A new generation of retail cash management

This article is brought to you by Retail Technology Review: A new generation of retail cash management.

CashGuard introduces a new cash management solution for the retail industry. Called Monero, the solution continues the tradition of innovation and quality that CashGuard is famous for.

Monero is primarily developed for large retail chains with high demands on IT-solutions, large roll-outs, scalability, as well as high demands on offering a first-class customer experience. It is also suitable for retailers who want a contemporary design on their cash management system. Monero is a good fit for retailers with a large number of transactions as well as retailers that want to kill queues faster.

"We are very happy with our new product and we know it offers many features our customers ask for," says Roine Gabrielsson, CashGuard CEO. "It is also designed in a way which enables us to keep adding features to the solution to stay ahead of our competitors and meet our customers' changing needs."

Monero offers retailers enhanced reporting functions which gives them a better audit trail and better control over cash flow and system activities. It has a distinct design with interactive lights that guide the customer and the store staff. The system features a new graphical colour display and updated interaction features with the cashier and the customer. Better interaction means faster customer throughput and queue kills. The coin recycler features a multi-coin technology which enables the customer to put in all coins at the same time. This feature creates a positive and effective shopping experience.