Cyber Security, IT infrastructure
    Only around half (48%) of businesses can detect if any of their IoT devices suffer a breach. This comes despite an increased focus on IoT security.

Technews Publishing (Pty) Ltd
1st Floor, Stabilitas House
265 Kent Ave, Randburg, 2194
South Africa
Publications by Technews
Dataweek Electronics & Communications Technology
Electronic Buyers Guide (EBG)

Hi-Tech Security Solutions
Hi-Tech Security Business Directory (HSBD)

Motion Control in Southern Africa
Motion Control Buyers’ Guide (MCBG)

South African Instrumentation & Control
South African Instrumentation & Control Buyers’ Guide (IBG)
Terms & conditions of use, including privacy policy
PAIA Manual
    Mobile | Classic

Copyright © Technews Publishing (Pty) Ltd. All rights reserved.