How Do Money Counters Work? - 09-10-2015
- Developed in the 1920s, counters were originally employed in the Federal Reserve Bank to reduce errors and increase efficiency. These counters would stop once a set number of bills had been cycled, allowing users to mete out a predetermined volume of notes. In the 1980s, analog machines were improved upon with the implementation of microchip-driven high-speed counters that determine the amount and denominations of thousands of bills within shorter periods of time, with fake bills detected automatically.
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