Monthly Archives: March 2019

Products that will tremendously help your business

Posted: March 22, 2019

Categories: Counterfeit

Products that will tremendously help your business

Bill Counter

A Bill Counter is a small cash management solution that brings large benefits. If you deal with cash, then you have the need to streamline your backroom cash handling processes. Big and small companies, in any industry, can benefit from reducing errors and the cost of employee time associated with manually sorting and counting currency.

Advantage 1: A huge time saver

Discriminators can speed up the process

Passing Counterfeit Money Through Retailers & Hospitality is a Multimillion Dollar Industry

Posted: March 15, 2019

Categories: Counterfeit

Passing Counterfeit Money Through Retailers & Hospitality is a Multimillion Dollar Industry

The Effects of Counterfeit Currency

According to the United States Department of Treasury, an estimated $70 million in counterfeit bills are in circulation today and that number is quickly on the rise. As stated by the law enforcement, the bulk of those victimized by counterfeiters are large big-box stores, convenience stores and fast-food restaurants with high customer volume and lots of cash exchanged.

How to Identify Counterfeit

The Importance of Cash in the Retail Segment

Posted: March 15, 2019

Categories: Your Community

The Importance of Cash in the Retail Segment

Remember when TV was supposed to kill off radio? And when the internet & streaming services were supposed to kill TV? Digital media was to render print media obsolete and, of course, electronic payments were supposing to bury cash in a 6-foot hole?

Well… according to the U.S. Federal Reserve Board, cash remains to be the most popular retail payment mechanism in the US, accounting for nearly 1/3 of all transactions in 2017.