MPK Garages cuts cash losses after Volumatic installation

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Forecourt group MPK Garages has partnered with cash handling solutions business Volumatic to cut cash loss and increase payment efficiency.

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MPK Garages has completed the rollout of CounterCache intelligent (CCi) – a one-touch cash solution that checks, counts, and safely stores banknotes as the point of sale – across its estate.

Wayne Harrand, retail director at MPK Garages, said: “Volumatic’s CCi has really made transactions much easier in our sites thanks to its one-touch element. At the point of sale, once we have deposited the cash, we don’t touch it again; only the bank does during processing. We love that cash exposure in our stores is minimised to just the customer transaction.”

Harrand added: “We removed all cash risks from the business. So much so, in the last six months, we have reduced cash loss by 96% across our whole estate. In terms of theft of cash, we have saved so much money as access to cash is so limited.

“The CCi has absolutely been a benefit during Covid with total visibility and control. At the height of the pandemic, we had failed collections due to restraints, so the CCi gave us an extra level of security. Colleagues feel much safer as their contact with cash is reduced and reduces the risk of theft.”

Mike Severs, sales and marketing director at Volumatic, said: “We are seeing a huge increase in the number of convenience stores using CCi to improve the efficiency of how they handle cash. CCi saves time and saves money and it enhances security because it is in a security deposit device at the till point.”