Innovative Technology (ITL), provider of money dealing with and validation apparatus to the merchandising trade has introduced its SMART Coin System has effectively handed the ECB (European Central Bank) take a look at designed to stumble on counterfeit euro cash. The ECB carries out verification assessments on coin-processing machines to test they may be able to authenticate authentic cash.
Commenting at the good fortune of the financial institution take a look at, Thorsten Labusch, VP of gross sales & industry construction for ITL mentioned: “The test was recently conducted by Deutsche Bundesbank and determined that the SMART Coin System (and Twin SMART Coin System), could reliably detect the counterfeit euro coins most frequently removed from circulation at the time of testing.”
ITL’s SMART Coin System is a bulk coin validator, blended coin hopper and recycler in a single. The unit validates, discriminates and retail outlets blended cash, getting rid of coin hunger & the desire for a couple of hoppers. It is designed to seriously scale back assortment prices and make stronger operator cashflow.
Concluding Thorsten mentioned: “We are proud to have passed the ECB’s strict testing process with the highest level possible. Across our whole product range, we are constantly developing our global currency dataset files to ensure we maintain our leading acceptance rates, adding new coins as they are introduced. Well done to all the team involved in this impressive achievement.”
The take a look at effects are printed to assist manufactures make a choice the counterfeit detection apparatus best suited for his or her wishes.
