There are over 2.75 Billion cash deposit transactions happening every year across all parts of the economy. However, branch transformation and increasing cash handling costs are making it more and more difficult for Small Businesses to effectively manage cash deposits.
The solution is a robust national network of shared deposit drops that meets your business customers where they are, literally. This unique approach, developed by Clip Money, provides unparalleled convenience savings for financial institutions and their customers.
That’s why we’ve invested in and partnered with North American fintech startup Clip Money. Clip Money simplifies the challenges businesses face when depositing cash which take time and resources away from their customers. Deployed via a nationwide network of convenient locations, Clip Money’s solution combines a mobile app with a cloud-based transaction platform, secure connected cash deposit devices, and management software to deliver a self-service, end-to-end deposit solution to businesses, whoever they bank with.
Contact us to learn how Clip can reduce cost, improve CX and accelerate digital banking transformation for your organization.