White paper

Volumatic: The ultimate solution for secure cash processing

Point of Sale
Participating Company: 
Volumatic
Participating Analyst: 
ETM analyst

Graham Jackson, Volumatic’s European Sales Manager, discusses how the ‘CounterCache intelligent’ can help retailer’s process cash more efficiently.
Crime is increasing and the need to protect cash is probably more important now than it ever was. With worries about the security of credit and debit cards, and consumers wanting to maintain tight control over their finances, even more people are turning to cash to purchase retail goods. Cash is now used for 60% of all transactions, up from 54% last year (source: British Retail Consortium 2008). In an ideal world, once cash has been handed over from the customer to the retailer, 100% of this money should find its way quickly and directly into the retailer’s bank account. Unfortunately, this is not always the case.