$4.1 trillion evaporate annually due to fraud.

$4.1 trillion evaporate annually due to fraud.

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...
IS PANDEMIC THE LAST NAIL INTO COFFIN OF CASH?

IS PANDEMIC THE LAST NAIL INTO COFFIN OF CASH?

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...
Full Automation of Cannabis sales is not an easy business!

Full Automation of Cannabis sales is not an easy business!

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...
Is cash really so contagious?

Is cash really so contagious?

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

Automated Till Register

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...