Cash Logistics Technology and Service

Cash logistic means physical transfer of banknotes, coin from one place to another. It involves all the activities, such as collecting, handling, and transfer. The cash centers and bank branches, ATM points, large retailers, and others are holding large amounts of cash that to be transferred from one place to another; this drives the cash logistics market. The physical transfer of cash may not be taken lightly, and it gives more security for that purpose; it raises demand for the cash logistic market globally. The services such as cash-in-transit, ATM services, cash management are rising demand for the cash logistic market. They are increasing cash demand for the emerging economies rising demand for the cash logistic market. However, the increase in digital transactions and cash-in-transit robberies restrain the growth of the market. Hike in a cash transaction, ATM services, banks, financial institution require enhanced security; hence, it demands cash logistics which create a lucra...