Counterfeit money is entering the hospitality industry at a startling rate. With the ease and speed of transactions at hospitality venues, business owners are experiencing loss in revenue when counterfeit money goes undetected.
As technology develops, so does the technology in the fraudulent underworld. Recent advancements with digital printing onto a wide range of materials has easily allowed plastic notes to be printed with almost identical resemblance to the real thing.
So how do you check your money as being real deal? Visually it is becoming very difficult, however high risk businesses such as Bars, Clubs and Quick Service restaurants are investing in UV and scanning technology to check money before it is put into the drawer. A recent advancement in this industry is a product called SafeScan which revolutionizes the way and speed a counterfeit notes can be detected. Rather than having to inspect the note under a UV light, staff simply put it into a scanner – like a vending machine and the note is checked and returned with a validated message.
So fast is this new technology that several scans can be done in a few seconds. You will notice major Quick Service Groups including McDonalds now advertise that counterfeit detectors are onsite keeping the fraud away from their businesses.
To detect a counterfeit note try to tear it or scrunch it up into a ball. If it tears or doesn’t return to the original shape then it could be counterfeit. For Plastic counterfeit notes the ink will quickly peel and separate from the plastic. So while you keep an eye on your wallet or purse – keep an eye out for counterfeit money and avoid becoming a statistic.
Some key features include:
* Pre programmed with Australian currency including new notes
* USB updateable by end user when new notes are released
* Scans a note in any direction in just ½ second
* Has a count feature to tally $ value of notes scanned
Get an additional 10% off this Christmas until December 31st, 2019 when you enter the code SAFETYFIRST. So why wait? - Protect your business today!
Safescan 185-S Counterfeit money detector is programmed for the latest Australian notes. Reduce any potential loss from fake money with the Safescan money scanner that scans notes in any direction.
SAFESCAN COUNTERFEIT MONEY DETECTOR
Reduce any potential loss from fake money with the Safescan money scanner. The software includes:
Omni-directional scanning (notes read in any direction)
Pre-programmed with Australian Currency
Easy installation, just plug in and go!
FAST! Scans a note in just 1/2 second
Money counter for value and quantity
Guaranteed 100% accuracy
Enter promo code FREESHIP at checkout to receive FREE AUS SHIPPING