Cash Drawer is a section under the Cash Register or Point of Sales Device (POS) that holds credit card receipts, cash from transactions, and other paperwork. The Drawer has a detachable Cash Tray used for storing cash and is popularly used in retail activities, especially in the POS system.
There are several benefits that retail businesses may gain from implementing Cash Drawer into transactions, such as:
- Managing cash flow: Retailers with a high-volume sales system can integrate cash drawers to track the amount of money in every single real-time transaction.
- Reducing risks of money fraud: Since the cash drawers will only open for business purposes, no one can easily break into them.
- Increasing cash accountability: If Cashiers open cash drawers without reasonable purposes, the system will immediately notice and report on it.
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