Brinks SA partners with iZi Cash for secure cash logistics services
iZi Cash, a leading provider of cash logistics and cash management services, announces its partnership with Brinks SA, the local arm of a global organisation specialising in secure transportation and the handling of valuable goods.
With approximately R135 billion circulating in South Africa at any given time, security to transport this cash is crucial, similarly with high value goods such as fine art, precious metals and foreign currency – security with absolute precision cannot be compromised.
While this partnership allows iZi Cash to assume full responsibility for the cash-in-transit (CIT) aspect of the Brinks operation in South Africa, Brinks is able to expand and restructure its local business. By drawing on local knowledge and expertise, this partnership simplifies the process of legislative compliance and enables Brinks management to devote their time to growing its footprint in southern Africa.
“As a provider of safe and secure logistics and cash management, iZi Cash is proud to partner with Brinks SA. Their extensive international experience, coupled with our service transparency which is backed with an electronic track-and-trace capability, will add tremendous value and benefit to execute secure cash logistics and transportation of valuable goods in South Africa,” says Albert Erasmus, founder and CEO of iZi Cash Solutions.
For iZiCash, the strengthening of ties with a global player of Brinks’ stature, brings with it the prospect of unprecedented exposure to international expertise, experience and systems in the cash logistics arena. Already the only cash and valuable cargo logistics provider licensed to transport foreign currency, the partnership with Brinks allows iZi Cash to grow its footprint and local market share.
“For both our companies the development is set to deliver increased operational efficiency and most importantly, our joint customer base will benefit from world-class service levels security,” concludes Erasmus.