Accuracy of Canadian Bill and Coin Counters

If your business handles even an average amount of currency or coins on a daily basis, you need an automatic bill or coin counter. If you’re like most retail businesses, counting money is a time consuming effort, frought with errors and often frustration. Manually counting money is not only slow, but also notoriously inaccurate. So are the automated bill counters Post POS sell more accurate than manual counting? YES!

Bill counters use a special photocell to count bills. Paddles and rollers inside the bill counter pull bills into the machine. As the bills pass these photocells, the sensor lets the machine know electronically that a bill or coin has been counted. The entire process takes microseconds, with many bill counters capable of counting thousands of bills or coins per minute. A bill or coin counter is very accurate!

There are however a few issues. Bills need to be in tact. Partial bills may produce an error or may not be counted. The good news is that most modern bill counters have error detection. Most bill counters will let you know if multiple bills have accidentally been pulled through, if a bill is torn in half or if the bill being counted isn’t the right size. This detection cuts down on pretty much every error. Many bill counters even include counterfeit detection capabilities.