In the Retail Segment, Cash Still Reigns Supreme
Retail trends are changing, but one thing remains the same: the popularity of cash as a proven payment method. With a whopping overall consumer spend estimated at $2.3 trillion, the good ol’ American greenback continues to trounce not only its plastic competitors, but the other new and innovative payment methods available today as well. For merchants,…
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Retail trends are changing, but one thing remains the same: the popularity of cash as a proven payment method. With a whopping overall consumer spend estimated at $2.3 trillion, the good ol’ American greenback continues to trounce not only its plastic competitors, but the other new and innovative payment methods available today as well.
For merchants, however, the dollar bill comes with its own set of intrinsic challenges. Retailers that deal with large amounts of cash deal with costs and, if not addressed correctly, such costs can have a measurable impact on a store’s bottom line.
Retailers need a strategy—that’s where Tidel comes in. With the most comprehensive portfolio of cash automation solutions in the world, Tidel solutions help streamline, automate, and secure the retail cash environment, while helping to improve efficiencies, reduce risk, and increase profits. Watch the video above to see how Tidel has been simplifying cash transactions for over 40 years, enabling its customers to reap the benefits.
Read more at tidel.com
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