Video Surveillance for Check Cashing/Payday Loan Locations

Check cashing locations – a mainstay in strip malls across the country – play a vital role in the lives of many of us who do not have bank accounts. Check cashing stores cash pay checks, provide pay day loans, and other services like PO boxes, and notary service. It's common sense that any business or organization that handles money (like banks) should have a video surveillance system – including check cashing outlets. A system of security cameras can help protect check cashing and payday loan stores from robbery, and keep employees, customers and store assets safe.

Benefits of Payday Loan Security Cameras

Prevent robbery – Check cashing/Payday Loan franchises are often located in less-than-desirable neighborhoods, putting them at a higher risk for robbery, vandalism and other crimes. Surveillance cameras, shown to deter crime, can help keep store assets safe and employees and customers safe from harm.

Protect building – Many check cashing locations have physical security already in place. May it be an access control system like an alarm, or physical blockades like barred windows and doors or a fronted gate, physical security acts as a barrier between the store and outside threats. Security cameras and CCTV act as an upgrade for physical security – working in conjunction with physical security, they can maximize security at payday loan locations.

Ease of use – Advances in IP video technology and digital video have made video surveillance easier to use and more flexible than ever. Security systems with IP cameras can broadcast their high quality surveillance footage over the internet, making it easy to keep watch on a check cashing store 24/7. Better yet, many modern surveillance management programs allow for automatic notifications – via e-mail or cell phone – should anything out of the ordinary occur.

Potential Problems with Payday Loan Surveillance Systems

Privacy – Surveillance cameras are great for protecting a payday loan store from robbery and crime, but protecting employee and customer privacy should be tantamount to protecting the assets and building. Keep surveillance cameras in public areas like lobbies, reception areas and processing rooms.

Things to Consider for Payday Loan IP Cameras

One of the best ways to secure a payday loan or check cashing outlet is to add a system of security cameras. However, a system that is not tailored to suit a business' specific needs can't provide the utmost in security. Before buying or installing a security system, consider the following to help determine your security needs.

Is your neighborhood a security risk for you?
Have you ever had issues with break-ins, theft, or other crimes?
What kind of security system, if any, do you currently have in place?
What kind of business do you primarily handle – check cashing, loans, or other?
What do you feel is your biggest security concern?

Basic Setup Advice for Payday Loan Surveillance Systems

Cameras should be placed anywhere money changes hands: the cash register, safe, check printer, etc.
Position a camera or two near all doors and exits to capture the faces of all visitors and customers

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