In the Retail Segment, Cash Still Reigns Supreme

+ more

Retail trends are changing, but one thing remains the same: the popularity of cash as a proven payment method. With a whopping overall consumer spend estimated at $2.3 trillion, the good ol’ American greenback continues to trounce not only its plastic competitors, but the other new and innovative payment methods available today as well.

For merchants, however, the dollar bill comes with its own set of intrinsic challenges.  Retailers that deal with large amounts of cash deal with costs and, if not addressed correctly, such costs can have a measurable impact on a store’s bottom line.

Retailers need a strategy—that’s where Tidel comes in. With the most comprehensive portfolio of cash automation solutions in the world, Tidel solutions help streamline, automate, and secure the retail cash environment, while helping to improve efficiencies, reduce risk, and increase profits. Watch the video above to see how Tidel has been simplifying cash transactions for over 40 years, enabling its customers to reap the benefits.

Read more at tidel.com

Latest

How Will the NFT Market Shake Up Auction Houses?
April 9, 2021
Their primary practice is based around asset protection, trusts & estates, as well as representing high net-worth individuals like art collectors, designers, wine importers & producers, and Read more
Why Credentialing Platforms Have to Fill the Void in Job Skills that Universities Are Creating
April 9, 2021
Numbers are up across the board for employer-based credential programs as companies develop a robust parallel higher education infrastructure. Research out of credentialing platform Credly found that Read more
The Longterm Impact of Retail Closures in 2021
April 9, 2021
  The CEO of Mainvest, Nick Matthews, discusses big news out of the Bureau of Labor Statistics on massive incoming retail closures in 2021. He breaks down which sectors are most impacted, but Read more