Tips to Protect Your Business from Counterfeit Currency Notes Leave a comment
One of the biggest threats to a business’s bottom line is counterfeit currency. This is particularly a concern for cash businesses such as retail operations or small businesses that need every transaction to stay afloat.
With counterfeit currency constantly evolving, it can be difficult for the human eye to spot an error. This is why a fake note detector machine has become such an important requirement for every business. Here, we take a look at some of the steps businesses can take to protect themselves from counterfeit currency.
Know the Common Tell-Tale Signs Of Fake Currency
Even though the quality of fake notes is improving, there are subtle differences that can be detected. Several of these can be found in announcements made by the local police, banks, or news outlets. Be sure to make a note of all of these and share them with your employees. It will be easier for an informed person to know what to look for when doing a transaction.
Some of these signs may include changes in ink colour, differences in paper quality, changes in serial numbers, and others. However, even with the utmost training, this may be difficult for humans, especially on busy days when they have to deal with multiple transactions in different denominations. A fake note detector machine works efficiently at all times regardless of the number or frequency of transactions.
Check Small Denomination Currency Too
A lot of times, employees focus on scanning or checking the higher denomination notes but tend to ignore the smaller denominations. These can be faked too and over time lead to a massive loss for the business. It is important to not just check the ₹500 and ₹2000 denominations but also ₹10, ₹20, and ₹50. To maximize efficiency in every transaction, it is best to choose a fake note detector machine that can handle different currency denominations with equal precision.
Buy an Accura Fake Note Detector Machine
For a business, a currency-counting machine with fake note detection is a highly beneficial investment. The top security expert in Hyderabad, Accura manufactures a variety of fake note detector machines that can count 1000 notes per minute and are equipped with ultraviolet and magnetic guard functions.
Accura Cash Counting Machine Platinum 01 LCD with Voice Alert
A super accurate machine, this model is suitable for heavy counting and with advanced counterfeit detection (UV+MG+IR) and can count 1000 pieces per minute. Additionally features available include:
- Automatic start and stop
- Batch and additional options
- Automatic half-note detection
- LCD display within the unit and customer display
- Double note detection
- Hopper/stacker capacity-130 pieces
Conclusion: Identifying fake currency at the time of the transaction can offer businesses a major boon in terms of safeguarding their profits. Along with encouraging employee vigilance, it is recommended to purchase a good fake note detector machine by Hyderabad’s number 1 brand, Accura, also known for its premium doorstep service.
