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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

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

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