How to ‘Green’ the Cash Cycle

Jens Eberhardt, Managing Director of Cashinfrapro, has written a paper – ‘Green Cash Logistics’ – which considers how modern ways of working can reduce the environmental impact of the cash cycle. This article, which appeared in sister publication Cash & Payment News™, is a summary of the paper.

The cash cycle involves a wide range of participants and few of the benefits outlined are achievable by actions taken in isolation. The paper argues, therefore, for end-to-end change enabled by central banks through regulation, and for cash customers to work with cash providers to ensure the full benefits of change can be achieved.

Cash recycling

If cash recycling technology was introduced at bank branches and ATMs and combined with cash forecasting and dynamic route optimisation software, it would be possible to reduce the stop frequency and the distance between stops for cash in transit (CIT) vehicles and the inventory at each point where the cash is held. Direct cash exchange between places which hold and need cash would increase this even further.