Gitnux/Report 2026

Cash Handling Industry Statistics

Sweden’s cash in circulation falls to 45% from 60%—proof cashless momentum keeps accelerating; see what these cash handling stats reveal.
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November 11, 2026Updated
Cash Handling Industry Statistics
Aisha OkonkwoWritten by Aisha Okonkwo·Edited by Catherine Wu·Fact-checked by Sarah Mitchell
Published ·Updated
How this report is researched
01Editorial Scope

An editor sets the topic, the inclusion criteria, and the evaluation framework before research starts.

02Source Research

AI search agents locate sources and extract each figure together with the document it came from.

Read our full methodology →

Search agents attach provenance to every extracted figure.

Next review: within 31 days

01 Industry overview

The cash handling industry at a glance

The global cash-management-system market was valued at $19.8 billion in 2025, while physical cash remains operationally significant, with 56.6 billion U.S. notes in circulation at year-end 2025.

$19.8B[75]
Global market size, 2025
13.5%[75]
Forecast CAGR, 2026–2033
56.6B[76]
U.S. notes in circulation, 2025
72%[28]
Brink’s cash-services revenue share, 2025
Market size
The global cash-management-system market was valued at $19.8 billion in 2025. Brink’s, one of the largest listed cash-handling providers, reported $5.26 billion in total revenue and approximately $3.8 billion in Cash and Valuables Management revenue in 2025.[75][28]
Forecast & CAGR
Grand View Research forecasts the cash-management-system market to reach $54.3 billion by 2033 from $22.4 billion in 2026, implying a 13.5% CAGR from 2026 to 2033. The forecast reflects growth in automated cash processing, software, smart safes, and integrated retail cash controls.[75]
Market share & regions
Brink’s 2025 revenue was distributed across North America at $1.743 billion, Europe at $1.430 billion, Latin America at $1.290 billion, and the rest of the world at $800 million. These figures represented 33%, 27%, 25%, and 15% of total company revenue, respectively.[77]
Segmentation
Cash handling spans cash-in-transit and valuables management, ATM managed services, digital retail solutions, cash-processing equipment, cash-management software, vaulting, and secure storage. At Brink’s, Cash and Valuables Management generated 72% of 2025 revenue, while Digital Retail Solutions and ATM Managed Services contributed the remaining 28%.[28][77]
Key players & concentration
The sector includes global cash-in-transit and security providers such as Brink’s, Loomis, and GardaWorld, alongside ATM and cash-technology specialists. Brink’s reported operations in more than 100 countries, approximately 65,000 employees, and about 1,200 locations in 2025, illustrating the scale required for global cash logistics.[77][28]
Pricing
Cash-handling pricing is typically contract-based: Brink’s states that cash-logistics contracts generally run for at least one year and often one to three years, while cash-management, digital-retail, and ATM-managed-services contracts are typically longer. Revenue may be priced per service performed or according to the value of goods transported.[28]
Trends, drivers & challenges
Digital payments continue to displace cash in many transactions, but cash remains important for resilience, budgeting, inclusion, and offline payments. In the euro area, cash represented 39% of payment value in 2024, while U.S. cash use declined from 16% of payments in 2023 to 14% in 2024; operators consequently emphasize automation, ATM services, smart safes, cybersecurity, labor efficiency, and recurring software revenue.[6][76][28]
Consumer behavior & competition
Cash remains widely used even as its transaction share declines: 83% of U.S. adults reported making a cash payment in the past month in the Federal Reserve’s 2024 consumer-payment data. In the euro area, 55% of consumers preferred cards or other cashless payments in shops in 2024, compared with 22% preferring cash, intensifying competition between physical-cash infrastructure and digital-payment alternatives.[76][6]
M&A
The most significant recent transaction is Brink’s announced acquisition of NCR Atleos in February 2026 for approximately $6.6 billion, including $2.2 billion in cash, 13.3 million Brink’s shares, and assumed debt of approximately $2.6 billion. As of September 30, 2026, Brink’s had incurred $57.3 million of transaction costs, and the deal was expected to close in early January 2027 subject to approvals.[26]
Regulation
Regulation increasingly focuses on maintaining access to cash and preserving legal-tender acceptance. In the UK, FCA access-to-cash rules came into force on September 18, 2024 and require designated banks and building societies to assess and address significant local gaps in cash provision; in the euro area, euro banknotes and coins are legal tender and are generally required to be accepted at full face value.[78][79]
Latest news
On November 4, 2026, Brink’s disclosed an updated timeline for its NCR Atleos acquisition, with the transaction expected to close in early January 2027 subject to regulatory approval and other customary conditions. The combination is intended to expand Brink’s ATM Managed Services and Digital Retail Solutions businesses.[26]

02 Ranking

Top 9 Companies in the Cash Handling Industry

The leading companies in the cash handling industry, ranked on market impact, performance, momentum, innovation and brand popularity.

Updated November 11, 2026 · Next review December 11, 2026

Verdict

Giesecke+Devrient and GardaWorld are tied at the top of Gitnux's 2026 cash handling ranking with an Overall score of 9.2 each.

Ranked by Overall score · How we score ↓

Editor's top 3 picks

Where to start, by need.

  1. #1 Overall · Leader in banknote automation systems

    Giesecke+Devrient

    DE

    Ranked #1 · 9.2 · Banknote automation systems

    Why we picked it: They develop and produce currency automation equipment and banknote-processing systems.

    See in ranking ↓Visit gi-de.com ↗

  2. Leader in cash logistics services

    GardaWorld

    CA

    Ranked #2 · 9.2 · Cash logistics services

    Why we picked it: They provide cash logistics and cash services in North America, with identified revenue growth signal.

    See in ranking ↓Visit gardaworld.com ↗

  3. Leader in cash-in-transit networks

    Loomis

    SE

    Ranked #3 · 8.9 · Cash-in-transit networks

    Why we picked it: They operate a cash-management network with 400+ branches and cash management services.

    See in ranking ↓Visit loomis.com ↗

Pick 1 is the #1 company overall. Picks 2 and 3 are the highest-ranked companies in the top 5 that add a new segment.

Full ranking

Sort by
Top 9 companies in the cash handling industry, 2026 – Gitnux ranking
#CompanyOverall ↓Company snapshot
1

Giesecke+Devrient

Banknote automation systems · DE

9.2
2

GardaWorld

Cash logistics services · CA

9.2
3

Loomis

Cash-in-transit networks · SE

8.9
4

GLORY

Cash-handling machinery · JP

8.8
5

Diebold Nixdorf

ATM and cash recycling · US

8.7
6

Azkoyen

Cash-handling machinery · ES

8.2
7

Prosegur Cash

Cash logistics services · ES

8.2
8

Innovative Technology

Banknote automation systems · GB

8.2
9

Cennox

Cash logistics services · GB

7.8

How we score

  • Impact (30%): scale and weight in the market (revenue, market share, employees, market position).
  • Performance (20%): recent revenue growth and operating margin; an analyst assessment where a company does not publish them.
  • Momentum (20%): growth trajectory and future potential.
  • Innovation (15%): R&D intensity and how technologically advanced the company is.

Popularity (brand search demand, 15%) counts toward Overall but is not published as a column. Overall leaves out what is not known.

Scale Scores are shown on a 7–10 scale with one decimal; bars start at 7.0.

Cadence Recalculated when new figures are published; next review December 11, 2026.

Independence. Rankings are editorially independent. Scores, ranks, picks and the verdict follow the method above; no company can pay to change them.

Cite this ranking

APA

Aisha Okonkwo. (2026, February 13). Top 9 companies in the cash handling industry. In Cash Handling Industry Statistics. Gitnux. https://gitnux.org/cash-handling-industry-statistics/#top-companies

report visual · Projection

U.S. currency in circulation, total number of notes as of December 31

U.S. currency in circulation, total number of notes as of December 31 grew from 50.3 billion notes in 2020 to 56.6 billion notes in 2025.

50.3 billion notes
Start
+2.39%
CAGR · 5y
56.6 billion notes
Projected
20202025
source-verifiedfederalreserve.gov2025

04 Statistics

Technology & Innovation

AI is moving into reporting, decision-making, document ingestion, billing, and fraud monitoring, with more than half of U.S. respondents citing use or development in 2024.

AI in the cash handling industry

  • AI is being used or developed for reporting, decision-making, document ingestion, billing and fraud monitoring by more than half of U.S. cash-management survey respondents in 2024.[1]
  • More than 65,000 J.P. Morgan Commercial & Investment Bank colleagues actively used the firm’s generative-AI LLM Suite in 2025, including teams serving corporate cash-management clients.[2]
  • AI-enabled route optimisation, predictive fleet maintenance, fraud detection and shrinkage detection are deployed across CMS Info Systems’ cash-handling operations in India in 2025–26.[3]

Automation in the cash handling industry

  • The North American, European and Latin American cash-management-solutions market was estimated at US$80 billion in 2025, with growth driven largely by intelligent devices and cash-automation solutions.[4]
  • Cash-management solutions in GardaWorld’s three core regions grew 7% between 2022 and 2025, driven partly by adoption of intelligent devices and cash automation.[4]
  • Cash automation reduced cash discrepancies, security concerns, management costs and data-security concerns according to PayComplete’s 2024 research, reported at 34%, 31%, 27% and 24%, respectively.[5]
  • 38% of euro-area companies accepting cash had automated cash registers at payment points in 2026.[6]
  • 37% of euro-area companies accepting cash had smart safes that automatically count, validate and monitor deposits in 2026.[6]

Digital Transformation in the financial services sector (sector benchmark)

  • 27% of financial services firms reported financial benefits from AI in 2026, up from 14% in 2025.[7]
  • 43% of financial services firms said they will need an entirely new technology stack to succeed in the age of AI.[7]
  • 84% of financial services firms said integrating front-, middle- and back-office systems into one platform is important in 2026.[7]
  • 80% of financial services firms reported active AI use in 2026, up from 31% in 2025.[7]
  • 26% of financial services firms reported using agentic AI in 2026, according to a global digital-transformation study.[7]

Technology Adoption in the financial services sector (sector benchmark)

  • 35% of financial institutions adopted or improved generative-AI capabilities during the 12 months covered by the 2024 survey.[8]
  • 61% of financial institutions recently adopted AI or improved their AI capabilities, based on a 2024 survey across 11 markets.[8]
  • 54% of surveyed financial services companies had deployed AI initiatives by January 2025, up from 40% one year earlier.[9]
  • 59% of finance leaders reported using AI in their finance function in 2025, according to Gartner’s survey of 183 senior finance leaders.[10]
  • About one-third of financial services companies reported using generative AI by January 2025, compared with 21% a year earlier.[9]

Cloud Computing in the financial services sector (sector benchmark)

  • 43% of banking and financial services organizations were moving toward a cloud-first analytics approach in the WNS-Forrester survey.[11]
  • 91% of financial organizations had at least one cloud platform in 2023, up from 37% in 2020.[12]
  • 82% of financial services firms used a hybrid- or multi-cloud strategy in LSEG’s 2025 global survey.[13]
  • 87% of financial services firms increased cloud investment during the two years preceding LSEG’s 2025 global survey.[13]
  • 33% of financial services firms were highly satisfied with cloud-related reductions in operational costs in Capgemini’s 2024 survey.[12]

Big Data in the financial services sector (sector benchmark)

  • 41% of surveyed bank marketers said their bank was already using data analytics to make decisions and achieve goals in 2024.[14]
  • 18% of finance firms adopted big-data analytics in the OECD’s cross-country comparison; the European data refer to 2019.[15]
  • 11% of surveyed bank marketers were very confident in the accuracy of the data they regularly used in 2024.[14]
  • 43% of financial services firms had adopted customer-data platforms at least partially or were scaling them, based on Capgemini’s 2024 survey.[12]
  • 37% of surveyed bank marketers said their bank was on the way to using data and analytics to support strategic goals in 2024.[14]

IoT in the financial services sector (sector benchmark)

  • 91% of financial-services enterprises across all surveyed countries were using IoT in 2024, including advanced, moderate or limited use.[16]
  • 32.8% of respondents across all industries reported adopting IoT technologies, compared with 19.3% among financial services and insurance respondents.[17]

05 Statistics

Data & Analytics

Data governance and semantic layers are emphasized alongside device-level transaction data; Nayax reported 2.873 billion transactions processed in 2025.

Business intelligence in the cash handling industry

  • 14% of surveyed cash-handling businesses planned trend-analysis capabilities to prioritize business-rule improvements in 2016.[18]
  • 13% of surveyed cash-handling businesses identified inability to track cash flow between point of sale and safe as a serious issue in 2016.[18]
  • 5% of surveyed cash-handling businesses planned a cloud-based central repository for cash-handling information in 2016.[18]
  • 14% of surveyed cash-handling businesses planned expanded use of centralized information across operations, finance, loss prevention and human resources in 2016.[18]
  • 10% of surveyed cash-handling businesses identified inability to transfer data between safe and back-office systems as a serious issue in 2016.[18]
  • 37% of surveyed cash-handling businesses planned proactive alerting of out-of-compliance cash-handling behavior within the following 12 months in 2016.[18]

Data analytics in the cash handling industry

  • 2.873 billion transactions were processed by Nayax in 2025, providing the company’s connected payment platform with transaction-level data.[19]
  • $6.449 billion was Nayax’s total transaction value in 2025 across its connected payment network.[19]
  • 1.463 million managed and connected devices generated payment and transaction data for Nayax in 2025.[19]
  • $239 was Nayax’s average revenue per connected device in 2025, calculated from recurring revenue over a trailing 12-month period.[19]

Data Quality in the financial services sector (sector benchmark)

  • Across U.S. banking and capital markets, 94% of respondents named data accuracy and reliability as a priority in 2024.[20]
  • Across banks supervised by the European Central Bank, 28% reported that all data used by critical functions came from golden sources in 2023.[21]
  • Across global financial services, 34% of organizations rated their data excellent for accuracy and integrity in 2024.[22]
  • Across significant European banking institutions, 32% did not apply data-quality-management principles to end-user computing in 2023.[21]
  • Across U.S. banking and capital markets, 86% of respondents named data access and usability as a top concern in 2024.[20]
  • Across global financial services, 36% of organizations rated their data excellent for quantity and completeness in 2024.[22]

Data Governance in the financial services sector (sector benchmark)

  • Across financial-services organizations surveyed globally, 57.1% identified BI-content testing as the top future investment in analytics governance in 2025.[23]
  • Across global financial services, 54% of companies rated data governance at one of the two highest maturity levels in 2024.[24]
  • Across financial-services organizations surveyed globally, 82.9% had implemented governance policies specifically applying to business intelligence and analytics in 2025.[23]
  • Across financial-services organizations surveyed globally, 43.7% lacked a standardized certification process for analytics content in 2025.[23]
  • Across 35 surveyed banks, insurers, and financial-services firms in 38 countries, 54% had adopted a semantic layer for organization-wide data governance in 2025.[25]

KPIs in the cash handling industry

  • 2.70% was Nayax’s payment take rate in 2025.[19]
  • 31.6% was Brink’s AMS and DRS revenue as a share of total revenue in the company’s 2026 target mix.[26]
  • 120% was Nayax’s dollar-based net-retention rate in 2025.[19]
  • 11.0% was Nayax’s year-over-year increase in average revenue per connected device in 2025.[19]
  • 2.8% was Nayax’s customer churn rate in 2025.[19]
  • 20.5% was Nayax’s year-over-year customer-base growth in 2025, reaching approximately 115,000 customers.[19]

06 Statistics

Strategy & Growth

Contracted recurring revenue and service-line mix show up in targets and achieved growth; Brink’s cash and valuables management generated 72% of 2025 revenue.

Growth in the cash handling industry

  • 2 primary Loomis growth priorities are partnerships with established customers and expansion among small and medium-sized enterprises.[27]
  • $436 million of free cash flow was generated by Brink’s in 2025.[28]
  • 14% higher revenue per vehicle was achieved by Brink’s in North America in 2025 through route optimization.[28]
  • 27–28% was Brink’s targeted AMS and DRS share of total revenue in its 2025 growth strategy.[28]
  • 22% fourth-quarter organic growth was achieved by Brink’s AMS and DRS businesses in 2025.[28]
  • 6% currency-adjusted growth was reported by Loomis for 2025.[27]

Differentiation in the cash handling industry

  • 33% of Loomis revenue came from Cash in Transit in 2025.[27]
  • $3.8 billion was Brink’s 2025 revenue from Cash and Valuables Management.[28]
  • 28% of Brink’s total revenue came from Digital Retail Solutions and ATM Managed Services in 2025.[28]
  • 7% of Loomis revenue came from International services in 2025.[27]
  • 72% of Brink’s total revenue came from Cash and Valuables Management services in 2025.[28]
  • 20% of Loomis revenue came from ATM services in 2025.[27]

Mergers and acquisitions in the cash handling industry

  • $39 million was spent by Brink’s on acquiring new business operations during 2023–2025.[28]
  • 3 strategic service lines were included in Brink’s proposed combination with NCR Atleos: cash and valuables management, digital retail solutions and ATM managed services.[28]
  • 1 active acquisition strategy was identified by Loomis as necessary in an industry marked by consolidation and digitalization.[27]
  • $200 million in pretax annual run-rate synergies was projected for Brink’s proposed NCR Atleos combination.[28]
  • 140+ countries would comprise the combined Brink’s and NCR Atleos geographic footprint.[28]

Strategic partnerships in the cash handling industry

  • 250 customers used Fifth Third’s DTS Connex cash-management platform in 2025.[28]
  • 1 strategic combination with NCR Atleos was announced by Brink’s to broaden cash infrastructure and ATM capabilities.[28]
  • 1 bank sales force was used as an additional distribution route for Fifth Third’s DTS Connex platform in 2025.[28]
  • 2 partnership-led growth areas were emphasized by Loomis: established customers and small and medium-sized enterprises.[27]

07 Statistics

People & Workforce

Workforce churn and training volume are measured alongside remote/hybrid adoption; Loomis reported 9,373 employees left in 2024.

Employee retention in the cash handling industry

  • 32% was Loomis’s employee-turnover rate in 2024, when 9,373 employees left the company.[27]
  • 46.26% was Prosegur’s staff-turnover rate in 2024, representing 79,062 employees who left during the year.[29]

Remote Work in the financial services sector (sector benchmark)

  • Across U.S. financial services, 82% of companies offered some form of work-location flexibility in 2025.[30]
  • 68% of U.S. financial services workers said they would consider seeking new employment if remote and hybrid flexibility were reduced in 2023.[31]
  • 87% of U.S. financial services employees said remote work helped them balance home and work responsibilities in 2025.[24]
  • 52.5% of workers in U.S. financial activities teleworked in June 2026, according to the Bureau of Labor Statistics.[32]

Hybrid Work in the financial services sector (sector benchmark)

  • 42.2% of remotely workable finance and insurance jobs were hybrid in July 2025 in the United States.[30]
  • 28.7% of U.S. finance and insurance workers were in hybrid work arrangements as of September 24, 2024.[33]
  • 82% of U.S. financial services firms offered some form of work-location flexibility in July 2025.[30]
  • 52% of financial services companies used a structured hybrid model in 2024, up from 41% in 2023, according to a survey of 777 companies.[34]
  • 39% of financial services companies offered corporate employees full flexibility over work location in 2024.[34]

Upskilling in the cash handling industry

  • Prosegur’s corporate university delivered training online in four languages in 2023, supporting continuous and specialized skills development.[29]
  • Prosegur had operated its National Training Centre for almost 40 years by 2025, with training pathways tailored to different employee groups.[29]
  • Prosegur delivered almost 2.5 million employee-training hours in 2023, averaging 16 hours per employee across its international workforce.[29]

Employee Engagement in the financial services sector (sector benchmark)

  • 12% of employees in Europe were engaged at work in 2025.[35]
  • 31% of employees in the United States and Canada were engaged at work in 2025.[35]
  • 20% of employees worldwide were engaged at work in 2025, according to Gallup’s World Poll.[35]
  • 16% of employees worldwide were actively disengaged at work in 2025.[35]

DEI in the cash handling industry

  • Loomis employed 7,091 women and 17,647 men globally in 2024, for a total reported workforce of 24,738.[27]
  • Loomis had 10,197 employees in the United States and 14,541 in Europe and Latin America in 2024.[27]
  • 18% of Loomis employees were under age 30, 50% were aged 30–50 and 32% were over 50 in 2024.[27]
  • 1.1% of Brink’s Canada employees self-identified as having a disability at the end of 2022.[36]
  • Prosegur employed 175,000 people across 34 countries and five continents according to its workforce description published in 2025.[29]

Change Management in the financial services sector (sector benchmark)

  • 45% of banks reported issues resourcing change agents and stream leads for transformation workstreams in 2025.[37]
  • 49% of financial institutions cited continuous learning and development as a way to prepare for technological change in 2024.[8]
  • 64% of financial services leaders acknowledged the need for complete organizational transformation in 2024.[38]
  • 53% of banks identified a significant change portfolio requiring prioritization and coordination over the next two years in 2025.[37]
  • 60% of financial services executives planned to invest in new technologies as a strategic business change over the next 12–18 months in 2024.[39]

08 Statistics

Customer & Sales

Recommendation outcomes track relationship quality and payment execution in 2026 surveys, and year-over-year fee-equivalent growth appears in U.S. cash-management services.

Customer experience in the cash handling industry

  • 24% of 292 U.S. large-company respondents identified digital platforms and channels as a main challenge when dealing with cash-management providers in 2021.[40]
  • Businesses using instant payments reported 10% greater satisfaction with their primary financial institution than businesses not using instant payments in a 2024 U.S. business survey published in 2025.[41]
  • 35% of 292 U.S. large-company respondents identified KYC and compliance requirements as a main challenge when dealing with cash-management providers in 2021.[40]
  • 0.74 was the correlation between trusted-partner status and recommendation scores for cash-management providers in the 2026 global survey.[42]
  • 62% of the variation in cash-management provider recommendation scores was explained by relationship quality, payment execution, proactive teams, digital user experience, liquidity management and client-service-manager performance in the 2026 global survey.[42]

Customer retention in the cash handling industry

  • 13 of 14 surveyed U.S. cash-management product lines recorded year-over-year growth in EY’s 2024 Cash Management Services Survey.[1]
  • 7.0% was year-over-year fee-equivalent revenue growth in U.S. cash-management services in EY’s 2024 survey, indicating continued expansion of provider relationships.[1]
  • Up to 20% of companies switched banks each year for operational deposits, according to McKinsey’s 2025 Corporate and Commercial Deposits Survey.[43]

Customer loyalty in the cash handling industry

  • 0.71 was the correlation between understanding a client’s business and trusted-partner recommendation outcomes for cash-management providers in the 2026 global survey.[42]
  • 0.74 was the correlation between trusted-partner status and recommendation scores among cash-management providers in Euromoney’s 2026 global survey.[42]

Lead generation in the cash handling industry

  • 1.4 million-plus impressions were generated by a 17-month G4S CASH and Global lead-generation campaign across APAC, LATAM and Africa.[44]
  • 6.6% was the average form-completion rate for G4S CASH and Global campaign activity over 17 months.[44]
  • 281 marketing-qualified leads were generated for G4S CASH and Global segments over a 17-month campaign using LinkedIn advertising and email campaigns in APAC, LATAM and Africa.[44]
  • 20.9% was the average email-campaign open rate for G4S CASH and Global marketing activity over 17 months.[44]

09 Statistics

Marketing & Brand

Lead-generation performance is quantified for cash-management marketing campaigns, including 281 marketing-qualified leads over 17 months.

Marketing in the cash handling industry

  • 13 of 14 cash-management product lines grew year over year in the 2024 U.S. survey of institutions marketing treasury services to wholesale customers.[1]
  • 7.0% was year-over-year fee-equivalent revenue growth reported in EY’s 2024 U.S. Cash Management Services Survey, which covers financial institutions actively marketing treasury services to wholesale customers.[1]
  • 1.4 million-plus impressions were produced by G4S CASH and Global campaign activity over 17 months.[44]
  • 281 marketing-qualified leads were delivered for G4S CASH and Global segments through a 17-month, three-language campaign using LinkedIn advertising and email.[44]
  • 3 languages were used in a 17-month G4S CASH and Global marketing campaign targeting prospects in APAC, LATAM and Africa.[44]

Digital marketing in the cash handling industry

  • 6.6% was the average lead-generation form-completion rate for G4S CASH and Global digital marketing activity over 17 months.[44]
  • 1.4 million-plus impressions were generated by G4S CASH and Global digital campaign activity across APAC, LATAM and Africa over 17 months.[44]
  • 20.9% was the average email open rate for G4S CASH and Global digital marketing campaigns over 17 months.[44]
  • 281 marketing-qualified leads were generated through LinkedIn advertising and email campaigns for G4S CASH and Global segments over 17 months in APAC, LATAM and Africa.[44]

Social media in the cash handling industry

  • 1.4 million-plus impressions were generated by G4S CASH and Global campaigns that included LinkedIn advertising across APAC, LATAM and Africa over 17 months.[44]
  • 281 marketing-qualified leads were generated for G4S CASH and Global segments through campaigns that included LinkedIn advertising over 17 months in APAC, LATAM and Africa.[44]

Influencer Marketing in the financial services sector (sector benchmark)

  • 60% of financial-services marketers reported dedicated and growing budgets for creator or influencer marketing in 2026.[45]
  • 23% of financial-services marketers reported dedicated but flat budgets for creator or influencer marketing in 2026.[45]
  • 5% of financial-services marketers reported dedicated but shrinking budgets for creator or influencer marketing in 2026.[45]
  • 7% of financial-services marketers reported folding creator or influencer marketing into other channels rather than maintaining a dedicated budget in 2026.[45]
  • 37% of banking executives in a survey of 102 finance respondents recognized influencer marketing as a potent tool for authentic consumer connections in 2023.[46]

10 Statistics

Operations & Execution

Operational selection criteria are quantified through ROI, safety, and compatibility results, while optimization programs report measurable time savings.

Process optimization in the cash handling industry

  • 41% of deposit-accepting ATMs in a North American simulation were identified as suitable candidates for cash recycling.[47]
  • 9% time savings resulted from Loomis USA optimization programs in day-to-day cash-handling operations in the United States in 2024.[48]
  • 75% of retailers using smart safes reported that the technology met their return-on-investment expectations in a U.S. survey.[49]
  • 8% less time was required to handle cash under Loomis USA cash-management services after optimization programs in 2024.[48]
  • 3.6 average monthly cash-in-transit stops were projected for recycling ATMs versus 6.0 currently in the North American simulation.[47]

Operational efficiency in the cash handling industry

  • 37.9% of retailers ranked return on investment as the most important factor when selecting new cash-handling technology in a U.S. survey.[49]
  • 41% was the reduction in store cash-handling expenses reported by Casey’s after its smart-safe and store-treasury implementation in the United States.[50]
  • 95% of smart-safe users reported that the systems met their performance expectations in a U.S. retailer survey.[49]
  • 75% reduction in cash-replenishment efforts was cited as achievable through end-to-end cash-process optimization in banking automation operations.[47]
  • 6 hours per store per week were saved after Casey’s General Stores implemented smart safes across its U.S. store network by May 2023.[50]

Quality management in the cash handling industry

  • 24% of surveyed organizations identified data-security concerns as a top issue in cash handling and processing across six countries in 2023.[5]
  • 96.6% of retailers considered return on investment, including cost versus theft reduction, important when selecting cash-management technology in a U.S. survey.[49]
  • 91.4% of retailers considered safety and security important when selecting cash-management technology in a U.S. survey.[49]
  • 82.8% of retailers considered compatibility with existing systems and workflows important when selecting cash-handling technology in a U.S. survey.[49]
  • 31% of surveyed organizations identified cash-security concerns as a top issue in cash handling and processing across six countries in 2023.[5]

Supply chain in the cash handling industry

  • Approximately 68,100 employees worked for Brink’s worldwide at December 31, 2024.[26]
  • 34 countries were served by Prosegur Cash in 2024.[51]
  • More than 9,000 armored and light vehicles were operated by Prosegur Cash in 2024.[51]
  • Approximately 400 branches supported Loomis cash logistics and processing operations in 2025.[27]
  • Approximately 24,000 employees worked for Loomis across its cash-management network in 2025.[27]

Outsourcing / Offshoring in the financial services sector (sector benchmark)

  • Across surveyed finance organizations, 17% were evaluating nearshore locations for future operations in 2026, compared with 13% evaluating offshore locations.[52]
  • Among significant European banks, 67% of outsourcing contracts were sub-outsourced to external service providers in the 2024 analysis.[21]
  • Among U.S. banks surveyed, 57% had considered outsourcing information technology departments in 2024, the highest share among listed departments.[53]
  • Across surveyed finance organizations, 64% were implementing or evaluating offshoring or nearshoring for finance operations in 2026, while 36% planned to remain fully U.S.-based.[52]
  • Among significant European banks, 27% of critical ICT contracts were outsourced to external providers located outside the European Union in the 2024 analysis.[21]

11 Statistics

Finance & Pricing

Pricing discussions emphasize contract structures and modeled savings; aggressive cash-recycling projected $2,515 in average annual savings per ATM in a North American simulation.

Pricing strategy in the cash handling industry

  • 15.3% was the highest cited estimate for merchant cash-acceptance costs in the CMSPI review of available methodologies.[54]
  • 7.0% was the projected year-over-year growth in fee-equivalent cash-management revenue reported by participating U.S. banks in the 2024 EY survey.[1]
  • 0.2% was the European Commission’s calculated merchant cost of cash acceptance under its 2015 interchange-fee methodology.[54]
  • 10th to 25th percentile pricing was reported as attainable by large institutions with high cash-management-service usage in a survey of more than 720 institutions.[55]
  • 0.63% to 1.14% was the estimated total cash-acceptance cost for businesses handling up to £20,000 per week when using a smart safe and cash-management provider in the United Kingdom.[56]

Cost reduction in the cash handling industry

  • 5% to 7% reduction in cash costs was cited as achievable by redesigning cash flows in bank branch networks.[57]
  • 2% to 4% improvement in banks’ cost-to-income ratios was associated with better cash handling in the cited industry analysis.[57]
  • $2,515 in average annual savings per ATM was projected under an aggressive cash-recycling approach in a North American simulation.[47]
  • $1,877 in average annual savings per ATM was projected under a conservative cash-recycling approach in a North American simulation.[47]
  • At least 20% savings in total cost of ownership were cited for end-to-end cash-process optimization in financial-institution cash operations.[47]

Profitability in the cash handling industry

  • €148 million was Prosegur Cash’s free cash flow in 2024.[51]
  • 12.0% was Prosegur Cash’s 2024 sales margin based on adjusted EBITA.[51]
  • €2.090 billion was Prosegur Cash’s total sales in 2024.[51]
  • 18.2% was Brink’s adjusted EBITDA margin in 2024.[26]
  • 12.7% was Loomis’s operating EBITA margin in 2025, a record high for the company.[27]

Financial planning in the cash handling industry

  • 29.1% of Prosegur Cash’s consolidated annual sales was represented by available cash-business liquidity at December 31, 2023.[3]
  • 46.7% of Prosegur Cash’s consolidated annual sales was represented by available cash-business liquidity at December 31, 2024.[3]
  • €673 million of new-product sales represented approximately 32.2% of Prosegur Cash’s 2024 turnover.[51]
  • $400 million was Brink’s free cash flow before dividends in 2024.[26]
  • 30% of Brink’s 2024 free cash flow was retained after the company returned more than 60% to shareholders.[26]

12 Statistics

Product & Service

Product categories connect to installed base and serviceable markets, including 68% of Glory’s global retail cash-recycling market share including Japan in 2024.

Product development in the cash handling industry

  • 68% was Glory’s global retail cash-recycling market share including Japan in 2024, according to RBR Data Services.[58]
  • ¥19.9 billion was Glory’s annual research and development expense as of March 2026, supporting cash-handling and payment-automation product development in Japan.[59]
  • 44% was Glory’s global retail cash-recycling market share excluding Japan in 2024, according to RBR Data Services.[58]
  • 10.5% was the forecast compound annual growth rate for retail cash-recycling solutions worldwide excluding Japan from 2024 to 2029.[58]
  • 1,463 thousand managed and connected devices were reported by Nayax in 2025, an increase of 16.1% from 2024, reflecting continued deployment of payment and cash-to-cashless technology.[19]

Product lifecycle in the cash handling industry

  • 2.5% was the estimated share of the workable U.S. retail cash-recycler market represented by installed units in 2017.[60]
  • 3,000–3,500 cash recyclers were estimated to be active in the U.S. retail market in 2017, excluding teller cash recyclers in financial institutions.[60]
  • Over 70% of payments in Latin America were estimated to be made in cash in 2025, according to Loomis’s market overview.[27]
  • More than 40% of euro-area in-store payments were made in cash in 2025, indicating continued demand for cash-handling infrastructure.[27]
  • 150,000 retailers were estimated to comprise the serviceable U.S. market for cash recyclers in 2017.[60]

After-sales in the cash handling industry

  • 51 countries were included in Brink’s 2026 operating network for customer support and service delivery.[26]
  • 51 countries contained Brink’s operating subsidiaries in 2026, supporting local delivery and servicing of cash-management, digital-retail and ATM-managed services.[26]
  • 15 consecutive quarters of at least mid-teens organic revenue growth were reported by Brink’s for cash and valuables management through 2026.[26]
  • 25% of CMS’s retail cash pickup points were targeted for transition to a flexible, asset-light workforce model in fiscal 2026.[61]
  • More than 100 countries were served by Brink’s in 2026 through its cash and valuables management, digital retail and ATM-managed-services network.[26]

Value proposition in the cash handling industry

  • $1.902 billion was the estimated 2025 revenue of the retail cash-and-coin recycling-system segment worldwide.[62]
  • $282.48 million was the estimated 2025 revenue of the casino and gaming cash-and-coin recycling-system segment worldwide.[62]
  • 59.61% of the 2025 cash-and-coin recycling-system market was attributed to banking and financial institutions in PW Consulting’s application breakdown.[62]
  • 2.00% of the 2025 cash-and-coin recycling-system market was attributed to other applications outside banking, retail and casino gaming.[62]
  • $3.392 billion was the estimated 2025 revenue of the banking and financial-institution cash-and-coin recycling-system segment worldwide.[62]

13 Statistics

Sustainability & Ethics

Operational sustainability metrics are tracked alongside ethics coverage, including 100% of Brink’s employees covered by the company Code of Ethics.

Sustainability in the cash handling industry

  • 98% of Loomis revenue in 2023 came from physical handling of cash and goods, activities that depend substantially on vehicle-based transport.[27]
  • 25,000 employees work for Loomis worldwide, supporting its sustainability focus on financial inclusion, customer safety, carbon reduction, and employment practices.[27]
  • 5.55% was the reduction in Prosegur Cash’s emissions in 2024, according to the company’s annual results announcement.[51]
  • 37,618 MWh was Loomis’ total renewable-energy consumption in 2024.[48]
  • Around 250 Loomis employees work continuously on physical safety to support safe cash and valuables handling worldwide.[27]

ESG in the cash handling industry

  • 100% of Brink’s employees are covered by the company Code of Ethics, which is reviewed annually and supported by ethics training.[63]
  • 64.8% of Glory’s non-consolidated employees were union members in fiscal 2024.[59]
  • 65% of Brink’s employees in Singapore completed the 2024 annual ethics-and-compliance challenge.[64]
  • 1,288 Brink’s employees worldwide participated in the company’s anti-money-laundering quiz during Ethics and Compliance Week 2024.[64]
  • More than 130 metrics are used in the S&P Global Corporate Sustainability Assessment covering Prosegur Cash’s decarbonization, business ethics, and human-talent performance.[51]

Ethics in the cash handling industry

  • 15 local languages were used for an ethics-and-compliance video distributed to all Brink’s employees in India in 2024.[64]
  • 100 employees attended Brink’s “Coffee with Compliance” event at the United States headquarters in 2024.[64]
  • 25 languages are used for Brink’s frontline ethics and compliance training.[63]
  • 200 Brink’s employees participated in ethics-themed games and contests across five Philippine locations in 2024.[64]
  • 954 Brink’s employees in Latin America joined a virtual “Doing What’s Right” session during 2024 Ethics and Compliance Week.[64]

CSR in the cash handling industry

  • 12,000 interactions were generated by Brink’s official LinkedIn post about Ethics and Compliance Week 2024.[64]
  • 2,505 women were employed in Glory’s consolidated group in fiscal 2024.[59]
  • 1,602 Glory consolidated-group employees were under 30 years old in fiscal 2024.[59]
  • 2/3 of Brink’s headquarters employees in France attended an ethics-and-compliance discussion during the 2024 campaign.[64]
  • 2,300 Brink’s internal ethics-and-compliance email messages were opened during the company’s 2024 global campaign.[64]

Circular economy in the cash handling industry

  • 37% of the environmental footprint of euro-banknote payments comes from powering ATMs, the largest identified contribution in the ECB study.[6]
  • 100% sustainable cotton was the ECB’s target for euro-banknote paper by the end of 2023.[6]
  • $2.3 billion was the average value of worn banknotes accepted for withdrawal by responding central banks in the 2023 benchmark.[65]
  • 160.5 million worn banknotes per responding central bank were accepted on average for withdrawal from circulation in the 2023 benchmark.[65]
  • 39.4% of 33 central banks responding to the 2023 currency benchmark recycled all their banknotes.[65]

Carbon footprint in the cash handling industry

  • 612,758 MWh was Loomis’ total energy consumption in 2024.[48]
  • 44% of cash’s total CO2 emissions per processed unit were attributed to transport in the cited cash-handling life-cycle assessment.[27]
  • 575,140 MWh, or 94% of Loomis’ total energy consumption, came from fossil sources in 2024.[48]
  • 21,150 tonnes of CO2e were Loomis’ market-based Scope 2 emissions in 2023.[48]
  • 134,075 tonnes of CO2e were Loomis’ Scope 1 emissions in 2023.[48]

15 Statistics

Globalization & Expansion

Scale and footprint show up as countries served and facilities supported, with Brink’s supported by 1,200 facilities and 15,900 vehicles in 2025.

Globalization in the cash handling industry

  • 27 markets were covered by Loomis operations in 2024.[27]
  • 1,200 facilities and 15,900 vehicles supported Brink’s global operations in 2025.[28]
  • 25+ countries hosted Loomis operations in 2025.[27]
  • More than 400 branches formed Loomis’s international operating network in 2024.[27]
  • 52% of Loomis’s 2025 revenue came from the United States, while Europe and Latin America contributed 48%.[27]

Distribution channels in the cash handling industry

  • 120,000+ retail locations were represented by approximately 250 customers of Fifth Third’s DTS Connex cash-management platform in 2025.[28]
  • 1 expanded distribution channel was identified for DTS Connex through Fifth Third’s sales force in 2025.[28]
  • 2 principal customer channels for Brink’s managed services are financial institutions and retailers worldwide.[28]

Key questions about the Cash Handling Industry

How big is the cash-management-system market in 2025, and what is the forecast for 2033?
The global cash-management-system market was valued at $19.8 billion in 2025. Grand View Research forecasts it to reach $54.3 billion by 2033.
What does the market growth outlook look like for 2026–2033?
Grand View Research forecasts the market to grow from $22.4 billion in 2026 to $54.3 billion by 2033. This implies a 13.5% CAGR from 2026 to 2033.
Which companies lead the cash handling industry?
Giesecke+Devrient and GardaWorld are tied at the top of Gitnux's 2026 cash handling ranking with an Overall score of 9.2 each.
What technology shifts are most visible in cash handling as AI use expands?
AI is being used or developed for reporting, decision-making, document ingestion, billing, and fraud monitoring by more than half of U.S. cash-management survey respondents in 2024. In 2026, 80% of financial services firms reported active AI use, up from 31% in 2025.
How does the market structure influence purchasing and contracts?
Cash-handling pricing is typically contract-based, and Brink’s states cash-logistics contracts generally run for at least one year and often one to three years. Cash-management, digital-retail, and ATM-managed-services contracts are typically longer.
Which operational capability is repeatedly tied to value in cash handling execution?
Automation reduces labor intensity and supports recurring software revenue according to the industry trends. In cash-process operations, at least 20% savings in total cost of ownership were cited for end-to-end cash-process optimization.
Reference

Cite This Report

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APA
Aisha Okonkwo. (2026, February 13). Cash Handling Industry Statistics. Gitnux. https://gitnux.org/cash-handling-industry-statistics
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Aisha Okonkwo. "Cash Handling Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/cash-handling-industry-statistics.
Chicago
Aisha Okonkwo. 2026. "Cash Handling Industry Statistics." Gitnux. https://gitnux.org/cash-handling-industry-statistics.

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