When it comes to cash, retail banks and retailers are closer to each other than you’d think. Approximately 90% of retail companies deposit their takings at a local bank and get their change there, too.

That’s where Wincor Nixdorf comes in. We have extensive know-how in both sectors, and we’ve used our experience to develop a viable solution concept that addresses cash handling across industries.

Our goal is to optimize cash cycles within these two industries, and ultimately to mesh them with each other.

Our solution: Innovative, unique Cash Cycle Management™ Solutions from Wincor Nixdorf in conjunction with a clear value proposition for our customers:

Significant cost reductions.

Using our technology, retail banks and retail companies can reduce their cash handling costs by more than 20%.  They can eliminate manual cash handling and reduce both the volume of cash they have in circulation and the administration and management overhead of controlling and monitoring cash logistics chains. In addition, the risk of losses is reduced, and with it the need for provisions.

Maximum security.

In our concept, cash is stored in intelligent closed systems.  This reduces the risk of robberies, excludes employee manipulation from the outset, and helps avoid inventory discrepancies, whether in the branch or store, or during transport.

Greatest possible transparency.

Permanent real-time mapping of the current status and cassette monitoring at all handover points guarantee that every company involved is kept informed at all times of the level of its cash inventories and the movements of its cash in the supply chain.

Optimal processes.

Bank branch and retail store employees are relieved of unproductive routine tasks and can use their time and energy for productive activities such as sales and customer consulting. And the reduction in the number of middlemen, applications and interfaces needed for cash handling simplifies the process considerably.

Uwe Krause, Head of Global Marketing Wincor Nixdorf International GmbH, expresses the advantages for our customer in this interview with the special interest magazine ATM Marketplace.