The future of banknotes and their use.
Many people with the current market trend assume that physical banknotes will progressively diminish until their disappearance, and that their function will be entirely taken over by credit cards and Internet payments.
Although it is true that credit cards have taken up a part of the payments that were previously made with banknotes, it is impossible that banknotes will eventually disappear. And to make clear the continuity of banknotes, the ECB (European Central Bank) has announced that it will renew all Euro banknotes in 2024. Banknotes guarantee a freedom and privacy impossible to achieve with credit cards.
Although it is true that credit cards have taken up a part of the payments that were previously made with banknotes, it is impossible that banknotes will eventually disappear. And to make clear the continuity of banknotes, the ECB (European Central Bank) has announced that it will renew all Euro banknotes in 2024. Banknotes guarantee a freedom and privacy impossible to achieve with credit cards.
The use of banknotes creates the need for banknote counting machines and counterfeit detectors. At Countermatic we have a wide variety of them. For example, the New Boston VCIS.
The New Boston VCIS effectively detects counterfeit Euros, Dollars, British Pounds and Swiss Francs. The value note counter machine counts and values mixed currencies. The machine has three speed levels: 1000, 1200 or 1500 banknotes per minute. The machine has the possibility to be connected to printer.
Technical features:
- Height: 255 mm
- Width: 263 mm
- Depth: 268 mm
- Weight: 6,4 kg.
- Hopper capacity: 300 bills
- Stacker capacity: 200 banknotes
- Detection of different 3D sizes.
- It has the ability to program stops.
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In Croatia, the change from Croatian Kunas to Euros is causing and will continue to cause big changes. That is why at Countermatic we provide Croatians with different solutions, such as counterfeit bill counters and detectors.