Are you thinking of buying a money counter machine but wondering if it’s really worth it?
Well, you’ll be glad to know that this may be one of the best investments you can make for your retail business.
A money counter is a time saver as it will help you count notes and coins faster. Besides, currency counting machines are easy to use. Not forgetting that with a money counter, you can forget about miscounts and errors.
Another valuable benefit of cash counting machines is that they can detect fake bills.
Fake notes can have an adverse effect on your profits, and they can also ruin your business reputation.
Unfortunately, as any entrepreneur will tell you, it’s tough to detect counterfeit money with the naked eye. Besides, who has the time to check every note by hand when customers are waiting in line?
Money counting machines have several counterfeit detection features that quickly pick out fake bills saving your business from huge losses.
Here’s a look at some counterfeit detection technologies commonly found in modern cash counting machines.
1. Ultraviolet (UV) Detection Technology
Modern currencies are made of ultraviolet ink that has fluorescent phosphors. These phosphors are used during the printing of the paper notes and are invisible in daylight.
Modern cash counting machines have UV detectors. The detectors enable the notes with ultraviolet ink to glow brightly when put under the UV light.
UV is the most common counterfeit detection method used in money counters as it’s affordable, effective, and easy to use.
2. Magnetic (MG) Detection Technology
Most bills have magnetic patterns or metallic threads woven at specific points on the face of the banknotes. These magnetic inks or threads may not look any different to the naked eye.
However, cash counting machines with magnetic detectors can identify each bill’s specific ink or thread pattern.
The magnetic sensors will trace notes with fake or without magnetic properties and reject them.
3. Infrared (IR) Detection Technology
Some banknotes are printed with IR inks that are difficult to counterfeit. When put under a money counter with IR sensors, these inks will either reflect or absorb the IR light.
IR detection technology isn’t as common as UV and MG detection technology in modern-day counterfeit detection machines.
4. Watermark Detection Technology
All currencies have watermarks printed on the face of their notes.
Modern counterfeit detectors will often use a UV light to detect the watermark or the security thread located on the note.
5. Size Detection
Banknotes are manufactured to a unique thickness, width, and length. For instance, every denomination of the US currency is printed in the same precise dimensions.
Sophisticated fake notes detectors will use infrared sensors and pulsing LED transceiver pairs to measure the dimensions of various banknotes.
6. Color Spectrum Analysis
Modern notes are printed with colored ink. For each denomination, the colored ink is woven in a unique pattern.
Modern money counter machines that use spectrum analysis to detect fake notes have spectrum sensors. After scanning the note using the sensor, the pattern on the note is compared with the correct image found on the cash counter machine’s memory.
In closing, the most common fake currency detection technologies found on modern money counters include UV and MG detectors.
However, sophisticated money counters may have the IR, size detection, or color spectrum analysis detecting technology to help distinguish between real and fake currency notes.
