Sunday February 16, 2020

In-store banking technology helps retailers boost liquidity

31st March, 2019
Alan Condron and Aidan Comerford, co-founders, Premium Cash Solutions Pic: Andres Poveda

Cash automation company Premium Cash Solutions (PCS) is piloting new in-store processing technology that could allow retailers to bank and use cash on their premises, boosting liquidity.

PCS was established in Dublin in 2013, by accountant Aidan Comerford and engineer Alan Condron, to sell cash handling and management equipment by Swedish manufacturer Gunnebo in the Irish market.

Comerford and Condron completed their first installation three years ago, having secured backing from state agency Enterprise Ireland. The...

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