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DirectCash
is the brand name of Direct Transact’s initiative
to deploy an ATM network at convenience stores,
shopping malls and large corporate sites. This
exciting new project is gaining momentum by the
day, with a number of sites already identified
for installation. The ATM’s are available
to retail store owners on a rental basis, with
options for the provision of cash replenishment
or merchant loaded units. For merchants who utilise
cash from their own stores to load into the ATM,
it is a convenient and safe method to effectively
manage their cash recycling and put up to 30%
of the cash back into the business by means of
shoppers purchasing at the store.
The self-loaded option also considers further
safety of patrons by the obvious absence of cash-in-transit
vehicles carrying cash boxes, which attracts attention
and creates a potentially dangerous environment
at the centre concerned. The recycling of cash
on the premises circumvents the ever-increasing
cost of cash deposits.To summarise, Direct Transact’s
service offering for DirectCash ATM’s includes
the following:
- The supply and installation of ATM’s;
- The design and manufacturing of surrounds;
- Maintenance of the ATM’s;
- Cash replenishment of ATM’s in South Africa
(if not done by the merchant);
- Reporting for ATM balancing;
- ATM and network monitoring;
- Back-office administration, cash balancing and
reconciliation;
- Custodian training (training manuals).
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