The end of cash has been debated for years; yet, there is $1.61 trillion cash in circulation in the United States alone as of January 24, 2018, of which $1.56 trillion was in Federal Reserve notes. Over seven in ten people use cash for in-store purchases.
Grocery, convenience, hospitality and special retail segments are among the top industries that deal with cash payments and are therefore most affected by the increase in internal employee theft and rising minimum wages, creating numerous challenges for the majority of these businesses. It also offers a tremendous opportunity for those that provide technology and services to optimize cash handling processes at the Point of Sale (POS). APG Cash Drawer’s pioneering SMARTtill® Cash Management Solution has excellent business potential in the industry, now and in the future.
Engage with APG throughout the partnership life-cycle and partner program from training and integration to sales and support.
- Align APG’s resources from the first conversation to help you move the deal forward and be successful
- Expand your current market potential with our marketing program
- Promote your brand and service through APG’s leading marketing channels and campaigns
The next iteration of cash management solutions will cut cash losses and maximize revenue growth. Retailers need to invest in new cash handling technologies that provide operational efficiency through the automation of cash counting and real-time cash visibility. Intelligent cash drawers offer benefits at the POS and across an entire organization in:
Our dedicated product and engineer team is focused on making it as easy as possible for our partners to accelerate the SMARTtill® Solution product training and facilitate knowledge transfer.
Whether your business specializes in back office applications or front end POS development, there is an exciting market opportunity in the food, convenience/gas station, hospitality, and retail verticals when businesses use cash handling automation and analytical data to shrink their operational costs.