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Bill Acceptor
A currency detector or currency validator is a device that determines whether notes or coins are genuine or counterfeit. These devices are used in a wide range of automated machines, such as retail kiosks, supermarket self checkout machines, arcade gaming machines, payphones, launderette washing machines, car park ticket machines, automatic fare collection machines, public transport ticket machines, and vending machines. The process involves examining the coins and/or notes that have been inserted into the machine, and conducts various tests to determine if the currency is counterfeit. Because the parameters are different for each coin or note, these currency acceptors must be correctly programmed for each item to be accepted. In normal operation, if any item such as a coin, banknote, card or ticket is accepted, it is retained within the machine and it falls into a storage container to allow a member of staff to collect it later when emptying the machine. If the item is reject ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknote
A banknote or bank notealso called a bill (North American English) or simply a noteis a type of paper money that is made and distributed ("issued") by a bank of issue, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to Redemption value, redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authority, monetary authorities. By extension, the word "banknote" is sometimes used (including by collectors) to refer more generally to paper money, but in a strict sense notes that have not been issued by banks, e.g. government notes, are not banknotes. National banknotes are often, but not always, legal tender, meaning that courts of law are required to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Serial Interface
A serial port is a serial communication interface through which information transfers in or out sequentially one bit at a time. This is in contrast to a parallel port, which communicates multiple bits simultaneously in parallel. Throughout most of the history of personal computers, data has been transferred through serial ports to devices such as modems, terminals, various peripherals, and directly between computers. While interfaces such as Ethernet, FireWire, and USB also send data as a serial stream, the term ''serial port'' usually denotes hardware compliant with RS-232 or a related standard, such as RS-485 or RS-422. Modern consumer personal computers (PCs) have largely replaced serial ports with higher-speed standards, primarily USB. However, serial ports are still frequently used in applications demanding simple, low-speed interfaces, such as industrial automation systems, scientific instruments, point of sale systems and some industrial and consumer products. Serve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency
A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance; i.e., legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term ''currency'' appear in the respective synonymous articles: banknote, coin, and money. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Watermark
A watermark is an identifying image or pattern in paper that appears as various shades of lightness/darkness when viewed by transmitted light (or when viewed by reflected light, atop a dark background), caused by thickness or density variations in the paper. Watermarks have been used on postage stamps, currency, and other government documents to discourage counterfeiting. There are two main ways of producing watermarks in paper; the ''dandy roll process'', and the more complex ''cylinder mould process''. Watermarks vary greatly in their visibility; while some are obvious on casual inspection, others require some study to pick out. Various aids have been developed, such as ''watermark fluid'' that wets the paper without damaging it. A watermark is very useful in the questioned document examination, examination of paper because it can be used for dating documents and artworks, identifying sizes, mill trademarks and locations, and determining the quality of a sheet of paper. The wor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Intelligent Banknote Neutralisation System
An intelligent banknote neutralisation system (IBNS) is a security system, that is used by banks, ATMs, retail establishments, vending machines and the cash-in-transit industry, to render stolen funds un-useable and easily identifable. Dye packs are inserted between bills in random bundles. If a bundle containing a dye pack is removed from a specified area (i.e. taken out of bank doors), it explodes, releasing an indelible ink dye and possible array of additional chemicals. The conspicuous bright color (usually red) stains on the bills, allow quick easy visual recognition of stolen money. Tracers and markers can also be added to the ink or bonding agent providing forensic evidence linking the criminal to the crime. Bonding agents (i.e. glues) have been used more recently. Stained bills cannot be brought back into circulation easily, because they are visually and/or forensically linked quickly to the crime scene. Restricted procedures are globally in place in case of an attempt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EURion Constellation
The EURion constellation (also known as Omron rings or doughnuts) is a pattern of symbols incorporated into a number of secure documents such as banknotes, cheques, and ownership title certificate designs worldwide since about 1996. It is added to help imaging software detect the presence of such a document in a digital image. Such software can then block the user from reproducing such documents to prevent counterfeiting using colour photocopiers. Description The name EURion constellation was coined by security researcher Markus Kuhn, who uncovered the pattern on the 10-euro banknote in early 2002 while experimenting with a Xerox colour photocopier that refused to reproduce banknotes. Markus KuhnThe EURion constellation Security Group presentation, Computer Laboratory, University of Cambridge, 8 February 2002. The pattern has never been mentioned officially; Kuhn named it the ''EURion constellation'' as it resembled the astronomical Orion constellation, and EUR is the IS ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Counterfeit Detector
Bank note reporters or counterfeit detectors were periodicals published in the United States in the mid-19th century. They were generally used by businesses for two purposes: to identify counterfeit bank notes, and to determine the discount rate for notes from distant banks. Before the establishment of a uniform paper currency in the United States each of the country's hundreds of banks issued its own distinct notes which led to widespread counterfeiting. Bank note reporters helped merchants and bankers to authenticate notes by providing descriptions of genuine bank notes and up to date information on the latest counterfeit bills being passed around. While the notes of local banks generally traded at par because they could be readily redeemed at the bank for specie (i.e. silver or gold coins) notes issued by more distant banks traded at a discount. These discounts were proportional to the distance of the bank (and hence the difficulty of redeeming its notes) and were also affecte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Counterfeit Banknote Detection Pen
A counterfeit banknote detection pen is a pen used to apply an iodine-based ink to banknotes in an attempt to determine their authenticity. The ink reacts with starch in wood-based paper to create a black or blue mark but the paper in a real bill contains no starch, so the pen mark remains unchanged. Background Counterfeit banknote detection pens are used to detect counterfeit Swiss franc, euro and United States banknotes, amongst others. Typically, genuine banknotes are printed on paper based on cotton fibers and do not contain the starches that are reactive with iodine. When the pen is used to mark genuine bills, the mark is yellowish or colourless. Such pens are most effective against counterfeit notes printed on a standard printer or photocopier paper. The chemical properties of US banknotes printed before 1960 make marking pens useless, resulting in false positives. One example of this complication taking place happened in 2016, in which a 13-year-old student was arrested b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknote Processing
Banknote processing is an automated process to check the security (or authenticity) features and the fitness of banknotes in circulation, to count and sort them by denomination and to balance deposits. This processing of currency is performed by security printing companies, central banks, financial institutions and cash-in-transit (CiT) companies. Cash Cycle The cash cycle is driven by coins for lower values and banknotes for higher values (called ''denominations''). The central bank orders the banknotes from security printing companies and stocks them. To get banknotes, financial institutions raise a credit at the central bank with paying interests and depositing securities. On request of their customers they pay them out over the bank counter or cash dispensers (i.e., automated teller machines, ATM) and put them into circulation. After paying at cash registers of retail or gas stations, vending machines (e.g., cigarettes, tickets, drinks) or depositing in ATMs the cash is re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automated Cash Handling
Automated cash handling refers to the process of dispensing, counting, and tracking cash within various business environments using software and hardware devices such as banknote processing. Automated cash handling is used by banks, retail stores, check-cashing outlets, payday loan/advance providers, casinos, and more. This process is facilitated through the use of specially designed hardware and software, with the primary goals of preventing loss, deterring theft, and reducing the need for constant manual oversight of cash operations.Ed Grondahl, Integrated Solutions For Retailers, April/May 2009 The hardware used for automated cash handling typically includes one or more of the following: * Automatic teller machines (ATMs) * Currency-counting machines for notes and coins * Currency detectors, also known as currency validator or acceptor, to check notes and coins * Coin wrapper or rolled coin dispenser * Banknote destruction devices * Intelligent banknote neutralizatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MEI (company)
MEI Conlux (formerly known as Mars Electronics International) is a manufacturer of electronic banknote validators, coin acceptors and changers. MEI was spun off to private investment interests in July 2006. In December 2012, it was sold to Crane Co., which also manufactures vending machines. A new division was created inside the company by merging former CPS (Crane Payment Solutions) and MEI into CPI (Crane Payment Innovations). The firm began operations in Great Britain in 1965 and expanded to the United States in 1967. The firm invented the electronic vending machine and is one of the largest manufacturers of vending machines in the world. As of 2011, the company operated in over one hundred countries and processed over two billion transactions per week. It has had a co-educational relationship with the Mechanical Engineering department of the Imperial College, London. In 1996, the firm signed a deal with DigiCash, one of the first digital currencies. This led to the widespre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency Detector - Circuit
A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance; i.e., legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term ''currency'' appear in the respective synonymous articles: banknote, coin, and money. This article uses ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
