Professional Secure CashHandling for South Africa
By Britta Buchholz
Over the last decade, the retail cash-handling market has grown and
developed at a rapid pace. This trend looks set to continue in years
to come. Faced with intensive global competition, retailers are more
likely to need cash-handling solutions that offer enhanced security,
lower costs and improved productivity.
Cash is here to stay
Cash has been around for centuries and
has proved to be one of mankind’s most
successful inventions. It remains the most
used and widely accepted form of payment
in the world. On average, cash in circulation
in South Africa has grown by 25% over the
last decade, and 60% of consumers pay in
cash in the retail space. According to the ATM
Association, 84% of payments in South Africa
are still made in cash.
Future trends
Gunnebo’s innovative focus is to continuously
simplify processes within the chain of cash
management and optimise cash cycle
monitoring. Its focus on increasing costefficiency and further development on the
import and export of real-time data ensures
that cash management will become more
accurate and easier to control. Thus, Gunnebo
embraces automation in order to improve
customer control over the cash process.
Retail cash-handling leaders
The Gunnebo Group is leading in the retail
cash-handling sector – with over 10 000
machines globally installed and over 100
billion Euros passing through Gunnebo’s
cash-handling solutions every year.
Gunnebo was the first to offer fully
closed cash systems, the first to integrate
ink protection into the retail world, and
the first to design solutions to achieve full
connectivity with banks and cash-in-transit
(CIT) companies.
The Group‘s mission is to help create a safer
world. Gunnebo does this by offering efficient,
innovative security solutions that create value
for our shareholders, customers, partners,
employees and society on a global scale. Being
the leading global supplier entails having
a global market presence and, through key
accounts, delivering services, products and
system solutions to the Group’s customers on
the markets where they want them. Offering
a safer future means taking a long-term
approach, investing in product development
and innovation, and building long-term
relationships which generate lasting mutual
value.
Retail World Africa
Gunnebo will be launching its latest intelligent
cash-handling product, SafePay, to the South
African Market at the Retail World Africa show
on the 18 and 19 March 2014. The event hosts
local and global leading solution providers
and decision makers from a variety of key
banking and retail industries across Africa.
The Gunnebo Security Group is
present in Europe, Asia, Africa
and North America. With years of
experience delivering security solutions,
Gunnebo has unrivalled expertise
in secure storage, physical security,
entrance control, cash handling and
24/7 service. Our solutions protect
people, buildings and property,
providing the best security for you,
your employees and your customers.
Chubbsafes and Alltech Turnstiles and
Vehicle Barriers are brands of the
Gunnebo Security Group.
Patrick van Aart, Director of Global Cash
Handling for Gunnebo, will be presenting
Gunnebo’s innovative ways of improving
efficiencies in managing and securing cash
with our customers, with a focus on key
trends in the global and African markets.
Gunnebo invites you to visit the G [