If your business accepts cash, you are at risk for receiving counterfeit bills. Think youre safe? Think again. The United States Secret Service averages 3,700 arrests for counterfeiting annually, and seizes anywhere from $61 to 65 million in counterfeit currency. And thats only the money that theyre able to track down. Why does this matter to you? Your business is not covered or reimbursed if you accept counterfeit bills. The FBI estimates businesses lose approximately $200 billion per year to counterfeiting. This is not a loss you want on your books.
There are ways you can safeguard your business and livelihood against malicious counterfeiters. Counterfeit money detectors are available that will help guard against accepting counterfeit money. The best counterfeit detectors identify the specific security features that identify the bills authenticity. These security features include special cloth-blend paper, microprinting, watermarks, security threading, and magnetic ink. Counterfeit currency detectors are designed to detect or reveal these security features. If the security features arent present then you should refuse to accept that bill as payment.
There are several different types of counterfeit money detectors that are the best to buy that will meet your business needs. Some of the counterfeit detectors are designed for rapid detection, and are a good choice for point of sale cashiers and clerks. Other counterfeit detectors use more sophisticated scanning technology and are ideal for businesses that deal in large sums of cash, like banks or casinos. Counterfeit money detectors are surprisingly inexpensive, ranging from $10 to $500, and are worth every bit of the investment.
Here are a few recommendations that are the best counterfeit money detectors.
MD-118 FL Portable UV Money Detector - The MD-118 FL Portable UV Money Detector is the least expensive and most simple counterfeit currency detection device. The MD-118 FL Portable UV Money Detector is a handheld detection device. As the user passes the detector over the top of the bill a UV lamp shines on the bill to reveal and illuminate the watermarks and other security features on the dollar bills. It is ideal for grocery store or convenient store cashiers because it takes seconds to use, and is small enough to sit next to the register or POS machine.
ABC-100 Counterfeit Currency Detector - The ABC 100 Counterfeit Currency Detector is another simple and low-priced counterfeit detector that uses UV light and watermark detection to verify if a bill is authentic or fake. Its a counterfeit detector commonly used at retail stores, kiosks, and bars. Instead of being a handheld device, the ABC 100 Counterfeit Currency Detector has a detection panel that uses both ultraviolet and white fluorescent lamps. The user places the bill into the detector. The UV light highlights most of the security features, and the fluorescent light will make the watermarks more clear. Its lightweight and very easy to use or store.
ABC-95 Analyzer Counterfeit Detector - The ABC-95 Analyzer Counterfeit Detector is a higher quality detector that is a top choice among security conscientious buyers. What makes the ABC-95 Analyzer Counterfeit Detector so popular is that it is able to perform five different counterfeit detection methods. These include UV light, Water mark, Magnetic, Optical, and Chemical analysis. The UV light and fluorescent light reveal the watermarks and imbedded security features. The magnetic detector identifies the magnetic ink on the bills, and in the tiny security bar that runs the width of the bill. The magnetic test is particularly popular because it emits a noise when the metals are detected. The chemical analysis tests the composition of the paper by making an ink mark on the bill that reacts different to authentic or phony money. The user can conduct each test or can perform individual tests as needed.
Cashscan Model 1800 Counterfeit Bill Detector - The Cashscan Model 1800 Counterfeit Bill Detector is an automatic detector and is one of the most popular counterfeit bill detectors on the market because it is fast and easy to use. How fast? It can literally give you a positive or negative result in less than a second. All US currency is printed using magnetic ink. The Cashscan Model 1800 Counterfeit Bill Detector automatically scans the bill for the magnetic ink. When the ink is detected a green light appears, if not a red light appears. It doesnt get much simpler than that! The Cashscan Model 1800 Counterfeit Bill Detector has a built-in microprocessor which can detect even today's more sophisticated forgeries.
Each of these
quality counterfeit detectors, and more, can be purchased at ABCOffice.com (http://www.abcoffice.com).
