As respected industry and thought leaders, cash handling experts Volumatic spend all day, every day championing cash.
Leading innovation in cash handling for over 50 years, Volumatic understands the flexibility and resilience of cash and understands how important it remains to millions of people across the globe, helping both businesses and consumers.
In addition to advocating cash itself, Volumatic have always supported other organisations and charities that support and promote cash usage and help facilitate access to cash, so we decided to throw the spotlight onto some of these ‘cash heroes,’ operating across the world, who stand up for cash and our right to use it and access it, whatever our circumstances:
Cash Perks
Cash Perks is a new organisation in the UK that provides easy and convenient emergency cash payments to those in need via hardship grants and other welfare payments. They can send funds to anyone in the UK, which allows the recipient to withdraw cash immediately from an ATM, without the need for a card or bank account.
Visit https://www.cashperks.co.uk/ to find out more.
Bankomat AB
Bankomat AB, is the leading ATM operator in Sweden, operating over 60% of their cash machines. Sweden has been one of the world’s least cash-dependent countries for a while, but recently, there has been something of a government U-turn, with policies being introduced that aim to safeguard the infrastructure and future availability of cash throughout Sweden.
Bankomat AB has been at the forefront of these changes by developing an integrated cash logistics system that brings CiT services in-house for the first time in over a decade. This has enhanced the security of cash transportation and improved the reliability, operational control and efficiency of their service. By insourcing cash logistics, Bankomat AB have reduced costs, ensuring sustainable cash management, which is crucial for maintaining cash access across Sweden.
A representative from Bankomat AB said, “Our new in-house cash logistics operation represents a major step toward ensuring cash remains accessible and secure across Sweden. By controlling the entire cash supply chain, we enhance efficiency and sustainability, supporting financial inclusion and the smooth functioning of cash services.”
Visit https://www.bankomat.se/ to find out more.
Pin4
Pin4 is a multinational fintech company that provides a solution that offers cash access for those without cards at participating ATMs.
Pin4 understand that cash is still “king” for many individuals in many different circumstances. With this in mind, they have introduced an innovative way to enable fast and efficient cash dispensing and access to cash, through the use of mobile phones and the existing global network of over 3.5 million ATMs.
Pin4, who operate in the UK, the U.S. and Spain, and are expanding to other countries across the globe, says: “Whether we are disbursing cash for disaster or financial relief, digital account withdrawals, consumer incentives, remittances or another purpose, Pin4 can support this as a real-time digital, mobile, cardless ATM withdrawal.”
Visit https://www.pin4.com/ to find out more.
Aflatoun International
Based in the Netherlands, Alfatoun International is a non-government organisation that provides quality child-centred social and financial education to children and young people worldwide, with a particular focus on the most vulnerable.
Alfatoun recognises the importance of equipping children with the necessary skills to thrive in today’s dynamic world, to help them overcome challenges and take opportunities. They teach valuable life skills on everything from economic instability to ever-changing technological advancements.
They aim to ensure children and young people are socially and economically empowered in the hope they will go on to act as agents of change in their own lives for a more equitable world.
Visit https://aflatoun.org/ to find out more
Cash Access UK
Cash Access UK is an organisation that brings together many of the UK’s major high street banks to bring shared cash and banking services to a high street near you. They currently operate 188 banking hubs and 135 deposit services across the UK and are especially important to rural communities that have suffered in recent years from escalating bank branch closures.
Visit https://www.cashaccess.co.uk/ to find out more.
James Harris, MD at Volumatic, said, “Volumatic are always keen to recognise and champion the work of organisations that support cash, and these are just a handful of the hundreds of organisations out there that we recognise as being ‘cash heroes’ that are making a real difference.”
“We’ve known for a long time that consumers and businesses continue to want the choice of using and accepting cash and that many areas of our society, particularly those in the most vulnerable positions, rely on cash as a lifeline and these organisations are essential in helping ensure that cash remains an integral part of our society.”
“It’s time for everyone to stand up for cash and recognise the benefits it offers for all.”
