Retailers don’t need to be told that cash matters - they see this on their bottom lines every day of the week.
Cash transactions still account for around 20% of retailer income by value in most countries, and is used for up to 75% of all transactions. Retailers know that cash will stay important for many years to come, yet to move cash from the point of sale terminal to the bank account can be a long and complex process. Retailers generally cannot extract the value from cash in the form of working capital until that process is complete – often only after processing timescales exceeding three days from point of sale to point of bank credit.
Our take on this is simple: cash standing still loses value. Cash on the move delivers value. That’s why we believe in keeping Cash in Perpetual Motion, turning payments received in store into flexible, usable working capital at the highest of high speed. The faster and more securely cash moves through the handling process, the more value is retained and turns into better performance on the bottom line.