Claire's Simplifies Cash Management Across Hundreds of Stores with Clip Money

Executive Summary

• Clip Money Inc. announced a new partnership with Claire’s, deploying its cash‑deposit network across nearly 800 Claire’s stores.
• The rollout was completed in less than three weeks, providing Claire’s employees with end‑to‑end cash management, change ordering, and deposit services via ClipDrop, ClipATM, ClipCenter, and ClipChange.
• The partnership is positioned to eliminate fragmented cash‑handling processes for Claire’s, delivering faster deposits, improved reconciliation, and operational cost savings.

Key Details

• Scope of Deployment: Approximately 800 Claire’s retail locations across the United States were onboarded to Clip Money’s multi‑bank self‑service deposit system.
• Implementation Timeline: Service and deployment managed by Clip’s customer support team; full rollout completed in under three weeks from initial meeting.
• Solutions Provided: Access to ClipDrop boxes, ClipATM kiosks, ClipCenter hubs, and the ClipChange change‑order delivery service for all participating stores.
• Operational Benefits: Eliminates hours spent on deposit trips, consolidates hundreds of bank accounts into a single platform, provides real‑time visibility of store cash activity, and streamlines reconciliation processes.
• Executive Comments:
• Melissa Hahn (CFO, Ames Watson) highlighted the speed of deployment and the reduction in operational disruption.
• Joseph Arrage (Co‑Founder & CEO, Clip Money) emphasized the goal of delivering long‑term value through increased efficiency and scalability for Claire’s.

Notable Quotes

• “Speed to deployment was absolutely critical for us… Clip quickly mobilized, provided training … and successfully deployed nearly 800 locations in a matter of days.” – Melissa Hahn, CFO, Ames Watson
• “We’re excited to partner with Claire’s… Our goal is to help them unlock greater efficiencies by keeping store associates closer to their customers, while simplifying reconciliation and cash management.” – Joseph Arrage, Co‑Founder & CEO, Clip Money