Commentary On Money Counter Machines

By Christa Jarvis


Emerging technology has seen rise in production part of the economy. To improve service delivery, expertise has build up machines that help improve the lives of people across the globe. In most banks or large malls and supermarkets, exchange in currency is common and to make the work easier and effective, money counter machines help save time and enhance quick service to huge number of individuals.

These machines comes in different shapes and sizes, they are able to count coins and stacks of bank notes. Some use electrical components and others can be purely mechanical. It is programmed to give total fiscal counts that can be in specific batch sizes in order to enhance easy storage and wrapping. In addition to that, it enables orderly arrangement of bills in stacks with a zero error noted.

Toting up to use in large malls and banks, vending machines that are high tech are mounted with these equipments to help see a total count of money deposited by customers before release of the goods bought. With latest invention, automated tellers have been introduced and it allows deposition of currency with no envelope as a wrap. It helps to detect bills inserted and total value.

On latest innovation is the automated teller machine, it is specially designed to count huge stacks of bill that are not enveloped. It is able to detect different currencies and sort out such in stacks or wraps in bundles to give specific value based on the programmed mode. In such case of direct deposit by a customer, it help see to one to be in a position to see if any error is made before finally accepting the deposited value displayed and noted on the machine.

Different counter machines have been developed and on look are on the banknotes counter machine. This is in line with logic that it is common in most banks and since money exchange is mostly here, then advancement in technical usage is highly considered to help detect counterfeits. Most of such applainces are magnetically in fact detection of fake notes though some use the UV light.

Most currencies printed for official use by all citizenry have got two special features that all counterfeits cannot be in a position to fit into. One such feature is the fluorescent symbol that can be detected magnetically by making the banknote appear fluoresce. Fluoresces look of a bill is another feature since the bill tend to lack quality material thus a counterfeit.

In description of how such appliances work, is that stack of money is placed on a specially designed section. In this section, only one note at a time is picked and its value recorded. To note is that it happens so fast that an explanation and still gives an accurate count in value of bills inserted.

In short, mostly used tellers are fully electronic and give total value of each coin or note inserted in its compartment. It originated from Great Britain in 1980s and has so far been adapted by diverse retail shops, banks, supermarkets among other commerce institutions. It is able to multi task as compared to other tellers that are single handing on coins and notes. But a disadvantage to its use is that it does not detect fake currencies.




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