Retail Cash Management
Efficient cash handling with solutions by Wincor Nixdorf
Cash management processes in the retail sector are currently in the focus of retail enterprises, banks and cash-in-transit companies.
Today’s largely manual cash handling process offers major potential for increasing productivity along the entire process chain – from the point of sale right through until the money is posted to the retailer’s business account.
Cash continues to play a dominating role in the retail industry. A good 20 years after cashless payments first appeared, in most countries well over 50 percent are still cash transactions – with variations depending on region, industry and sales format. Small shopping baskets, in particular, are usually paid for in cash.
Cash handling is a cost-intensive process for retail companies, and offers major potential for improving productivity.