Clip Money and Strategic Treasurer Announce Collaborative Webinar on Tackling Business Deposit Challenges
02 Agosto 2024 - 7:00AM
Clip Money, Inc. (“Clip” or “Company”) (TSXV:CLIP) (OTCQB:CLPMF), a
company that operates a multi-bank, self-service deposit network
for businesses, is excited to announce a new collaboration with
Strategic Treasurer, LLC to host an insightful live webinar titled
"Identifying and Addressing Business Deposit Challenges: A B2C
Focus." The event will take place on August 8 at 2pm EST, offering
attendees a comprehensive look into the complexities of consumer
payment deposits and collections, with Clip’s President, Brian
Bailey, as co-host.
Receiving cash payments from consumers can often
be more complicated than business-to-business payment transactions.
This webinar aims to address the growing challenges with managing
cash by exploring cash deposit and collections issues related to
costs, liquidity, visibility, flexibility, and safety. Participants
will have the opportunity to delve into the challenges associated
with receiving payments from consumers. They will also learn about
the importance of simplifying the complexity of handling various
payment types, particularly cash. Additionally, the webinar will
identify innovations in the business deposit space. Clip’s
innovations include their business deposit network, which includes
both ClipDrop and ClipATM, self-service solutions available at
3,000+ locations in the United States and Canada.
"Retail businesses frequently encounter
obstacles when managing consumer payments, which can impact both
their efficiency and profitability," said Brian Bailey, President
of Clip. "This webinar is an invaluable opportunity to highlight
these challenges.”
Strategic Treasurer LLC echoed the sentiment,
emphasizing the value of collaborative efforts in addressing
industry-wide issues. “Handling legal tender is far more complex
and costly than we often imagine. The business deposit space has
rarely seen innovation over the past few decades despite widespread
and continued use of this medium of payment. We believe discussing
challenges and new ways of addressing them matters to all
organizations with retail operations,” said Craig Jeffery, Managing
Partner of Strategic Treasurer.
For more information and to register for the
webinar, click here.
About Strategic Treasurer
LLC
Strategic Treasurer was founded in 2004 by Craig
Jeffery, a financial expert and trusted advisor to executive
treasury teams since the early 1990s. Partners and associates of
Strategic Treasurer span North America and Europe. This team of
experienced treasury specialists are widely recognized and
respected leaders in treasury. Known for their expertise in
treasury technology, risk management, and working capital as well
as other cash management and banking operations, they efficiently
identify issues, creatively explore ideas and options, and provide
effective solutions and implementations for their valued
clients.
About Clip Money Inc.
Clip operates a multi-bank cash management
system for businesses through its nationwide network of
ClipDrop Boxes and ClipATMs that gives users the capability of
making deposits outside of their bank branch at top retailers and
shopping malls. Rather than having to go to their personal bank
branch or using a cash pickup service, businesses can deposit their
cash at any convenient Clip network location. After being
deposited, the funds will automatically be credited to the
business’ bank account, usually within one business day. Clip also
provides businesses low denomination notes and coins through its
innovative ClipChange solution, delivering change directly to a
business store front on-demand. The Company combines functional
hardware, an intuitive mobile app and an innovative cloud-based
transaction engine that maximizes business banking transactions.
Combined with mobile user applications, Clip offers a
cost-effective and convenient solution for business banking
deposits in metropolitan statistical areas across Canada and the
United States. For more information about the Company, visit
www.clipmoney.com.
For further
information, please contact:
Joseph ArrageChief
Executive Officertel: 844-593-2547