What Geldservice Austria does

Geldservice Austria (GSA) is a privately held Austrian cash logistics company and a wholly-owned subsidiary of the Oesterreichische Nationalbank (OeNB). Founded in the mid-1990s by a consortium of Austrian banks (Bank Austria, Giro Credit, and Österreichische Volksbanken AG) and subsequently acquired by the central bank ahead of the Euro transition, the company operates a national network of seven Cash Centres — a Master-Center in Vienna plus regional centres in Linz, Graz, Salzburg, Innsbruck, Klagenfurt, and Bregenz — and processes banknotes, coins, foreign currencies, and precious metals under ECB-compliant standards.

Its offerings are organized by customer segment. For banks, GSA provides automated machine servicing (SB-Service) covering ATMs, deposit and recycling machines, and back-office safes; foreign currency and precious metals inventory; drop-in safes and coin trolleys; and branch-level Euro supply and collection with same-day booking. For corporate clients, it delivers Euro supply and collection, foreign currency processing, and the GSA EZT bank-independent deposit safe. For shopping centres, it operates the proprietary MULTI-Box single point of cash system and an end-to-end voucher issuance and redemption product with barcode-traced lifecycle. Cross-border service is offered on request.

GSA generates revenue through professional-services and managed-services contracts with Austrian financial institutions (Erste Bank, BAWAG, Raiffeisen Zentralbank, UniCredit Bank Austria, PSA Payment Service Austria), large retailers (Billa, McDonald's Österreich, DM), transport operators (ÖBB), and shopping centres (Europark Salzburg, Spar European Shopping Centers, Citypark Ljubljana). Pricing is contractual and not publicly disclosed. Distribution is direct B2B via a dedicated sales team, online ordering, and the company's own cash-in-transit fleet; certifications include EN-ISO 9001/2015, EN-ISO 14001/2015, and the Cyber Trust Austria Label. In 2021, GSA divested its Clearing Service to PSA Payment Service Austria, narrowing focus to physical cash handling.

Name

Geldservice Austria

Legal name

GELDSERVICE AUSTRIA Logistik für Wertgestionierung und Transportkoordination G.m.b.H.

Website

https://geldservice.at

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

Geldservice Austria is the OeNB-owned national cash logistics provider, offering Euro supply and collection, ATM and self-service machine servicing, foreign currency and precious metals processing, and shopping-center cash and voucher automation across seven Cash Centres in Austria.

Ownership category

akta.pro rank

Product category

Cash Logistics Services

NAICS

Armored Car Services (561613), Investigation, Guard, and Armored Car Services (56161)

SIC

Services-Detective, Guard & Armored Car Services (7381)

akta.pro primary industry

Cash Logistics & CIT (Cash-in-Transit) Services (FSAMAOAE)

akta.pro secondary industry

Banknote & Cash-in-Transit (CIT) Services (BPAKAIAA)

Keywords

• Cash logistics services
• Cash handling services
• Currency processing
• Cash-in-transit
• Automated cash management

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Others

Revenue model

1. Cash Logistics Services: GSA generates revenue through providing cash logistics services including Euro supply and collection, cash processing, counting, checking, and sorting of banknotes and coins for banks, businesses, and shopping centers. Services include equipment rental, insurance, transport, installation, and training.
2. Automated Machine Servicing: Servicing of automated machines including withdrawal machines, deposit machines, cash recycling machines, and cashier/back office safe solutions with projections, organization, processing, and reconciliation services.
3. Foreign Currency Processing: Processing of foreign currencies and precious metals for Austrian financial institutions including inventory management and cost savings in personnel, rent, transaction, safety equipment and materials.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Geldservice Austria provides end-to-end cash logistics services for Austrian banks, companies, and shopping centers. Core offerings include Euro banknote and coin supply and collection, automated machine servicing (SB-Service), foreign currency and precious metals processing, drop-in safes and coin trolleys, the MULTI-Box voucher and cash disposal system for shopping centers, and the GSA EZT automatic deposit terminal. Services cover the full chain of counting, checking, sorting, transport, insurance, account posting, clearing, and reconciliation.

Product overview

Geldservice Austria operates as Austria's leading cash handling service provider, offering a comprehensive suite of cash logistics and processing services. The portfolio consists of multiple distinct product categories organized by customer segment: For Banks (automated machine servicing, foreign currencies and precious metals, drop-in safes, and branch office EURO supply/collection); For Companies (Euro supply and collection, foreign currencies, and the GSA EZT deposit terminal); and For Shopping Centres (MULTI-Box for voucher and cash collection, vouchers, and Euro supply/collection). The company operates 7 Cash Centres throughout Austria and a Master Center in Vienna, providing end-to-end cash logistics including counting, checking, sorting, transport, insurance, and account posting.

Differentiator

Problem solved

Functional benefit

Products and services

• SB-Service (Automated Machine Servicing) Servicing of automated machines (withdrawal, deposit, cash recycling, cashier/back office safes, coin deposit machines, customer information terminals) for banks, including cash balancing projections, transit organization, processing, account posting, reconciliation, and failure monitoring.
• Foreign Currencies and Precious Metals Supply of foreign currencies and precious metals to Austrian financial institutions, including order processing and delivery to all bank branches, commercial transaction processing, and inventory management of valuables.
• Drop-in Safe and Coin Collection Trolley Drop-in safe and coin collection trolley service for banks, with cash-in-transit vehicle collection during Euro supply and disposal; coin trolleys are movable containers for coin counting machines with capacity for 4-5 coin safe bags.
• EURO Supply and Collection for Branch Offices Supply of Euro banknotes and coins to branches of banks, savings banks, and post offices with simultaneous valuables collection; covers the full logistics chain from online order to cash delivery by cash-in-transit vehicles, with same-day booking.
• Euro Supply and Collection for Companies Supply of Euro banknotes and coins to companies of various sizes, with crediting of daily cash proceeds across multiple cash register systems, including processing, counting, checking, reconciliation, and difference/complaints handling.
• Foreign Currencies for Companies Collection of foreign currencies throughout Austria, processing of collections, settlement, and credit to customer accounts for businesses.
• GSA EZT - Deposit Terminal Automatic deposit safe enabling time-independent reduction of cash balance for companies; allows businesses to deposit daily cash proceeds bank-independently, with GSA handling transport, installation, training, equipment rental, insurance, cash processing, booking, and clearing.
• MULTI-Box Single point of cash (SPC) system for shopping centers, enabling daily cash proceeds and vouchers to be deposited in vault-like machines; transfers liability to GSA upon deposit, with daily collection, counting, checking, sorting, and direct credit to customer account.
• Vouchers in Shopping Centres Production, sale, and redemption of vouchers for shopping centers with unique barcode tracing from production to commissioned destruction; integrated with MULTI-Box for collection and disposal.
• Euro Supply and Collection for Shopping Centres Supply of Euro banknotes and coins to shopping center customers, with crediting of daily cash proceeds for various cash register systems, delivered by specially equipped cash-in-transit vehicles.

Named customers12 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Oesterreichische Nationalbank (OeNB)coreStrategic or Co-development PartnerGSA is a wholly-owned subsidiary of the Austrian National Bank. As a subsidiary, GSA operates under the stringent requirements of the European Central Bank and processes cash according to ECB standards for currency in circulation.

Scale indicators4 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• Securitas AB: Sweden-based global security services giant whose cash handling services division competes in CIT and cash processing. Larger and more diversified than GSA, but provides a relevant public-market benchmark for European CIT economics.

Direct peers

• Loomis AB: Sweden-based global cash logistics and CIT specialist operating cash-in-transit, cash processing, and ATM services across Europe, the Americas and beyond. Closest publicly listed comparable to GSA given business model, customer segments (banks and retail), and technology-enabled processing centers.
• Prosegur Cash: Spanish-listed cash-in-transit and cash management specialist operating across Latin America, Europe and Asia. Competes with GSA in the European CIT market with comparable bank and retail customer profiles and similar processing-center infrastructure.
• The Brink's Company: US-listed global leader in cash management, secure logistics, ATM, and digital retail solutions serving banks, retailers and governments worldwide. Directly comparable to GSA on CIT operations, ATM servicing and end-to-end cash supply chain services.
• G4S Cash Solutions (Allied Universal): UK-origin global security and cash solutions provider now owned by Allied Universal; cash solutions division operates CIT, ATM and cash processing services for banks and retailers. Direct functional overlap with GSA on CIT and ATM management.
• Gunnebo Group: Swedish-listed provider of secure cash handling solutions including cash deposit machines, safes, and cash management software used by banks and retailers. Comparable to GSA's deposit terminal and MULTI-Box offerings and shares the European banking customer base.

Emerging players

• Diebold Nixdorf: US-listed provider of self-service banking and retail technology including ATMs, cash recyclers, and deposit terminals — listed GSA technology partner. Comparable via GSA's SB-Service (automated machine servicing) offering covering ATMs and cash recyclers.
• Giesecke+Devrient GmbH: German technology company specializing in banknote production, cash processing systems and currency management solutions — listed GSA technology partner. Comparable at the cash-processing-equipment layer where GSA's ECB-compliant counting and sorting infrastructure overlaps.

Regional players

• Ziemann Sicherheit GmbH: German CIT and valuables logistics provider serving banks, retailers and public-sector clients primarily in Germany. Regionally comparable to GSA across the DACH cash logistics market with similar CIT-led service model.
• Reisewitz Sicherheit GmbH: Bavaria-based cash-in-transit and security services provider focused on the German-speaking market. Provides a regional DACH benchmark for CIT pricing, fleet intensity and bank-customer concentration similar to GSA.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Geldservice Austria