cash handling
Processing physical currency
Cash handling refers to the procedures and practices involved in receiving, counting, storing, and disbursing physical currency.
The term appears most often in retail, banking, and business contexts where employees regularly deal with money: The position requires experience in cash handling.
Good cash handling includes accurate counting, secure storage, proper documentation, and loss prevention measures.
- currencyMedium of exchange
- denominationsNamed values or faiths
- paymentFulfilling a financial obligation
- transactionExchange of goods/money
- financial auditsFormal examination of accounts
inventory management · risk assessment · surveillance systems · access controls · drop safe · fraud prevention · digital wallets · skim · internal controls · till · ethical guidelines · age verification · coins · consumer protection laws · barcode scanners · customer service · bank run · counting
- bank tellercustomer service, deposits, withdrawals, check cashing, account balance
- bankingbank, banks, ATM, ATMs, account
- cashbills, banknotes, greenbacks, paper money, legal tender
- checkoutregister, checkout, cashier, checkout lane, checkout counter
- retailretail sales, Amazon, marketplace, clearance, sale
- financebank, CFO, banks, controller, finance
cash handlingdigital payments
Transactions made electronically
electronic transactions · electronic payments · contactless payment · mobile payments · contactless payments
cash handlingself-checkout
Customer-operated payment kiosk
self-service kiosks · automated teller machines · algorithmic trading · smart contracts · recurring payments