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A new generation of retail cash management

CashGuard introduces a new cash management solution for the retail industry. Called Monero, the solution continues the tradition of innovation and quality that CashGuard is famous for.Monero is primarily developed for large retail chains with high demands on IT-solutions, large roll-outs, scalability, as well as high demands on offering a first-class customer experience. It is also suitable for retailers who want a contemporary design on their cash management system. Monero is a good fit for retailers with a large number of transactions as well as retailers that want to kill queues faster.

CashGuard expands their sales channels to the Baltic Countries

Last summer CashGuard’s parent company PSI Group acquired the Baltic market leader of retail solutions, New Vision Baltija. As of this year New Vision will start selling CashGuard’s solutions in their markets. “We see New Vision as a perfect sales partner and see great potential in the Baltic countries,” says Roine Gabrielsson, CashGuard CEO. New Vision Baltija was established in 1993 and is a retail business technology company. The company provides business management solutions and system integration services to retailers in the Baltic region and is actively expanding its

CashGuard beats the competition in South Africa with largest single-store order ever

The President Hyper supermarket company in South Africa has decided to replace their current cash management system with CashGuard in their second store. The agreement includes CashGuard solutions for 55 checkouts for one store outside Johannesburg – hence the largest single CashGuard order for one store ever."This is another example of CashGuard beating the competition on providing the most reliable and efficient cash management solution for the retail industry," says Jørgen Waaler, CEO of PSI Group ASA – CashGuard’s parent company. The sale was made by PSI Group’s partner in South

CashGuard wins contract with Statoil Fuel & Retail Sweden

CashGuard has been selected by Statoil Fuel & Retail Sweden to provide its cash management systems to “Statoil” full-service stations in Sweden. The solution will be rolling out to stations in February 2015.“We are proud to add Statoil Fuel & Retail Sweden to our extensive list of international customers,” says Jørgen Waaler, CEO of PSI Group. “This agreement further strengthens CashGuard’s position as the global market leader for cash management solutions for the retail industry.” CashGuard’s track record of proven reliability, speed, durability and business-enhancing functions

Showing French pharmacists cash management

Last week the National Pharmacy congress of France took place in Cannes and naturally CashGuard was there. It was together with our partner Alliadis that we showed cash management to over 2000 attending pharmacists.   For us the congress was a big hit event. ”We met many new contacts and we look forward to individual meetings to explain the benefits of cash management further,” Laurent Jamin, country manager France at CashGuard.

Monero Met the Customers!

This week, our newest cash management solution – Monero – was ready to be introduced to the first store for testing and evaluation of impression. The staff at ICA Spångavägen, in Stockholm, Sweden was the first to try out this new solution. After a full day of testing, we could proudly conclude the test with a very positive result. The staff was very positive to working with Monero. “They were really impressed how easy it was to insert the notes, and they liked the design of the new system” says Ida Bäck, test leader at CashGuard. Also the customers in the store liked Monero,

A new blog entry on the Follow the money blog.

http://www.cashguard.com/News/Follow-the-Money/The-next-big-thing/ With 25 years of experience from making cash payments competitive to the retail industry we proudly see ourselves as cash management specialists . And it is our reflections and thoughts from this we share in the blog. This entry is about mobile payments. Hope you find it interesting. If you have any questions or want further information please contact Catrine Johansson VP Marketing at e-mail Catrine.johansson@cashguard.com or

CashGuard hires new Country Manager for Germany

CashGuard strengthens its European focus by hiring Harry Timm as the new Country Manager for Germany. Harry has extensive experience with the solution selling approach. He most recently worked as Director of Sales for Zimory GmbH. “It is important to understand the customer’s needs, “ Mr. Timm said. “It is my goal to become a trusted advisor to the customer.” CashGuard’s customer-driven culture and the company’s market-leading position were among the things that attracted Mr. Timm to CashGuard. “CashGuard has a clear focus on cash management for the retail industry,” Mr.Timm said. “

Why isn’t same day banking catching on?

There has been a buzz for a while about same day banking, yet is doesn’t seem to quite catch on, why?Let’s start with what same day banking is. Let’s say you own a store, restaurant or another business where a part of your daily revenue is cash. You want that cash in your bank account as quickly as possible. The sooner it gets into your bank account, the better cash flow and the more interest for you. Same day banking technology moves the money from the safe in your business to the bank account, usually the same day. In today’s reality, the money is picked up by a company and transported

Why the HR manager should love a cash management solution

When I meet with potential and existing customers discussing the business benefits I often find myself in a room with people representing Operations, Finance, IT and Security. This is of course great – these functions are definitely stakeholders in such a discussion. But one person that very rarely attends the meeting is the HR Manager. Although I believe all HR Managers appreciate the value of a safe work environment, perhaps they don’t immediately realize some of the other benefits that a cash management solution gives. Handling cash is scaryFirst of all; handling notes and coins

Is the death of cashiers imminent?

I have been thinking about the customer experience at the checkout. How good can it be with a machine? The machine is not adaptable to me. It’s rather procedural and I have to follow the interaction that the machine wants. That makes the user experience pretty rigid.  The occasions when there is an issue, I get frustrated. The machine is ignorant of my feelings. Not a good thing for the store. When the purchase is only a few items and pricing and packaging are very clear, self-service check-out could be convenient. But I’m slower than a cashier and will be a bit uncertain that I did

CashGuard expands to meet demands

CashGuard expands to meet demands Efficient cash management increases in importance for retailers worldwide. Retailers seek new ways to improve the customer experience while increasing their profit margins at the same time. An efficient cash management solution can help them do both. CashGuard was founded in 1991 in the spirit of innovation and the ambition to provide the market with the best solutions for managing cash well. That foundation has made us the leading provider of cash management solutions for the retail industry today. As the demand for our cash management solutions

Come visit us at the Europain Fair in Paris

This weekend a unique event started: the global gathering of the European baking and foodservice industries. Cash Guard and our partner Tigra is here. From the 8thtill the 12thof Mars over 82,000 visitors in baking and pastry-making industries will have the opportunity to learn how they can benefit from Cash Guard’s cash management solutions. From our customers in the bakery and hospitality sector we at CashGuard know what difference our solution can make for their business. They enjoy being able to focus on their business and customers, and not having to think about the daily cash

CashGuard passed the test

According to The European Central Bank 353,000 counterfeit Euro banknotes were withdrawn from circulation in the second half of 2013. Every counterfeit banknote threatens the credibility of the currency, and CashGuard works hard to maintain the validation standard in our products. Last week Cashguard conducted the annual test at European Central Bank (ECB), to prove the reliability of their validation technology. We are proud to announce that the cassette in the CashGuard Premium Note Recycler has successfully passed the test. For us at CashGuard it’s important that our equipment is

National radio show highlights effective cash management

CashGuard’s Irish representative, David O’Brien, was a guest on the Sunday Business Show on Today FM in Ireland. The show is hosted by Conall O’Morain On the program, they discussed how CashGuard saves time and even increases the profit margins of the retailer. “Our customers that have CashGuard installed in their store have all attested the fact that it does pay for itself in 12-18 months.” David O’Brien, Managing Director of CashGuard Ireland. They further discussed the benefits of counterfeits detection and how CashGuard increases the security in the store. They also talked

CashGuard’s parent company releases Q4 results

Highlights ·  Very good turnover in the quarter for both Retail Solutions and CashGuard. It has however been a challenging quarter for SQS Security, with low turnover and nonrecurring costs ·  Overall for 2013, there has been growth in all business areas. Retail Solutions has delivered record high turnover and EBITDA. ·  The sale of InStore IT companies generated a profit of MNOK 33.0 in the 3rd quarter. The profit is classified as a financial item. ·  The Board proposes to increase the dividend with 20 % to NOK 0.30 per share. Operating revenuesOperating revenues of MNOK

CashGuard leaves robbers empty-handed

Thanks to CashGuard the two raiders who attempted to rob a Spar store in Dublin, Ireland, where forced to leave empty-handed.   The staff were threatened but not injured and two raiders fled the store after they couldn’t access any cash. Listen to the radio interview with the CashGuard representatives in Ireland: http://www.youtube.com/watch?v=xC8LBjYj234&feature=youtu.be After several incidents the store installed a CashGuard solution in August 2011. At CashGuard we are very proud to provide a solution that creates a safer work environment for retail staff.

CashGuard shows new cash management solution during EuroShop

CashGuard invites you to our booth, G69, Hall 6, to experience our new cash management solution for the retail industry. The new solution is called Monero and it is available for demonstrations during the whole EuroShop week.With more than 20 years’ experience with cash management in the retail industry, we are confident that Monero will bring a new management experience for retailers, as well as consumers. “CashGuard is the leading innovator in the cash management industry,” says Roine Gabrielsson, CashGuard CEO. “With Monero, we continue to set the standard for efficient, reliable and

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