Deloittes develops plan to fix Armaguard’s cash-in-transit pricing model and keep cash flowing around Australia

A major review proposed a new pricing model to save Armuard’s transportation services and to move the money in Australia.

Last year, Armuard received a $ 50 million rescue from the four largest banks of Australia – Anz, Commonwealth Bank, Nab and Westpac – and Wesfarmers, Coles, Woolworths and Australia.

Australia’s single transportation cash service fought to survive after choosing to use digital payments as cash to see Armguard’s income drop.

Deloitte Access Economics provided the latest independent pricing mechanism report to its large banks and retailers of Armuard and Australia.

An Deloitte spokesman said that even if people use less, it is an important milestone to keep cash around Australia.

“(CT), especially in regional and remote areas, will support the continuous financial applicability of cash distribution throughout Australia,” he said.

“All parties worked with goodwill to obtain this milestone and will continue to work together to ensure the sustainability of transit cash services.”