Payments

German cash handling distributor taps IT’s hygienic cash automation solution

Image courtesy of Innovative Technology Ltd.

February 9, 2022

PerfectMoney, a cash handling solution provider in Germany, has become a distributor for Innovative Technology Ltd.'s CashGenic hygienic cash automation solution and rebranded it under the name Vicky, according to a press release.

PerfectMoney has introduced the solution to butchers, bakers, food trucks, farm shops, fast-food restaurants, motorcycle shops, pharmacies, coffee shops and opticians.

"We are pleased with the success of the roll-out so far with several businesses reporting an uplift in cash takings after Vicky was installed," Christian Dieterich, CEO, PerfectMoney, said in the press release. "Although COVID may have initially triggered this development for hygiene reasons to reduce staff handling money, it brings many more advantages to the retailer. Securing cash payments, reducing accounting errors and cost efficiency continue to be key for the retail industry. Plus, cash remains the preferred payment of choice here in Germany, so we foresee take-up growing significantly over the coming years."