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...
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...
Handling cash exposes petrol stations to security risks as well as added costs. A closed cash management system can help address these and other challenges. 5 Benefits of a Closed Cash Management System for Petrol Stations 1. Security 2. Cost Savings 3. Customer...
Automated cash recycling for hotels is an excellent way of not only reducing operational costs but also improving the customer experience. With multiple points of sale (such as bars, restaurants, coffee shops and gift shops) spread across their site, managing and...
Closed cash management is a method of dealing with cash which not only addresses store security concerns, but also the efficiency of retail cash processes. So what is it exactly?The key characteristic of a closed cash management system is that it keeps cash locked...
Hygiene in the foodservice and hospitality industry is of great importance. Thankfully there is a way for food handlers to accept cash and eliminate interaction with notes and coins. From fast-food outlets and supermarkets to cafes and bakeries, any business serving...
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