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UCT Libraries goes cashless

21 Dec 2015 - 09:30
Debit card

From January 2016, UCT Libraries has decided to go cashless, and the reasons are three-fold:

  • to reduce the costs of handling cash across all the libraries (money will be saved on cash collection fees, bank charges and staff resources).
  • to reduce the infrastructure requirements for cash handling and storage and
  • to reduce the potential physical risk to staff and students.

The move to a cashless environment will make our financial operations more efficient and cost effective.