Money counting machines are a great ally for businesses that use cash, as they save a lot of time. There are automatic Money Counter for both coins and bills, a great step forward in avoiding having to calculate cash manually.

This tool is usually found in shops, banks, real estate agencies, and many other places; we can also find them integrated into ATMs. Several years have passed since it was invented until now, when we can find it in our daily lives. Let's see what the history of the money counting machine is.

Why Businesses Trust BVS:

• 10+ years of experience in cash handling solutions.
• Certified technicians for installation and repair
• Global currency support (60+ currencies)
• 24/7 emergency support in Cairo.
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The first machines

The idea was first put into practice in the 1950s, when the Japanese company Kokuei (now called Glory) developed the first coin counter. The aim of this invention was to make the tasks of bank employees easier and faster.

Its operation was simple: it had an inner disk that rotated thanks to a crank to transport the coins to the edge. The mechanism differentiates them by their size to perform the counting.

Meanwhile, other companies were developing similar ideas, such as De La Rue - which was renamed Talaris and was eventually acquired by Glory.

What is a Money Counter?
A money counter is a device that automates cash handling using UV, MG, CIS, and IR sensors to count bills rapidly and detect counterfeits. BVS offers advanced models like the Total Banking Solution 1001 for businesses in Cairo.
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Evolution of money counting machines

Shortly after the coin counter came the bill counter. In the beginning it only counted the number of bills inserted, until the device evolved and incorporated the technology that allows it to count the sum of money.

Over the years, money counting machines have evolved with the incorporation of new technologies, which complement their function and solve other problems that arise. Likewise, the speed and precision of the counting improves with their updates.

How to Use a Cash Counter for Mixed Currencies?

• Insert bills into the input tray.
• Select multi-currency mode (supports USD, EUR, EGP, ...Etc.).
• Use the 3D thickness sensors for plastic/old notes
• Review totals on the LED display.
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Current money counting machines and their uses

An automatic coin counter consists of a small electronic hopper that mechanically counts the money added. It separates the coins by diameter so that they can be counted and thus prevent tampering.

Instead, the bundle must be placed on the Cash Counter so that the motor - which is located at the bottom - activates the roller. This rotates and feeds the money into the machine so that a second roller can count it. The banknotes will fall into the stacker.

This tool, in addition to counting, offers other services. Some help verify that the money inserted is real, that is, they warn of any counterfeits that may have been added. There are also other types that classify coins or bills, very useful when sorting the cash register with change, for example. There are even models that accept multi-currency or that detect damaged or deteriorated bills and coins .

Why Use a Bill Counter for Your Business?

• Counts 1,200 bills/minute for faster cash reconciliation
• Detects counterfeits with dual CIS sensors (up to 99.9% accuracy).
• Compact design fits small spaces (only 14kg weight)
• 30X Faster than ordinary manual counting
• Free maintenance for the first 1 year with BVS.
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