In an archipelago country like Indonesia, managing and processing cash can be very complex and time-consuming, especially for banks as they have to invest in establishing many branches in cities and rural areas to cater to their numerous retail customers spread nationwide.

That’s why we introduce the Multi-Denomination Cash Deposit Solutions, placed at retailer locations in many areas. It’s a flexible, secure, and win-win solution for banks and retailers.

Retailers can deposit their revenue at any time credited real-time to their respective bank accounts, while banks benefit from having customer retention, gaining low-cost source of fund which will increase profitability as well as reducing their collection cost.

Watch this video to hear about how this new cash processing trend aligns with the statement from Glory Managing Director for Asia Pacific, Ben Thorpe.

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