Five Factors to Consider When Buying Money Counters for your Business

If you are going to buy money counters, then this blog is for you. We are going to inform you of the five factors that you should consider before making your final decision.

Let’s start.

Size & Weight

You should start with the size and weight of the machine. If you want money counters placed at your cash out counters, then you should go for compact model money counters. Contrarily, if you are going to buy one machine for all your requirements and you want that machine to have the ability to be transported from one place to another, then you should buy a lightweight machine that can easily be gripped and carried.

Hopper Capacity

The next factor should be paying attention to is the hopper capacity of a machine. If you have to deal with large amounts of cash, then you should choose a machine with the highest capacity. If you don’t have to count cash in large amounts all at the same time, then you can choose a cash counter with a lower hopper capacity. Concurrently, you should also see whether the bills are loaded from the front or the back. Front-loaded hoppers often hold up more bills than that of back-loaded hoppers.

Counting Speed

The counting speed of the money counter should be your next factor to consider. Though all money counters count cash fast, you should choose a machine with the fastest counting speed. The faster your machine will process with your cash, the faster you can complete a transaction. Needless to say, nothing irritates customers more than lining up at billing counters and seeing the transactions processing slowly and also, nothing makes them happier than seeing transactions happen fast, because they feel they will not have to wait long at the money counter.

Counterfeit Detection

Despite the government’s extremely strict measures taken against eliminating counterfeit notes, they are a reality that cannot be denied. Moreover, counterfeit notes can look so real that, at times, it becomes almost impossible to identify them just on sight. Receiving them only cause you a financial loss, but giving them to somebody can get you into trouble if that person reports it to police. The good news is that money counters now come equipped with a counterfeit detection capacity. So, you should look for machines that can easily detect counterfeit notes.

Mixed Bill Value Detection

You should look for a device with a mixed bill value detection feature if possible. The money counter must be able to identify and count notes of different denominations together. Buying such a machine will really streamline your cash handling. You will no longer need to separate bills of different denominations and make stacks of each note denomination before counting them. A machine having the capacity of mixed bill value detection will count all notes together. 

You should look for money counters that meet all these above-mentioned requirements and your budget. We provide optimum money counters in Canada at most competitive prices. Call us now.