Retail Cash Automation: Cash Recyclers & Smart Safe
Jeff Hauser: The difference between a cash recycler and a smart safe is a great question, because they both do one thing extremely well, and that is they manage revenue earmarked for deposit. So they can count, sort, and store cash to be applied via provisional credit or through standard cash pick-up from a cash and transit provider. Where the cash recycler goes that quantum leap forward is, the cash recycler helps individual, organizations, or businesses manage the cash they have earmarked for operations. So, they handle till funds. They handle access to beginning of day and access to end of day funds, essentially, all the cash movement in a business that an intelligent safe doesn't address. A cash recycler goes that step forward and handles on behalf of the individual.