News

Sectran turns smart safes into 'virtual tellers' with Morphis app

SmartSafeManager software allows Sectran to extend provisional credit to merchant customers as long as money is secured in the store's smart safe.

September 28, 2015

Cash logistics company Sectran Security Inc., has teamed with Morphis, a provider of currency supply chain management software, to implement SmartSafeManager.

Using the Morphis platform, Sectran will offer its merchant clients a "virtual bank teller" that accepts their daily cash deposits and provides provisional credit while the money is secured in the safe. This solution allows retailers to reduce losses while improving employee accountability and store profitability, the release said.

"Our overall solution is now the most robust and cost effective in the industry," Sectran President Jon Donohoo said in a statement. "With Morphis SmartSafeManager, our e-deposit SmartSafe solution customers will now enjoy a new level of scalability and flexibility."

The second in a series of cloud-based, customer-facing applications introduced under the MorphisOnline.net brand, SmartSafeManager includes logistics, Web order services, cash processing, ATM processing, and billing.

According to Donohoo, the solution allows Sectran to manage its rapidly growing smart safe program more effectively. "[W]e have the flexibility to customize each customer's program — no more 'one size fits all' for our banking and retail customers."