CashAccessSys managing director Fred Scherf (left) with Komtel general manager Abdul Malik during the launch of the Automatic Cash Deposit Machine (ACDM) in Nairobi.  The system aims to significantly reduce the long queues normally experienced in banking halls on month ends and school opening periods. PHOTO | COURTESY

The Big Story

SA firm aims to ease bank queues with automated cash deposit system

Posted 4 days ago

Businesses handling large volume of cash in transactions are set to cut the time it takes to validate and sort bank notes with the introduction of a new banking system....


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