What is this event about?

Despite the increasing popularity of digital payment methods, South Africa is predominantly a cash driven society with nearly 85% of all retail transactions still made with cash. This means that ATM deployments and bulk cash handling are increasing year-on-year and the scope for escalation in cash crimes such as CIT heists and ATM bombings remains very high.  As a result, cash logistics and security are without doubt at the centre of operational success in any business. 

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The summit will encompass a diverse array of themes, including but not limited to:

• CASH HANDLING STRATEGIES: Exploring the evolution of the Retail Industry to a Changing Cash Environment and New Business Models of Managing Cash 

• CASH IN TRANSIT SECURITY: Cracking Down on Cash-in-Transit Crime and Cash-in-Transit Heists: A Human Rights Perspective

• THE FUTURE OF CASH SECURITY: Managing Cash, Managing the Risk in South Africa’s Ever-changing Landscape

• DEBATES: As the payments landscape is becoming more digitized, many countries and organisations are studying digital currency and forecasting currency levels appropriate for their future operations. This session discusses the trends in cash and non-cash payments, and whether the cash cycle is adapting to the change.