How do Money Counters Work?

Time is money. Using money counting machines would only be helpful if they make the cash counting process accurate, quick, and painless. After purchasing cash counter machines, the first question that arises is, how do these machines work?

Usually, simple machines are portable and easy to operate. Hence no specific training is required. But, to ensure that no future problems occur, it is always preferable that one gets some training and knowledge regarding how to operate the machines. 

Currency Counters

To count money using the money counters, the user places the stack of notes in the machine, which then counts the bills by pulling each bill through individually at warp speed. The machines use two ways to count the money inserted in it. Firstly, it does so by recognizing how many times the internal beam of light is interrupted and secondly by using a pattern recognition software that counts the denominations and provides a total for the stack of bills.

To differentiate between currency bills and counterfeit bills, these machines use combinations of multiple rays, including ultraviolet rays, magnetic rays, and infrared rays. These rays are used to detect counterfeit bills by assessing whether they have fluorescent symbols or brightening agents on them. These symbols are difficult to see with the naked eye. Thus these rays make identification easier.

Counting money gets much easier through mixed money counters.

Mixed Denomination Bill Counting

The method of single denomination bill counting is common, however, this method requires more manual work as compared to mixed denomination bill counting. Unlike mixed counting, a single denomination count requires the person to presort all bills according to their denomination and count them separately. Mixed counting, however, can be counted as a regular stack of bills loaded in the machine without being sorted out.

This machine uses CIS (Contact Image Sensor) that scans each bill that passes. Further, the banknote recognition software determines the nominal value of each banknote and then sums up the total amount of each banknote in the stack.
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Other features

Besides the basic features, mixed denomination bill counting has several other features too that make it different from the regular money counters.

Firstly, it can count mixed denomination bills from different countries, for example, the UK, Canada, and the US. When counting batches of a particular currency, it filters out any bills that are not from that country. For example, when counting the UK’s currency, it would reject all notes from any other currency and put them in the reject list.

Secondly, this machine does not require the user to make sure that all the notes are aligned properly. It would read the orientation of the first bill and then sort all the others accordingly.

Some machines can also be connected to printers or computers, easing the process of storage or printing of reports. This would help in keeping an authentic record of the money counted.

From the above information, it can be clearly understood how to use money counting machines and that which machine is the best for which purpose.