Wednesday, October 23, 2013
MERCHANT CASH MANAGEMENT
Despite increasing adoption of card payments, cash usage is still on the rise. Banks are actively managing consumer migration away from cash, and working with merchants to enable electronic transactions. But what about merchant cash management? How much does it cost merchants to process cash? What are the solutions for them? What role can banks play in providing this service? We’ll discuss some innovative solutions and the opportunity for banks and their customers.