29 January, 2025
While recent years have seen an increase in the number of cashless transactions in shops, restaurants, and other settings, cash is still a significant factor in retail. According to the British Retail Consortium, cash transactions increased over 2023 as the cost of living crisis led to more people using cash to help themselves budget.
Estimates state that cash transactions make up between 15 and 20% of all daily transactions, meaning there is still significant amounts of cash circulating in the economy.
If you run a shop, bank, or other financial institution, it’s likely you will still be handling large amounts of cash. It’s always been the case that cash handling can be a weak point in overall premises security, with criminals targeting areas where cash is handled. Employees in customer-facing roles often face an increased risk of being faced with a criminal.
To counteract this threat, banks, retail settings, and other customer-facing premises where cash is handled, need to ensure they have robust cash handling solutions in place. Cash handling equipment and cash handling devices can significantly reduce the risk of attempted crime being successful. Their presence can also act as a deterrent in themselves.
What are the best cash handling solutions to reduce risk, protect employees, and deter criminals?
The range and scope of today’s challenges mean that comprehensive levels of protection are required for employees and company assets. When it comes to cash handling, this means ensuring that counters and screens are secure while enabling employees to work freely and interact with the customers:
Bullet resistant glazing reduces the threat to employees and the appeal of premises to armed robbers. Fast rising security screens can be in place within seconds to protect employees, while enabling counter trading and unobstructed communication between customers and staff. Sizes and configurations can be designed to suit the business and premises.
Manual attack glazing is a fundamental component of security in many retail and financial settings. SafeAssure UG Security Glazing can easily be fitted to existing or purpose-built counterwork, with the sizes tailored to suit the premises and company requirements. Communication travels through the transaction gaps.
Pay windows are an essential cash handling device, allowing for cash to be exchanged between the customer and staff, while providing both manual and bullet resistance. A cash tray with closer ensures that the transaction is swift, safe, and secure for both parties.
Equipping your premises with robust cash handling solutions can significantly reduce the risk of your premises being targeted by criminals.
At Safetell, we’ve provided numerous public and private organisations, from retailers and banks to government buildings, with custom security solutions that provide added protection during potential robberies.
Contact us to find out how we can increase your security and reduce the risk of robbery.