The future-proof cash network

About Shrap

We understand the ongoing importance of cash to local people and businesses.

But we also understand the challenges facing cash: the digitalisation of services, shifting business models and customer expectations.

Despite a significant decline in use, people continue to expect convenient and free access to cash. This is incompatible with traditional operating models for cash services, which depend on high usage volumes and inequitable funding arrangements. The commercials simply don’t stack up any more.

Re-inventing cash infrastructure

In 2020 we started building a new future for cash. Using our experience in cash automation and alternative payment networks, we developed a bridge between physical and digital currency that overcomes the challenges of legacy payment rails and user experience - helping make cash viable for the long-term.

We now work with national retailers, institutions and cash infrastructure operators to support the transition from legacy systems to the new, fit-for-purpose cash network.