Breathe Easier with Currency Counter Machines in Your Business

    Sep 18 2015

    Topics: Currency Counter

    If you own a small business, one of the last things you should have to worry about is whether the money your customers give you is real. Unfortunately, counterfeit currency remains a serious problem throughout Canada and the world. As long as money has been issued, there have always been people trying to make counterfeit versions. Though much has changed throughout history in terms of money, counterfeiting—the incessant drive for it—has not.

    Technological Advances

    In modern times, new technology allows us to detect counterfeit coins and bills very quickly. Currency counter machines use high quality scanners to detect counterfeits with an efficiency never seen before. Ever since fully electronic currency counter machines were invented in 1980, businesses and banks have been able to detect fake money with ease.

    Sorting and Counting Capabilities

    Besides fishing out fake currency, currency counter machines do just that: sort and count money. Before the advent of electronic machines, money had to be counted by hand. Although it may sound fun to count money, the reality is much different. Money counting projects—ones that involve thousands if not millions of dollars—take a considerable amount of manpower, time, and concentration. Not only did these projects take a long time, they were often repeated several times in order to ensure their accuracy. This often put a drain on business productivity, and made bank tellers cringe.

    Accuracy and Efficiency

    Not anymore! With the time and labour money counter machines save them, businesses and banks can focus on their core projects. No more having to worry about whether the clerk made a mistake. No more spending days on end counting money. Not only do these machines work in a phenomenal rate, they guarantee 100% accuracy.

    Mitigate Risk

    Businesses across Canada have enough to worry about as it is. Especially during these hard economic times, businesses need to put their all into their ventures. Counting their money, the fruits of their labour, should be the least of their concerns. However, it's something that must be done, and there are many considerations to take into account. Currency counter machines, however, take away the risk involved in ways never before seen. Counterfeiting has gone a long way from the Victorian rip-offs of the 19th century. Times (and the money in it) are more complicated than that now.

    Having currency counter machines for your business will save you considerable time and—of course—money! For more information, feel free to leave a comment or question at the bottom.

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    Andrea Lombardi

    Andrea Lombardi

    Andrea joined the CashTech team upon its inception in 2003. Learning the business from the ground up, she now utilizes her expertise in account management, planning, and negotiation while managing the daily operations of CashTech’s sales, marketing, and logistics departments. Andrea holds a bachelor’s degree from the University of Western Ontario. She enjoys travelling and has a passion for personal fitness, including obtaining her kettlebell certification. Andrea lives in Toronto with her husband and two young sons.

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    CashTech Currency Products Inc.
    1040 Cardiff Boulevard
    Mississauga ON, L5S 1P3

    905.696.0733