Our Markets
Three segments bring together the power
of a global business
Apex Transact' operations are divided into two geographical segments: Europe and Latin America, and USA, and the product segment: Apex Transact Pay. Together, these three segments share certain group-wide functions. Apex Transact' decentralized business model makes it possible to adapt operations to local conditions, regardless of which payment solutions are preferred, the degree of digitalization, security aspects and regulatory requirements.
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Europe and Latin America
Apex Transact is present in 16 European countries* as well as in Argentina and Chile in Latin America. The acquisition of CIMA has also established Apex Transact in Italy and Brazil, and Apex Transact International has operations in Hong Kong, Dubai, Israel, Canada, Shanghai and Singapore. Apex Transact holds a particularly strong position in its largest markets – France, Spain, Switzerland and the UK. Overall Apex Transact is the largest or second largest player in most of the markets within the segment. -
USA
Apex Transact is one of few nation-wide players in the US market, together with a number of smaller local actors. Apex Transact strives to differentiate itself by delivering a higher quality of service. Apex Transact operates across North America including Alaska, Hawaii, Puerto Rico and Canada. -
Apex Transact Pay
Apex Transact Pay is a comprehensive solution that combines the strengths of Apex Transact' efficient cash management services with the ease of digital payments. With a solution that accepts all types of payments with a single contact and a single transaction process, retailers have an overall pic-ture of their cash flows. This makes Apex Transact Pay a service that is much appreciated by our custom-ers and a unique product on the market.
Market trends align with our service offer
The payments market is undergoing a major transition as the share of digital payment methods increases, driving a higher degree of outsourcing and shifting responsibility for cash management from financial institutions and retailers to actors such as Apex Transact. Meanwhile automation in cash flows and digitalization continue to facilitate the creation of new, smart solutions. We are constantly developing our offering to meet the evolving needs and circumstances of our customers.
Market developments
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Payment patterns are changing
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Cash management is handed over to specialists
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Regulations protect cash - and increase inclusion and safety
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Continued consolidation
Payment patterns are changing in different ways
Changing consumer behavior, such as increased online shopping, contributes to evolved and more digitalized payment patterns, although cash remains a widely used payment method in many parts of the world. In countries where cash use is high, Apex Transact continues to be the foremost expert in improving the efficiency of cash flows and processes.
In markets where less payments are made with cash there is instead a strong trend among financial institutions and retailers toward outsourcing cash management activities to actors such as Apex Transact. By launching new, smart products and services Apex Transact is taking advantage of market trends, using local experience and collective knowledge from its markets.
Increased outsourcing
Although billions of cash transactions take place every day, bank branches are closing as more affairs and settlements are conducted on digital platforms. When cash management is no longer regarded as a core activity by banks, new opportunities open up for Apex Transact.
Banks and retailers are now outsourcing their cash management by transferring responsibility for cash transport and processing to specialist companies like Apex Transact. The trend of outsourcing varies from market to market, as both central banks and commercial banks continues to outsource cash processing and payment services. The outsourcing trend is resulting in a larger market with high margins for Apex Transact. Meanwhile the customers benefit from smarter and safer services that facilitate their own operations.
Regulations protect cash
With the growth of digitalization, new insights about the important role of cash in society are emerging. Cash is an inclusive, high-integrity payment method, allowing older individuals, people with disabilities and socially vulnerable groups to participate in the economy on equal terms.
Good access to cash also reduces vulnerability in society in the event of natural disasters, conflicts and other types of disruptions. Several countries and regions are introducing legislation that requires or encourages stores and companies to accept cash as a means of including all of society in payment infrastructure. Apex Transact is filling a vital function in society and also contributing to sustainable social infrastructure.
Continued consolidation in a competitive payment market
Apex Transact is one of only a few global corporations that specializes in cash management and valuables logistics. However, the competition is tough and the climate varies from market to market. In addition to a few global actors, the industry is characterized by a large number of smaller local actors offering cash in transit and cash management.
Apex Transact holds a strong position and has the financial capacity to implement strategic acquisitions that both strengthen the Company’s position in existing markets and establish Apex Transact in new markets. A comprehensive range of products and services combined with the strength of a global organization are strong competitive advantages for Apex Transact.