Jakarta – Indonesia remains a country with a high circulation of cash, especially in business sectors such as retail, fashion, food and beverages (FnB), and fuel (BBM). Although non-cash payment trends are increasing, cash transactions remain the primary choice for a portion of the population. This high circulation of cash still poses various security risks, ranging from theft to human error.
To anticipate these risks, PT. Nawakara Arta Kencana (NAK) offers a solution for secure cash transaction management through the Cash Retail Deposit Machine (CRDM). This machine is specifically designed to ensure the security of cash deposits while simplifying cash management for business owners.
NAK’s CEO, Iman Sujudi, noted that many business owners in retail and other sectors still accept cash payments. Storing cash overnight and depositing it at the bank the next day poses significant risks, especially when dealing with large amounts.
“To minimize these risks, the use of CRDM allows business owners to save time and secure cash deposits, enabling users to make direct deposits. This initiative also supports the government’s financial digitalization program, making the cash deposit process faster and safer without relying on extra labor or transportation to the bank,” he said during an interview at Nawakara’s Head Office.
The working principle of the CRDM is similar to a deposit machine. However, this machine is exclusive as it is placed in stores or retail clients’ locations and can only be accessed by the Person in Charge (PIC) designated by the company using the CRDM service. Thus, the PIC can make deposits or transactions at any time.
To ensure cash security, NAK provides the following tips for using CRDM:
1. Direct Cash Deposits into Bank Accounts
Security during cash storage remains a major issue for business owners. Criminal risks such as robbery, theft, missing money, and discrepancies in cash counts are common security concerns.
With CRDM, cash received from customers can be directly deposited into the bank account in real-time without waiting for the bank’s operating hours. NAK’s CRDM accepts Indonesian rupiah denominations ranging from IDR 1,000 to IDR 100,000, making it accessible to all economic layers. This reduces the risk of storing cash at business premises, which are vulnerable to theft.
2. Real-Time Transaction Monitoring
The CRDM operates by integrating networks through an API (Application Programming Interface) that can connect to banking systems and payment service providers (PJP). This ensures that the money deposited into the CRDM is instantly credited in real-time to the client’s account.
The machine also comes with a dashboard that allows business owners to monitor every transaction live. Each deposit is recorded and can be accessed anytime, providing full transparency and control over business finances.
3. Multi-Layered Security System
CRDM’s security technology can automatically detect counterfeit and damaged banknotes, reducing the risk of accepting fake currency and ensuring that every deposited bill is valid and meets standards.
NAK also offers a Mobile CRDM service, where a specialized fleet visits retail stores to secure cash deposits. This service is accompanied by police escorts and equipped with security systems like CCTV, making it an ideal solution for businesses needing extra protection.
“Cash transaction security is a top priority in running a retail business. With CRDM, we ensure that every cash deposit can be made quickly, securely, and monitored in real-time. This is not just about protecting money, but also providing peace of mind and efficiency for business owners facing security risks in this digital era,” concluded Iman.
