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Crime & Accidents News
17 March 2017

Rustenburg – Cash Connect Management Solutions, the leader in automated cash management and payment solutions, recently launched the N3K  South Africa’s first compact cash vault for the retail for a secure cash management solution.

On Thursday, 9 March 2017, businesses in the North West Province were invited to a full overview and live demonstration to see this small but mean cash vault in action at the Protea Hotel in Rustenburg.

“The rising cost of commercial property, forces many retailer to display as much product as possible in a limited retail floor space to increase revenue. New age store designs therefore pose a great security risk by limiting the space for proper cash management systems to be installed,” says Richard Phillips, joint CEO of Cash Connect.

The N3K, although compact, is a robust under-counter cash vault that is built to SABS Category 4 standards, ensuring an effective crime deterrent for businesses.

“Current trends indicate a need for smaller devices that adequately protect against traditional and sophisticated blunt-force attacks. With pressure mounting on retailers to generate maximum revenue from available floor-space, there is a greater need for a cash acceptance device that will fit under counters and in small cash offices,” adds Phillips.

The N3K is an ideal solution to fuel stations, fast food outlets, and retail stores like Spar and Pick n Pay, as well as building suppliers and wholesalers, because even though the vault looks good and small, it can withstand some of the toughest attacks.

The design of the N3K, with its sliding door feature, allows for the safe to be installed against a wall and no longer requires a swing door to open which would generally take up much more floor space.

ith South Africa’s high crime rate and the knowledge that more than 90% of business robberies occur with insider participation, it is important to understand that the kind of deterrent/s you have in place will determine the chances of your store being identified as a target for criminals.

Businesses big and small therefore need to choose their cash management systems wisely.  Ultimately the primary objectives should be to remove cash as the target for business robberies, 

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