Systems and methods for providing expanded cash management functionality via a point-of-sale terminal

Abstract

Methods and systems are provided for automatically reallocating physical cash among a plurality of point-of-sale (POS) terminals. Cash usage forecast data is stored for a plurality of POS terminals (including at least one self-checkout (SCO) terminal capable of operating in a primary mode and a cash management mode). Cash usage is monitored at each of the POS terminals, and upon determining that the cash usage of a second POS terminal does not satisfy cash usage forecast data stored for the second POS terminal, reallocation data is generated for moving cash from the SCO POS terminal to the second POS terminal. The reallocation data comprises executable reallocation instructions that identify a denomination-specific cash quantity to be transferred and identifies the second POS terminal as the destination for transfer; and notification data for transmission to a user authorized to move physical cash between POS terminals.