CashWorld Automation is a company developing automated cash management solutions for the retail industry. Thier flagship product is the Drawer-less POS™, an intelligent smart safe for the front counter that replaces the mechanical cash drawer. It functions to count and verify cash, generates detailed financial reports and reduces losses due to the counterfeit currency and employee fraud. They have since improved this model be enabling acceptance of multiple currencies in bulk, whereby all foreign currency is automatically converted to native currency via real-time forex rate. This allows the Drawer-less POS to function as a currency exchange hotspot, eliminating the need to seek out traditional currency exchange vendors. Their overall objective in developing these solutions is to optimize cash management to improve their customers’ bottom line.
CashWorld Automation is a client of JumpStart’s Burton D. Morgan Mentoring Program.