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Despite the increasing popularity of digital payment methods, South Africa is predominantly a cash driven society with nearly 85% of all retail transactions still made with cash. This means that ATM deployments and bulk cash handling are increasing year-on-year and the scope for escalation in cash crimes such as CIT heists and ATM bombings remains very high. As a result, cash logistics and security are without doubt at the centre of operational success in any business.Cash is very expensive to manage securely in South Africa and the world in general. In South Africa’s case this is because crime is on the increase, the economy is growing and the amount of cash in circulation is rising every year. The surge in adverse security situations such as robberies, hijackings, cash-in-transit heists and ATM bombings make it mandatory for businesses to constantly invest in highly efficient and effective security solutions to protect the cash as well as human life.
This conference will provide a platform for discussing new and old cash security issues as well as offer new generation approaches for the handling and transportation of cash. We will debate on the future of cash in the growing face of digital currencies and examine what that means for cash management. We will also unpack new technologies and discuss how AI and Machine Learning are revolutionising the cash handling industry. For more information or to book contact us on our 24 hr Hotline:
[email protected] Tel : +27 11 019 2200
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Event Venue & Nearby Stays
Emperor's Palace Convention Centre, Kempton Park, Gauteng, South Africa
