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The rise of cashless payment during pandemic beside positive has brought with also negative aspects. I mean the cards related fraudulent activity. in (*) we read: “While fraud involving cash is lessening yearly, large gains in fraudulent activity involving cards more...

Not at all! As the statistic of Federal Reserves has shown, people in USA in general holds more cash in pockets post pandemic (If we can name the second half of 2020 “post-pandemics”?): “According to pre and post-pandemic consumer surveys by the Fed, consumers were...

The cannabis industry is at a rapid growth stage. Since the last vote in 2020, one in three Americans lives in a state where cannabis is already legalized. In response to this rapid development in demand, new solutions have emerged in cannabis retail sales. One of...

A recent study by an Australian laboratory (1) caused an alarm among cash apologists, especially in the ATM industry. The laboratory (it is important to emphasize laboratory!) study of the COVID-19 virus on banknotes found it can last up to 28 (!!!) days! This data...

Automated Till Register (ATR) not only saving the time of servers and restaurant managers due to significantly lowering the time the staff is using for cash counting and validating. Our technological partner Innovative Technology has calculated the mixed note...

Our team has made a simple calculation (Tom is Operating Partner of the “Sugarfactory” restaurants and co-founder of “Till-pro” ). This calculation is based more on everyday experience than on statistics. Having mentioned this, please accept the calculation below as...

We along with Tom (he is a partner at Till-Pro and has long history managing multiply restaurants) have tried to make a bullet list of most routine operations, restaurant staff is performing with cash during the working day. Here is a list of this operation: first, we...

Intro to the Automated Till Register Running a cannabis dispenser is not easy (and not cheap!). One of the problems, as it is mentioned in the article (*) is the payment problem. It seems, around 70% of payments in the industry are still cash-based (please understand...

“Solutions that integrate with restaurants’ POS systems and allow consumers to not only view a menu, but to order and pay for their food in touchless fashion without interacting with a server, are becoming a cornerstone of these new dine-in protocols. “Such technology...

The drop of cash usage during COVID is a rising important question. Authors of the report (*) have stated, despite the still very high volume of cash payments (“Over £100 billion is spent in shops [in UK – E.V.] using coins and notes every year …”), the number of cash...

The cash management experts are suggesting the retail (hospitality, dispensaries, anybody involved in the cash handling), must invest in cash management solutions. What solutions? 1. A Currency Counter. 2. A Currency Discriminator. 3. A Cash Recycler. . (*) We got a...