Cash Logistics
Provided By New Jersey ATM Company
Provided By New Jersey ATM Company
Modern ATMs provide essential services to both their users and the banks that own and manage them, but require regular and secure replenishment in order to remain fully functional. That is where cash logistics come into play – this refers to the process of managing and dispensing cash at ATMs known as atm cash logistics, which can be outsourced to third-party providers that specialize in replenishment services, vault services, coin/bullion management as well as other forms of cash processing functions.
The global atm cash logistics market is expected to experience considerable expansion as cash circulation, demand for safes and vaults for managing cash, ATM deployment, and digital money adoption continue to drive its expansion. Unfortunately, factors like cash-in-transit vehicle robberies as well as digital money adoption impede its expansion to some degree; however, fully autonomous cash-in-transit vehicles could provide lucrative opportunities over time.
Planning an ATM cash load requires knowing exactly how much cash will be required at each terminal on your route. To do this effectively, monitor customer transactions over three to six months to provide an average daily total value of withdrawals – then multiply this figure by nine as that should provide the maximum weekly refill amount.
Shipping an ATM can be costly depending on its destination, shipping lane and size. Custom crating provides the best protection for the machine while in transit as it encases it fully and adds insulation layers – however this option can be prohibitively costly in remote or small environments.
Provided By New Jersey ATM