Banknote counter provider by Ribaostore? Different bill counters offer different levels of counterfeit detection – the level of counterfeit detection required is generally based on the type of business and amount of cash handled. Ribao Technology Inc’s series machines offer basic counterfeit detection using up to 3-point detection: ultraviolet (UV), magnetic and bill size. RIBAO’s new series offer the highest level of counterfeit detection using advanced 7-point counterfeit detection – which employs additional sensors (such as infrared and color sensors). More information on this technology is available on our counterfeit detection page. Discover extra info at currency counter machine.
Counting the number on the cash register : If you are counting the number on the cash register, you are actually ensuring that you have received the exact amount right from the register. However, what to do if you entered the wrong amount incorrectly, right at the beginning? Then the displayed amount on your cash counter will be wrong as well, which means you will also return the wrong change amount to the customer. This method reduces the chances of ending up with the wrong deal. For instance, the total sales amount is $8.64, and the customer handed you a $10 bill. Now you do not need to have an idea of what the change should be, i.e., you do not have to do any subtraction to understand the total due. All you must do is start counting up from the sales amount, i.e., $8.64.
This highly-secured machine comes with bank-grade counterfeit detention 2CIS/UV/8MG/IR to eliminate the risk of counterfeit money acceptance. It is an unavoidable part of money counting nowadays. Not only the US dollar but also this single money counting machine can count up to 32 currencies which makes it one of the most efficient money counting machines in the recent market scenario. This machine comes with every feature needed to count a huge amount of money in today’s scenario. As it has a unique feeding system, you don’t have to worry about jammed or flying bills. Also, the core HD high-frequency image sensor supports 200 DPI high-resolution image collection within 30ms. It offers more speed than 98% of money counting machines available in the market. It can read US serial numbers at 1200pcs/min, which is amazing.
The company also investigated the commonly used cashless transaction methods in these countries, including UPI payments and credit or debit card payments. The results indicate that the most common cashless transaction method used by Japanese and Koreans is credit card payment as 90% of Japanese and 83% of Koreans use credit cards for cashless payments, which is much higher than UPI and QR codes even debit card payments. On the other hand, the Chinese love to use QR code payment methods more than any other cashless transaction method. 86% of Chinese use this cashless method.
The time you or your employees have to spend on counting, sorting, and wrapping the currency can be used better and more productive. This is why having a good quality currency sorter for your business is an investment you should always consider. Counting and sorting currencies manually based on their value and country of origin is a highly labor-intensive job. Not only does a currency sorter help you to save time, but it even eliminates any human error that is more likely to happen when counting and sorting manually. Besides, there are some other advantages that you will definitely enjoy with using a currency sorter. Keep reading this article to learn more about a currency sorter, the difference between a currency sorter and a counter, and its benefits for your business.
All the documentation processes handled by government agencies are extremely important and so the payment related to those processes. That’s why the agencies need to be extremely careful about cash handling. On the other hand, it is known to all how counterfeit money has become a threat to everyone, especially in the United States. That’s why government agencies need to give special attention to the cash debited by the citizens. If it is done manually, it will not only be a time-consuming process, but also there will be chances of errors that can harm a citizen in several ways. See more details at https://www.amazon.com/RIBAO-Denomination-Professional-Effective-Counterfeit/dp/B08HMQT31J.