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Cash-in-Transit just got expensive. What now?

  • 18 hours ago
  • 1 min read


Retailers are quietly re-examining one cost that has crept up dramatically over the past few years: Cash-in-Transit (CIT).


For many multi-site retailers, the traditional model still looks like this:


  • Cash counted manually

  • Deposits prepared in store

  • Frequent CIT pickups

  • High transport and handling fees


But with CIT pricing rising, some retailers are starting to rethink the model entirely.


One approach gaining traction is validated smart safes at store level.


Cash is authenticated the moment it’s deposited.

Every transaction is logged and attributed to a user.

Management can see deposits and variances remotely.


The interesting outcome is operational rather than technological:


  • Less staff time spent counting and reconciling cash

  • Stronger audit trail and accountability

  • Lower shrink risk

  • Potential to reduce CIT pickup frequency


In other words, the cost equation around cash handling changes.


This isn’t relevant for every retailer — but for those running multi-site networks where CIT costs have escalated, it’s starting to become a serious conversation.


If you’re in retail and this is something you’re currently grappling with, feel free to contact us. Happy to share what other retailers are starting to test in this space.

 
 
 

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Contact

Safeguard Retail

120 Langford Street

North Melbourne

Victoria

3051

service@safeguardretail.com.au

1300 694 290

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