What is a currency detector?
The currency detector is a device used to verify the legal status and the type of money embedded in the detector. Currency detectors are used to identify counterfeit accounts and also to distinguish one type of currency from another. The currency detector can be used on slot machines or gambling, changing devices or automated cashier machines (ATMS).
In terms of counterfeiting, the currency detector can identify real accounts from false results by testing several different components after inserting accounts. For example, some currencies use a magnetic ink that resonates at a specific frequency and can be tested using a built -in magnetic head inside the currency detector. A very basic currency detectors is a pen filled with iodine solution that will not respond with the material used in real accounts, but will color fake accounts due to other material composition.
Modern currency detectors focused on discovering counterfeit accountsVŠE intentionally placed in real accounts, many of which are very difficult to replicate. Many modern machines and devices also use multiple tests to attempt to take over frety fraudsters, such as both inserted safety tests and photoelectric sensors that measure account dimensions to ensure that a complete, valid account is inserted.
currency detectors designed for use with coins are usually somewhat simpler and rely on the fact that most currencies use very different sizes, shapes and materials for different coins. Coins class or automatic that receives a change usually detects the currency according to its size, shape or weight. Some advanced models measure magnetism or coin composition. Because paper accounts generally have the same weight, size and composition, account sorters often rely on magnetic strips built into fabricybill to differentiate one designation from the other.
The development of the currency detector technology is constant because counterfeiters come with more and more sophisticated ways to bypass safety systems. Some experts accuse the availability of software for handling and high -quality printers for an extremely increase in counterfeiting potential, which makes it improve detection systems for many countries high priority. Unfortunately, counterfeit money may never be in contact with a currency detector, and instead are often used for cash transactions with traders and sellers who do not have the means to use a monetary detector.