Banker S.A. July 2014 | Page 53

SECURITY Play it safe SafePay is a completely closed cash-handling solution O ver the last decade, the retail cash-handling market has grown at a rapid pace. This trend looks set to continue in the years ahead. Faced with intense global competition, retailers are more and more likely to need cash-handling solutions that offer enhanced security, lower costs and improved productivity. These solutions will need to work within existing environments and adapt to a range of business models, leaving retailers free to focus on their core activities, optimise security and control their cash cycle. Gunnebo’s focus is on simplifying processes within the cashmanagement chain and optimising cash-cycle monitoring, embracing automation to improve customer control over the cash process. By increasing cost-efficiency and improving the import and export of real-time data, cash management will become more accurate and easier to control. The company’s latest offering is SafePay, which offers a completely closed cash-handling solution. Money is secured and controlled from the moment it leaves the customer’s hand until it reaches the cash-counting centre. There is no manual cash handling, no opportunity for cash differences, and a safer store for both customers and staff. Closed cash handling replaces manual tills with recycling cash systems. Payment is counted and correct change paid automatically. Retailers also benefit from the enforcement of proper security routines, where the exact amount of cash is accounted for at every till at any store location. Staff have much less involvement with the cash cycle and need not be taken off checkout duty to hand over cash to cash-in-transit (CIT) personnel. Selected information can also be shared with trusted partners – CIT can monitor the level of cash in a store, and plan cash pick-ups and deliveries of change as needed. Working with major banks, as well as some of the world’s largest retail and CIT companies for over 200 years, Gunnebo offers a combination of hardware, software and services, ranging from entry-level systems to completely closed cash-handling solutions, from cash-deposit products to front-office security and back-office automation. Backed by proven technology and software platforms, it functions as the central hub for all players involved in the cash cycle. Edition 10 Gunnebo.indd 51 BANKER SA 51 2014/06/24 10:36 AM