BALTIC RETAIL FORUM 2014

DID YOU KNOW?

THE CASH MANAGEMENT SPECIALISTS

WE CREATE A WORLD CLASS POINT OF SALE EXPERIENCE BY MAKING CASH PAYMENTS COMPETITIVE

25 YEARS’ EXPERIENCE 25 COUNTRIES

25,000 SYSTEMS

CASHGUARD IN THE WORLD

Founded in 1991, headquarters in Stockholm, Sweden

Subsidiaries in France, Germany, Malaysia, Singapore and the U.K.

A fully owned subsidiary of PSI Group ASA (publicly traded)

More than 520 employees

Turnover 2013 was 73.1 MEUR

Market leader in Europe

More than 25 business partners globally

Customers in 25 countries in different parts of the retail sector

CASH TRENDS

The US dollar increased with 42% from 2007 to 2012

The U.K. Pound increased with 29% from 2008 to 2013

The Euro increased with 34% from 2008 to 2013 *

2,5 billion adults in the world are unbanked **

Cash accounts for 70-80% of transactions ***

* Armin Greif, Head of Issue and Circulation, European Central Bank, Germany

** Measuring Financial Inclusion, 2012 – The World bank

*** British Retail Consortium 700

750

800

850

900

950

1000

2009 2010 2011 2012 2013

Circulation of Euro banknotes

Total value bi l l ion EUR

CASH TRENDS

Cash in the various countries Proportion of all transactions

PEOPLE AND CASH

Cash is the most viable payment method

Cash protects against electronic theft/fraud

Cash leaves no electronic traces

People trust cash in difficult economic times

There is a strong cultural connection to cash

Paying with cash makes it easier to stay on budget

THE PEOPLE LOVE CASH

RETAILERS AND CASH HANDLING

RETAILERS AND CASH HANDLING

RETAILERS AND CASH HANDLING

The cash payment process has stayed stagnant for decades

90 percent of retailers lack a secure and efficient cash management process *

Most retailers still handle their cash manually

Counting errors and shrinkage directly effect profits

Robberies are expensive and adds stress to the staff

*Vinnova, the Swedish public innovation agency. Report: Faster Cash – Efficient Cash

Handling is a Growing Market, 2013.

MANUAL CASH

HANDLING • Costs time and money

• Diverts resources from the core business

• Leads to a suspicious work environment

• Negatively affects the customer experience

TIME FOR AN IMPROVEMENT

CASH MOBILE CARD

PAYMENT ALTERNATIVES

STAKEHOLDERS

CASH-IN-TRANSIT ONLINE PAYMENT SERVICE

CARD PROVIDER

BANK

CARD PAYMENT PROVIDER

CASH CENTRE

BANK

NATIONAL CENTRAL BANK

CASH HANDLING

CARD

HANDLING OPTIONS

CASH MANAGEMENT

*Open cash drawer *Automated closed,

cash handling

*Handling of

electronic money

MAKING CASH PAYMENTS COMPETITIVE

THE SOLUTION

THE SOLUTION

THE SOLUTION

THE SOLUTION

Automates cash handling

Alerts for cash checkout collection or replenishment

Intuitive and easy to use

Controls cash levels in checkouts

Comprehensive reporting

Audit trail

Web browser on PC or Smart phone

CASH MANAGEMENT SOFTWARE

THE SOLUTION

THE SOLUTION

SAME DAY BANKING

BANK

ACCOUNT CASH

CASHGUARD

CASH MANAGEMENT BENEFITS

Focus on revenue-generating activities

Faster queue flow, more customers

Cash recycling

Same-day-banking

INCREASED

REVENUE 50% less time spent on cash

30% cut in cash-related costs

Fewer staff = lower salary costs

Lower insurance costs

LOWERED

COSTS

Staff is freed up

Always correct change

Stronger brand

Customer trust

IMPROVED CUSTOMER SERVICE

Cash is inaccessible to staff

Internal theft is eliminated

Safer work environment

Robbery risk is minimized

ENHANCED SECURITY

CONCLUSION

• Cash remains a popular payment method

• Cash and cards will coexist

• Cash management with automation makes

cash more competitive

• Opportunity to optimize with cash management

PAYMENT COSTS

PROPOSED STUDY

Cash Impact Report Find out how much your cash handling costs

FOCUS ON YOUR CORE BUSINESS

THANK YOU