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Securevalue India Emerges Nation’s Second Largest Cash–In–Transit Company

The cash management arm of AGS Transact Technologies Limited achieves milestone of 29000+ ATMs and INR 1000+ crore daily cash management within six years of inception

Securevalue India (SVIL), the fastest growing cash-in-transit (CIT) company in India and a group company of AGS Transact Technologies Ltd. (AGSTTL), today announced that it has achieved a milestone of 29,000+ ATMs in its service network becoming the second largest CIT company by number of ATMs.

The company’s strong network is efficiently supported by its expansive infrastructure which includes 1364 cash vans and trained work-force of more than 5000 people spread across 1500 towns and cities nationwide. Securevalue India is a trusted partner for cash management services and door-step banking for leading banks, financial institutions and well-known retailers. The company also offers vault services across 45 locations in the country.

India has close to 2.1lakh ATMs which are managed by various managed service providers (MSPs). Securevalue India, in a short span of six years has become a reliable CIT partner for various MSPs in the country and manages more than INR 1000 crore in cash every day.

The company also offers India’s only and award winning cash-management solution with intelligent cash deposit machine (iCD) to leading ecommerce, aviation and retail brands which streamlines the complex and tedious process of cash counting, counterfeit detection and collection and ensures a safe transit and deposit in the concerned bank account.

Mumbai, August 1st, 2018

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