Quality money counter manufacturer? If your business handles large volumes of cash, counting bills by hand can be a tedious, time consuming and potentially costly process. Ribao Technology Inc’s extensive range of bill counters offers a variety of functions and features that help save time and increase accuracy and efficiency. Features such as batching and counterfeit detection will help speed the end-of-day counting process, reduce errors and save money. Find more details on https://www.ribaostore.com/blogs/news/how-to-choose-the-right-money-counter-for-you-business.
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.
If we talk about QR code payment, 54% of Japanese and 62% of Koreans use this cashless payment method. In Japan, the second most common method is Electronic cash, and 68% of Japanese love using that. The main reason behind the population of electronic cash is the high popularity of transportation IC cards in Japan and also, and it is mentionable that several convenience stores and supermarkets also support transportation IC card payments. Now, if we look at the amount that people of these countries usually pay by using QR code payment, we’ll see that 59.2% of Japanese people are noted to pay less than 1000 yen, which is higher than 33.7% of Chinese and 50% of Korean people. It is also notable that 34.9% of Chinese people have paid more than 10,000 yen compared to 12.9% of Koreans and 1.9% of Japanese people. So, it is quite clear how popular QR code payments are in China. Chinese and Koreans use QR code payment for large transactions as well, whereas Japanese people have faith in small transactions by using QR code payment methods.
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.
A currency sorter is a commonly used tool in the financial department of almost all sectors. It works wonders in simplifying the strenuous and time-consuming task of sorting the huge bundle of coins or notes, which employees can otherwise use for something productive. In addition, it prevents any errors that are likely to pop up when counting currency manually. Not to be overlooked, the use of a currency sorter to count cash is an efficient and rapid method of organizing monetary tasks.
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.