FirstCount is an end-to-end software platform deployed by banks to control retail merchant cash deposits. This solution captures merchant cash – both digitally and physically – and controls the supply chain from merchant to cash center to bank.
FirstCount processes over a billion dollars in deposit transactions each month through over a half million deposit events and schedules over 125K armored courier visits.
Cash is collected either into a cash validating device or barcoded bag and is logged into the FirstCount software system. Cash orders are placed via a mobile app or the management portal.
FirstCount captures cash deposit data and makes it visible across the entire life cycle and supply chain, while controlling service and logistic activities.
Cash lifecycle, value and real-time status can be tracked through the FirstCount portal and made available to all participating entities. Integration with legacy systems provides for consolidation of data into a single dashboard.