Cash is “Safe to Use,” Despite the SARS-CoV-2 Virus

Cash is “Safe to Use,” Despite the SARS-CoV-2 Virus

Aug 18, 2021

ASSESSING CASH’S ROLE IN COVID-19 TRANSMISSION Researchers studying the likelihood of Covid-19 transmission through cash often cited a paper by Thomas et al. (2008) that found that the influenza virus could survive on banknotes for up to three days in high...
MasterCard Changes Tack on a Future without Cash

MasterCard Changes Tack on a Future without Cash

Jan 28, 2021

For Mastercard CEO Ajay Banga, financial inclusion will be a critical part of post-Covid-19 economic recovery. He recognises that cashless “is something we are not going to get to and probably shouldn’t”. Mastercard is hardly perceived as a company supporting cash. In...
The Hidden Costs of Cards

The Hidden Costs of Cards

Oct 15, 2017

Payments are a big business. According to the Boston Consulting Group, payments generated $1.1 trillion in revenue in 2015, representing 29% of global banking revenues. By 2025, they are projected to reach nearly $2 trillion. Payment cards are the most important and...
TOPAZ Launch SafePay Roll Out

TOPAZ Launch SafePay Roll Out

May 24, 2017

Topaz has begun using Premium Cash Solution’s new cash handling system “SafePay”. The SafePay solution minimises cash handling requirements and protects both staff and customers in stores. To date, there has been close to €100,000 invested in the rollout of SafePay...
5 Efficient Ways to Reduce Shrinkage in Retail

5 Efficient Ways to Reduce Shrinkage in Retail

Apr 24, 2017

Retail shrinkage is a common problem for many stores. Shrinkage is the culmination of losses that your business experiences as a result of employee theft, shoplifting, administrative mistakes, and vendor fraud. When your business has a higher shrink rate, your profits...