Whether this is your first purchase or if you have made other purchases before, there are several factors you should take into consideration when you are buying a counterfeit money detection machine. These factors will prevent you from getting the wrong machine that will not meet the needs of your business.
1. Your needs
Determine what you will use the machine for. Some machines can be used to do much more than just check for fake bills. Other things that you can verify with the machines include checking whether traveler's checks, passports and ID's are genuine.
2. Ease of use
Ideally, you want something that will be easy to use. This is particularly important if you run a busy store with lots of customers on a daily basis. A machine that is simple to use will make it easier and faster for the cashier to process payments, hence customers will not have to wait for long to be served.
It is also a good idea to check if the company that sells or manufactures the unit offers training on how to use it. If they do, consider having your employees get trained on how to operate it. This will make them utilize the unit fully and more efficiently.
3. The size of the machine
In most instances, it will be much more efficient if the machine was placed next to where the cashier works. This will make it easier for them to access and use it. If the machine is placed far from the cashier or in such a way that it is difficult for the cashier to access it, chances are that they will not use it in most instances. Therefore, when making a purchase ensure that you know how much space the cashier has, so that you do not buy a machine that is too big for them to fit into their working space.
4. The technology used
Get a model that uses the latest technology. Purchasing an older model may save you a couple of bucks but it may end up costing you a lot in the long run. Criminals may have figured out how to beat the technology used and they may be able to get fake bills past you even if you are using a counterfeit detection machine. It is advisable to always be on the lookout for the latest models that use the latest technology so as to minimize chances of you getting defrauded.
In addition, consider whether you want a machine that uses multiple technologies to detect fake bills or a machine that just uses one or two technologies. Some of the technologies used include UV detection, magnetic detectors, infrared technology, florescent light and micro printing.
5. Types of currencies it can scrutinize
The machine should be able to scrutinize both old and new bills. The government is constantly introducing new bills with various security features. Your machine should be able to scrutinize new security features on bills, otherwise it will be irrelevant.
Also, take into consideration whether you will be using the machine to check only one type of currency or you will also use it to scrutinize currencies from different countries.
6. How much money you handle
If you handle a lot of money, you will need to buy a high end machine than can check lots of bills fast. These tend to be more accurate and they are most likely to be more expensive. Some currency counting models are designed to take and check a large stack of bills at a time.
If you will be moving the machine from place to place, consider its portability. Smaller machines are more portable than bigger ones. They can also be used in low light environments.
8. The number of units that you need
If you have more than one cashier, you might need to get more than one machine. Having different point of sales in your store will make it easier for clients to check out after making purchases, which will increase customer satisfaction. So investing in a number of cash detection machines will be worth the cost.
9. Your budget
How much money you can afford to spend will determine the kind of machine that you buy. Some machines are more costly than others. If you are on a tight budget, go for the cheaper options but if you can afford to spend more then it can be worth investing in higher quality machines.