The pioneer cash custody and management service at the point of sale, Prosegur Cash, relies on double the pace of sales growth achieved in the last two years for Cash Today. Its innovative system is helping to accelerate the transformation of the use of cash in commerce and in society, favoring their efficiency and availability.
Cash Today is designed to deposit and safeguard the collection of an establishment with all the guarantees. The system allows the counting, validation and balancing of cash is a more agile, operational and efficient task. The cycle is completed with the collection of the stored cash and the delivery of the change, if necessary. One of the main advantages of the service is the immediate payment of the cash deposited and validated by the device in the customer’s account. In addition, through an online platform and mobile application, the user can see in real time and from any location all the movements made on their Cash Today device.
Recently, Prosegur Cash has just incorporated a new front office solution. In this way, the consumer makes the payment in cash directly at the machine, receives the change for his purchase exactly and allows the person in charge of the business to automatic counting and daily balance of your cash.
Reduction of operating costs
This innovative cash management solution is a competitive improvement important since it favors a reduction in operating costs by eliminating manual counting and daily accounting. Likewise, it achieves a decrease in the unknown loss of collection and increases security by eliminating the risk in the transfer of money on public roads.
“At Prosegur Cash we are very focused on our transformation projects and the development of new products. In 2021, the area of new products represented more than 20% of Prosegur Cash turnover thanks to the good performance of developments such as Cash Today. In addition, the high rate of implementation of this service in our country demonstrates the fundamental role that cash plays in society and the need for commercial establishments to improve the efficiency of their customer service processes at the time of payment. collection and cash management Policarpo Ledesma, general commercial director for Iberia of Prosegur Cash, has stated.
It should be remembered that, according to the latest study by the European Central Bank, in Spain the 83% of the total number of transactions are produced in cash. And the value of these transactions amounts to 66% of the total. For its part, the Bank of Spain, in its latest report for 2021, emphasizes that 88.5% of citizens always carry cash with them, while only 2.5% of the population has declared that they stopped using cash for reasons due to the pandemic.
