Clip Money Inc. has been selected by Lids as a cash deposit solution. Lids, the leader of headwear, apparel, and accessories for sports fans of all ages with over 1,100 locations throughout North America, is a desired brand in the retail industry. To better manage its cash flow and drive efficiencies in its cash management operations, Lids has chosen Clip to provide a secure and efficient cash deposit solution.

Clip's solution enables businesses like Lids to streamline their deposit process by digitizing and automating their cash handling operations. Clip supports fast and convenient deposits for any retailer into any bank account through Clip deposit locations which are located at leading shopping malls, big box retailers and other convenient locations. Store employees perform transactions through an intuitive app while an enterprise dashboard creates transparency and simplicity of cash deposits for retailers' back-office operations.

Clip also provides retailers next business day credit for deposits, which creates improved cash flow, always a welcomed feature for today's retailers.