We guarantee your cash the instant it's deposited into our cash vault.
- 40 x LESS risk of armed attack.
- Pioneers in accepting all of the cash risk from deposit to bank.
- Reduce the cost of in store cash handling.
- Mitigate the risk of violent attack.
Having the lowest risk profile in this industry, underwrites our tagline…“We take the Risk”.
Why trust us with your cash ?
It’s been 10 years since Cash Connect entered the South African market and today we are even more committed to innovation and protection of our retailers’ business.
- We offer more than just a tin box to safeguard your hard-earned money. We perfected the cash deposit device!
- We offer an all-inclusive, value guaranteed, cash management and payment solution.
- We are one of the largest suppliers of cash to the banking system and boast close on R40 Billion a year that we manage on behalf of our diversified client base across the country.
- We are an approved service provider to blue-chip companies such as Spar Group, Shell, Engen, Pick ‘n Pay and OK to name but a few.
- Our efficient and secure automated cash management and payment solutions have helped businesses to create a trading environment that is safer for their staff and customers.
- Cash Connect is an approved supplier to 3 of the major banks in South Africa.
With us, you’ll have more time to do what you do best, running your business.
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Understanding the cost of cash handling is fundamental to any cash risk management strategy.
Table:
Expected savings per month, projected using industry average cash handling cost benchmarks.
Cash Volume |
Expected average savings per month |
R1M to R2M |
2,7% to 17.8% |
R3M to R7M |
25,2% to 41,6% |
R8M Upwards |
42,8% to 45,8% |
Expected Insurance savings of about 90% and Shrinkage Reduction of approximately 87% across the spectrum. Variations may occur dependant on specifics. |
{tab=Reduced Risk}
Latest crime statistics show 19 170 attacks against businesses - 52 per day.
Retailers have a 1 in 4 chance of falling victim to an armed attack; conversely, Cash Connect clients have less than 1 in 100 chance... 40 x LESS likely to be attacked.
Factors fueling attacks:
A. "Insider Participation" is evident in over 90% of cases.
B. 90% of business armed robberies are primarily for cash.
So how does Cash Connect reduce the risk so substantially?
Our attack resistant Vaults are designed to be impenetrable to hit and run attacks.
Understanding that Staff are participants in over 90% of attacks and the fact that these are the same people we train when installing, they get to see just how secure the Cash Connect solution is. Your store becomes known as a HARDENED site not worth attempting an attack, effectively removing cash as a target in your store.
Deter, Deflect and Defend.
Crime statistics - Source: SAPS
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We guarantee your cash the instant it's deposited in the Vault.
Simply put, We take the risk...once cash is deposited in the vault, while stored in the vault, during collection and in transit IE: Any time after the deposit is made. Should we receive a valid claim for loss after cash is deposited into the vault, the value will still be transferred in accordance with your settlement agreement.
{tab=Save Time}
In a retail environment cash is handled, on average, 5 times before reaching the bank. We automate this into 1 step; substantially reducing back-office resources, duplicity, shrinkage and increasing cashier accountability. Typically our customers receive SAME DAY value of the cash deposited into the Vault.
Table:
Expected savings per month, projected using industry average cash handling cost benchmarks.
Cash Volume |
Expected back-office time-savings |
R1 to R2M |
25% to 33% |
R3M to R7M |
41% to 79% |
R8M upwards |
81% to 89% |
Expected Insurance savings of about 90% and Shrinkage Reduction of approximately 87% across the spectrum. Variations may occur dependant on specifics. |
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Return on Investment - Understanding the accumulated cost of cash handling creates awareness of the potential savings through automation. Improvements to your cash security will boost staff morale, productivity, turnover and create a safer trading environment for your customers.
R.O.I. Measures |
With Cash Connect |
Without Us |
Shrinkage |
0% shrinkage |
National average 0.15% |
Cash handling resources |
Save up to 90% (volume dependant) |
0% |
Productivity increase |
Expected average improvement 7,5% |
0% |
Accountability |
100% |
50% |
Peace of mind |
100% |
40% |
Cash deposit fee |
Average reductions of up to 37% |
No Savings |
Value received at bank |
Same day |
Next day or longer |
Overall savings |
R200 pm to R40,000 pm (volume dependant) |
No savings |
Expected Insurance savings of about 90% and Shrinkage Reduction of approximately 87% across the spectrum. Variations may occur dependant on specifics. |
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