Cash Deposit as a Bank Service
Offer your retail customers a smart safe solution for the back office.
The Benefits of Cash Deposit as a Bank Service
Cash deposit smart safes as a service offering from banks to retailers grows revenue and reduces costs while keeping the customer close.
Provide new services for customers and create new revenue stream.
Remain close to retailers as an essential part of their value chain
Cut the time staff spend on cash deposit services by bringing the branch to the customer.
The Cash Deposit Smart Safe Service1. You lease or sell the smart safe to the retailer.
2. The retailer deposits cash in their back office and the smart safe authenticates and registers the amount.
3. You take over responsibility for storage and transportation.
4. You credit the retailer’s account if they have pre-crediting as an additional service.
5. Your CIT partner has the smart safe emptied.
What is a Smart Safe?Smart safes for do more than collect and store money – they automatically verify and count deposited cash.
With cash management software, you can offer real-time monitoring of cash levels, optimisation of collection routines, full transparency over cash transactions, remote servicing and end-of-day credit.
The retailer benefits from process efficiency and reduced risk.
How to bring retail clients closer and remain an essential part of the value chain.