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 Africa, Bullion IT – who also completed a record installation with 42 systems in 20 hours.

"President Hyper soon realised that they needed CashGuard's speed and durability to achieve the desired business benefits of a cash management system," said Clive Strover, CEO of Bullion IT.

The remaining systems will be rolled out during January of 2015.

CashGuard – securing your bottom line

CashGuard specialises in cash management solutions for the retail industry. The company was founded in 1991, and has since then grown into a market leader for cash management in the retail field. CashGuard’s mission is to create a world class point of sale experience for customers, while offering retailers the best solutions for preventing shrinkage, tracking cash flow and optimising business performance. More than five million retail customers in 25 countries use CashGuard and there are almost 25 000 systems operating globally. CashGuard is headquartered in Stockholm, Sweden and is a wholly owned subsidiary of PSI Group. Go to www.cashguard.com for more information.

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