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MAHWELERENG – Mahwelereng shopping mall will be one of several malls in South Africa that will be safer this shopping season with the installation of a Shopping Mall cash recycling system (SMCR) that ensures cash is not moved on the shopping centre floor but via hidden airtubes.
The SMCR solution, developed by cash services and solutions company SBV Services, reduces stockholding of cash and valuables on site and ensures that money is moved in an undetectable way. Most shop owners are at highest risk during the movement of cash and valuables into and out of their premises. The SMCR process, which is made up of a system of air tubes to a secure vault, makes it almost impossible for criminals to work out how and when cash is being moved, and enables businesses and banks to minimise stockholding on site in order to reduce losses in case of robbery. At the same time, they have the ability to easily access cash if they require more.
There are currently six malls and business districts that have implemented this system including the Greenstone Mall, Cradlestone Mall, Eastgate Shopping Centre, Secunda Mall, Mahwelereng and The Pavilion with more on the cards to be installed within the next 18 months.
Once the system becomes standard, and criminals realise that the secure manner in which cash and valuables are moved at centres is making attacks more difficult, robberies will decrease.
SBV Services is a proud partner to the banking industry and is equally owned by ABSA Bank Limited, FirstRand Bank Limited, The Standard Bank of SA Limited and Nedbank Limited.
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