Bill counter buying guide
When you are new to buying a bill counter, you can get distracted by all the flashy features and gears. Bill counters need to be dependable and ever-lasting. You should pay attention to the most functional aspects of your bill counter and consider features that are unique to your business needs.
Bill counter buying guide
Photo by Sharon McCutcheon on Unsplash
Purchasing a new bill counter can be confusing. Following these tips will guide you on making a purchase that will improve your business processes.
Mixed bills or individual types of bills
Your bill counter can be a simpler machine or a very high-tech one, depending on your company’s needs. If you receive high stacks of bills across many different denominations, you will need a machine that is a mixed bill counter. For example, you may be receiving anywhere between ten dollar bills to five hundred in large amounts. If this isn’t the case, and you’re receiving one, five, ten, and twenty on an ordinary basis, then you may not need a mixed bill counter. It won’t slow your company down if you have smaller batches, but for a larger volume of bills, you’ll want something with more expensive features.
Choose a bill counter based on hopper size
The size of the hopper will determine how many bills you can insert into the machine. If the hopper size is small, then your machine can only process a small number of bills at a time. You will need a much larger hopper if you receive a large stack of bills every day.
How much speed do you need?
You may not need much speed if you rarely manage money and mostly deal with digital or credit card purchases. If this is the case, go with a simpler bill counter. According to Accubanker.com, a high-speed counter will work best if your volume of bills is high. This is so that you are not waiting a long period of time to manage a large stack of bills.
Do you need batching?
A bill counter that batches your money is great if you want to easily organize and deposit the chunks of cash. You can then place a rubber band or insert them into envelopes to transfer them. The machine does this by counting a set number of bills and pausing between batches. Once you remove the batch, it counts the next set. Some counters perform multiple batch counts, which speeds up this process.
Counterfeit detection and error notifications
Counterfeit detection may be a necessity for everyone, as your bill counter will have the ability to identify false bills. This will help reduce the amount of fraud you encounter and allow you to remove the unwanted bills with ease. Another helpful feature is an error notification that alerts you when a bill isn’t properly counted. This can happen if the currency is torn or folded. When the machine makes an error, it displays what the issue is. Whenever there are problematic issues, you can remove the bill and continue entering in banknotes.
Learn more about bill counting
When you are ready to make a purchase, you can get additional advice from industry professionals who know all about bill counters. You can find out more by checking out bill counter suppliers.
