Retail cash technology

The store staff deposits and receives notes and coins in the network connected to any cash handling machine. The machine will send note, coin and cashier information to CWC, allowing for auditing and reconciliation. The CashWebCommunity (CWC) platform receives an electronic update from the cash handling machine, which ensures that the cash content and technical status is visible in real-time. CWC is able to precredit the retailer’s bank account on a daily basis, relieving pressure on the cash flow. With the use of a sophisticated algorithm, CWC is able to auto-issue orders for collection and for change money to Cash-in-Transport (CIT) companies and counting for processing. End-to-end reconciliation is automated, combining information from the cashier's POS system, the retail terminals, and the counted results at the cash center.