Cash Connect (South Africa)

Cash Connect (South Africa) provides retail businesses with cash safes and cash revenue management, including the coordination of cash-in-transit pickups. The group is part of Lesaka Technologies.

Services The listed services are retail cash management, cash vaults, CIT coordination and access to deposited cash. Through the Connected App, clients see data on the safes and can reach the funds held in them, so the cash balance becomes visible without waiting for a collection to be processed at the bank.

Clients The service is aimed at retail businesses and banks. Cash is the only channel, which places the company on the physical side of the payment chain.

Legal entity and location The legal entity is Cash Connect Management Solutions (Proprietary) Limited, with an office in Sandown, Sandton, in South Africa.

Terms to clarify Safe rental or service fees, collection schedules and the timing of crediting are not published and depend on the agreement with each client.