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Clip Money Announces Rapid Customer Adoption of its Cash and Change Delivery Service

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Clip Money reports significant adoption of its ClipChange cash and change delivery service, delivering over 3,000 change orders valued at more than $1 million USD since its launch earlier this year. The service is currently utilized by more than 650 stores across retail and hospitality segments.

ClipChange is an insured delivery service that modernizes cash management processes, building upon Clip's existing ClipDrop and ClipATM services. The platform allows businesses to order pre-packaged coins and banknotes with tracking capabilities, eliminating the need for branch visits and armored carriers. Through the Clip Money Cashboard, businesses can track orders and manage cash status efficiently.

Notable clients using Clip Money's services include Lids, Miss A, Torrid, and International Restaurant Management Group.

Clip Money segnala una significativa adozione del suo servizio di consegna di denaro contante e resto, ClipChange, con oltre 3.000 ordini di resto consegnati per un valore superiore a 1 milione di dollari USA dal suo lancio all'inizio di quest'anno. Il servizio è attualmente utilizzato da più di 650 negozi nei settori retail e della ristorazione.

ClipChange è un servizio di consegna assicurata che modernizza i processi di gestione del denaro contante, ampliando i servizi esistenti di Clip come ClipDrop e ClipATM. La piattaforma consente alle aziende di ordinare monete e banconote preconfezionate con funzionalità di tracciamento, eliminando la necessità di visite presso le filiali e il ricorso a corrieri blindati. Attraverso il Cashboard di Clip Money, le aziende possono monitorare gli ordini e gestire lo stato del denaro in modo efficiente.

I clienti di spicco che utilizzano i servizi di Clip Money includono Lids, Miss A, Torrid e International Restaurant Management Group.

Clip Money informa sobre la adopción significativa de su servicio de entrega de efectivo y cambio, ClipChange, con más de 3,000 pedidos de cambio por un valor superior a 1 millón de dólares estadounidenses desde su lanzamiento a principios de este año. Actualmente, el servicio es utilizado por más de 650 tiendas en los segmentos de retail y hospitalidad.

ClipChange es un servicio de entrega asegurada que moderniza los procesos de gestión de efectivo, construyendo sobre los servicios existentes de Clip como ClipDrop y ClipATM. La plataforma permite a las empresas ordenar monedas y billetes preenvueltos con capacidades de seguimiento, eliminando la necesidad de visitar sucursales y utilizar transportistas blindados. A través del Cashboard de Clip Money, las empresas pueden rastrear pedidos y gestionar el estado del efectivo de manera eficiente.

Los clientes notables que utilizan los servicios de Clip Money incluyen Lids, Miss A, Torrid y International Restaurant Management Group.

Clip Money는 올해 초 출시된 ClipChange 현금 및 잔돈 배송 서비스의 상당한 채택을 보고하며, 3,000건 이상의 잔돈 주문을 전달하여 100만 달러 이상의 가치를 기록했습니다. 이 서비스는 현재 650개 이상의 매장에서 소매 및 호스피탈리티 분야에서 사용되고 있습니다.

ClipChange는 현금 관리 프로세스를 현대화하는 보험이 적용된 배송 서비스로, Clip의 기존 ClipDropClipATM 서비스를 기반으로 합니다. 이 플랫폼은 기업이 추적 기능이 있는 포장된 동전과 지폐를 주문할 수 있게 해주며, 은행 지점 방문 및 경비기사를 이용할 필요를 없앱니다. Clip Money Cashboard를 통해 기업은 주문을 추적하고 현금 상태를 효율적으로 관리할 수 있습니다.

Clip Money의 서비스를 사용하는 주요 고객에는 Lids, Miss A, TorridInternational Restaurant Management Group가 포함됩니다.

Clip Money fait état d'une adoption significative de son service de livraison de espèces et de monnaie ClipChange, ayant livré plus de 3 000 commandes de monnaie d'une valeur de plus de 1 million de dollars américains depuis son lancement au début de cette année. Le service est actuellement utilisé par plus de 650 magasins dans le secteur de la vente au détail et de l'hospitalité.

ClipChange est un service de livraison assuré qui modernise les processus de gestion de liquidités, s'appuyant sur les services existants ClipDrop et ClipATM. La plateforme permet aux entreprises de commander des pièces et des billets préemballés avec des capacités de suivi, éliminant ainsi le besoin de visites en agence et de transporteurs blindés. Grâce au Cashboard de Clip Money, les entreprises peuvent suivre les commandes et gérer efficacement l'état des liquidités.

Parmi les clients notables utilisant les services de Clip Money, on trouve Lids, Miss A, Torrid et International Restaurant Management Group.

Clip Money berichtet von einer signifikanten Akzeptanz seines Bargeld- und Wechselgeldlieferdienstes ClipChange, der seit seiner Einführung zu Beginn dieses Jahres über 3.000 Wechselgeldbestellungen mit einem Wert von mehr als 1 Million USD geliefert hat. Der Service wird derzeit von mehr als 650 Geschäften im Einzelhandel und Gastgewerbe genutzt.

ClipChange ist ein versicherter Lieferdienst, der die Bargeldmanagementprozesse modernisiert und auf den bestehenden Dienstleistungen von Clip wie ClipDrop und ClipATM aufbaut. Die Plattform ermöglicht es Unternehmen, vorverpackte Münzen und Banknoten mit Verfolgungsfunktionen zu bestellen, sodass Besuche in Filialen und die Verwendung von gepanzerten Fahrzeugen entfallen. Über das Clip Money Cashboard können Unternehmen Bestellungen verfolgen und den Bargeldstatus effizient verwalten.

Zu den namhaften Kunden, die die Dienste von Clip Money nutzen, gehören Lids, Miss A, Torrid und International Restaurant Management Group.

Positive
  • Delivered over 3,000 change orders worth $1M+ USD
  • Rapid adoption with 650+ stores currently using the service
  • Expanding service portfolio with addition of ClipChange to existing ClipDrop and ClipATM services
  • Notable client base including major retail chains
Negative
  • None.

With Strong Demand for Modern Cash Management, Clip Money Delivers Thousands of Change Orders for Retailers and Restaurants

ATLANTA, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Clip Money, Inc. (“Clip”) (TSXV:CLIP) (OTCQB:CLPMF), North America’s only non-bank shared cash deposit network for businesses, today announced the accelerated adoption of its insured cash change order delivery service, ClipChange.

Since the launch of ClipChange earlier this year, a portion of Clip Money’s existing customer base has adopted the service. The company has already delivered more than 3,000 change orders with a value greater than $1 million USD, for its customers across retail and hospitality segments. ClipChange is currently being used by more than 650 stores.

“The speed at which our customers have adopted our change delivery service is strong validation that our modern approach to business cash management is providing significant value,” said Brian Bailey, President of Clip Money. “ClipChange is extremely convenient and the first solution to give businesses visibility into and control over their change order process. With ClipChange, managers can create greater efficiency while keeping employees on-site and focused on their top priorities like supporting customers in-store.”

ClipChange is an insured change order delivery service that modernizes antiquated cash management processes that businesses have had to rely on for decades. The service builds on Clip Money's flagship cash deposit services, ClipDrop and ClipATM, and allows businesses to select from pre-packaged values of coins and banknotes and track packages through insured delivery.

The coin and banknote delivery service further eliminates the need for branch visits and armored carriers, as change orders are delivered in-store, keeping employees on-site servicing customers. Ordering and enhanced tracking is available in the Clip Money Cashboard, providing complete visibility into cash status. With a full view, businesses can create more effective plans that improve team member productivity, increase overall efficiency, and reduce change fees.

Clip Money is committed to simplifying and streamlining the cash management process for businesses of all sizes. Combining advanced technology combined with its innovative shared network, Clip Money creates significant value for businesses, banks, and financial institutions. Clip Money is driving convenience, transparency, and efficiency for businesses nationwide including Lids, Miss A, Torrid, and International Restaurant Management Group (IRMG).

About Clip Money Inc.
Clip Money operates the industry’s only multi-bank, self-service cash deposit system for businesses. A modern alternative to dedicated bank branch deposits and hired armored carrier services, Clip Money allows businesses to quickly and easily deposit cash at any ClipDrop box or Clip-enabled ATM, conveniently located at top retailers and shopping malls. Deposited funds are automatically credited to the business’ bank account. The company combines functional hardware, an intuitive mobile app, and an innovative cloud-based transaction engine that maximizes business banking transactions. The company also delivers fully insured mobile change orders. Clip Money offers a unique cost-effective, time saving, and convenient solution for business banking deposits across Canada and the United States. For more information, visit www.clipmoney.com, and for a full list of locations, visit https://clipmoney.com/locations.

Media contact:
Christy Kemp
Angle42 for Clip Money
christykemp@angle42.co


FAQ

How many change orders has Clip Money (CLPMF) processed through ClipChange service?

Clip Money has processed over 3,000 change orders with a total value exceeding $1 million USD since launching ClipChange earlier this year.

How many stores are currently using Clip Money's ClipChange service?

More than 650 stores across retail and hospitality segments are currently using the ClipChange service.

What major retailers are using Clip Money's (CLPMF) services?

Notable retailers using Clip Money's services include Lids, Miss A, Torrid, and International Restaurant Management Group (IRMG).

What services does Clip Money (CLPMF) offer for cash management?

Clip Money offers ClipChange for cash and change delivery, ClipDrop and ClipATM for cash deposits, all managed through their Clip Money Cashboard platform.

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