Coin money is expensive for commerce. Just acquiring it takes a lot of time. The first free marketplace for change provides relief – a simple solution on the internet. The ALVARA CoinMarketplace can be used independently of the contractually bound cash service provider and house bank. Retailers can securely order their change nationwide here. The cumbersome acquisition on foot at the bank is a thing of the past. Transport is uncomplicated, fast, and cost-effective. Thanks to the connection to DHL, nationwide delivery is possible within just 24 hours. The retailer can quickly eliminate their coin shortage and place their orders via mobile devices, such as a smartphone or iPad. Adrian Knoch, owner of easyApotheke Duderstadt, is already using the internet service and appreciates it: “Thanks to the ALVARA CoinMarketplace, we can now flexibly order our coin money online at any time. We have used the CoinMarketplace several times now and are very satisfied.”
The topic of coin cost development and ways out of the price spiral also concern the German Trade Association – HDE e.V. Ulrich Binnebößel, head of payment transactions and logistics at HDE, presents current considerations at the conference "Digitalization Knows No Borders – Cash Processes 2.0." In his keynote speech at the 7th ALVARA INNOVATION DAYS, he will address payment in commerce with the development of cash and possible perspectives.