Money or currency detectors are used to verify the legal status of different types of money. These are also used to distinguish between the various size of banknotes. For this, the detector tests different components already inserted into the bills. If we talk about the currency, many countries use specific magnetic inks, which will flourish when the note is put in the detector machine. This indicates the originality of the note.
Almost every small business uses the money detector machine as compare to the money counter machines, primarily used in the banking industry. It is an essential part of any business, whether it is small, medium, or large because these can save you from many types of scams. Moreover, these are also used in some other machines like gambling and automated teller machines.
Types of Money Detectors
There are different types of money detectors used in the market. I have divided them into different categories based on the principle of the detection of fake notes. More details of these detectors are given below individually.
Money Detectors Use Ultraviolet
The countries use incorporate invisible UV marks on the notes, which will only be visible when the note is under ultraviolet light. The money detector will work for any UV light and indicate whether the note is original or fake. But keep in mind ultraviolet light must consist of 365 nanometers wavelength.
Money Detectors Use Magnetic and Metal Thread
Most of the banknotes have ferromagnetic ink prints on them. You will also see a magnetic thread on the top of the ferromagnetic ink. These threads can be of different sizes, and the location of these also can vary for different notes. Still, mostly these threads are inserted at the center of the note.
Most of the fake notes don’t have this magnetic thread and are caught easily when tested by a money detector like ZZap D30. There are also some advanced detectors like PF-3000, which can identify even the pattern of thread and the specific ink used in the banknote.
Money Detectors Use Infrared
There are different types of inks used in the note. It is not possible to see all the inks with the naked eye. A few of them will only expose when the banknote is placed under infrared light. ZZap’s D40 is the best and most well-known machine to detect notes based on infrared lights. It absorbs light to authorize notes based on the particular properties imprinted on each denomination.
How do Money Detectors Works?
A counterfeit detector detects whether a note is original or counterfeit. There are many types of money detectors available in the market. They work on different principles to check the originality of notes. UV counterfeit method is mainly used because of its ease to access and lower price than the other devices. The UV images glow when they are placed under UV light. Remember that these images can not be seen through the naked eye.
A watermark is also added in the original notes, which can be detected using detectors like Signoscope T3. Signoscope T3 develops after its parent detector is named as SAFE-Signoscope. It is the first electric watermark tester that is widely used all around the world. The exciting thing about this detector is that it works efficiently without leaving any mark on the note.
Some modern money detectors are also rich in measuring the right banknote size. For example, if you talk about the dimensions of USA 100$, this is 6.14 x 2.61 inches. So, if someone adds a note with a different size, the machine will detect it quickly, and the screen’s color will become red.
Final Words
No one can deny that counterfeit currency is circulating in society. Research shows that about $70 to $200 counterfeit US currency was circulating in the country then. So, as a business owner, one can imagine what loss they are facing due to fake bills. Such scams will negatively impact your business as well. In the upper paragraphs, we discussed different types of money detectors and their working. Read all these facts and let us know if you still have any queries related to money detectors.