Solutions for Speedy Cash Transactions
Bars and nightclubs across the U.S. represent sociable environments for patrons. With almost 1 million establishments across the country, managers and owners face the daunting task of operating these environments efficiently. Providing exceptional service, experience, and safety for customers as well as abiding by federal and state laws, codes and ordinances are just a few things owners must consider. Cash handling issues or the lack there-of smooth, secure transactions create additional pressure for owners.
The average bar and nightclub generates $200,000 annually, with unspecified amounts in cash. Over 20 million American adults frequent bars and nightclubs, averaging $81 on a night out every weekend across U.S. cities. College students and club-goers spend 23-45% of the cash they withdraw, $60 on average, where they go.
The fast paced nature of these environments makes them financially rewarding and advantageous to owners, if operated right. Securely capturing each transaction and storing bills and coins is a major cash management problem, compounded by theft among employees and mismanagement of cash bills.
Bar and nightclubs require high capacity tills to accommodate a large volume of cash transactions. APG Cash Drawer has POS solutions to resolve all cash management issues regardless of the size or scope.