Cash management company Volumatic and cash security service G4S Cash Solutions (UK) will offer a cash solution for retail businesses across the UK through a new partnership.

UK cash solution

Volumatic’s CounterCache intelligent (CCi) system and the security services of G4S Cash Solutions will provide benefits including note validation, security and reporting.

Indemnification and intelligent scheduling, meanwhile, will optimise cash collections.

Mike Severs, sales and marketing director at Volumatic, said the CCi can make “daily cash processing faster, safer, and more secure.”

“Those businesses using the CCi currently benefit from efficient cash processing procedures, cash security and no longer have to deal with counterfeit notes, discrepancies or losses,” he added.

“The system really is the most efficient way for staff to handle cash.

“Adoption of this new full cash solution with G4S will save businesses time and money for years to come, making it a worthwhile investment for businesses.”

Bob Lammin, head of CASH360 Solutions at G4S, said: "We are committed to providing our customers dealing in cash with an end-to-end cash solution with the highest level of reliability and service.

“We are delighted to expand our range of products supported in the market and work with Volumatic to deliver this full cash management solution.

“With the proven reliability of Volumatic's CCi unit and our own national cash solution services we can support any businesses left vulnerable from nearby banks closing."