Archive for November, 2009
History of Banknote Counter
Friday, November 27th, 2009The first automatic bill counting machines (or banknote counting machines) were introduced in the 1920s in the United States and were produced by the Federal Bill Counter Company of
Modern banknote counting machines use a technology developed by Tokyo Calculating Machine Works of Shinagawa, Tokyo and introduced in 1962. It quickly dominated the market for increased speed and accuracy. In 1981 computerized friction note counters were introduced in the form of the REI High-Speed machine,which sped up note counting to 72,000 notes per hour and eliminated the need manual sorting and counting completely. This innovative machine could also sort notes according to their value and remove counterfeit or heavily damaged notes. Many of these features are present in today’s note counting machines, some of which can detect a note’s security features (e.g. magnetic ink, ultraviolet ink, magnetic strip, note density etc.) to identify counterfeit and damaged notes. Other extra features that facilitate everyday contact with cash may also be present. For example, additions functions, batch functions and format recognition.
How Do Friction Note Counters Work?
Friday, November 27th, 2009A feed-in roller below the banknote stack above the counter contacts the lowermost bill. As the feed in roller rotates, it feeds the lowermost banknote to a paying-out roller which grasps the note and rotates at a faster speed. To provide the double feeding of creased bills, low friction flanges are provided on each side of the paying-out roller.Modern electronic banknote counters may have a number of additional note checking features. These bill counters may include the following:Double Note and Chain Note Detection Note Batching Function Counterfeit detection Infra red detection Ultra Violet Detection Magnetic Strip Detection
History of Coin Counter
Friday, November 27th, 2009The world’s first automatic coin counting machines in history were invented by Kokuei Machinery
Manufacturing Co., Ltd. (now named GLORY LTD.) to the Mint Bureau, Ministry of Finance in Japan
in 1950. These machines were designed in purpose of increasing efficiency of tellers in the Mint Bureau,
Ministry of Finance and reduce human error. Later, in 1953, coin-counting machine for banks
are successful developd and introduced into market.
It is the pioneer of the currency processing equipment.
Follow their success, we Suzhou Ribao Technology Co. Ltd. has become a professional high technology company with R&D, production, sales and marketing team. We are concentrated on the business of banknotes, coins handling industry, to provide solution for counting, sorting and authenticating banknotes, coins. Our machines are widely used in banks, supermarkets, undergrounds, vending operations, retail stores, casinos, etc. For more details of our products, please visit www.ribaotechnology.com
Trade Mark “Ribao Technology”
Wednesday, November 11th, 2009We, “Suzhou Ribao Technology“, previous named “Suzhou NIPPO” is a Specialized Manufacturer of Coin Counter & Sorter, Money Counter& Sorter, Money Detector and Exchange Rate Display Board in China since 1996.
We’re registered under Chinese Corporation Law and has been granted import and export license. Our Trade Mark is “Ribao Technology”. It has been registered in International Bureau of the World Intellectual Property Organozation (WIPO) (International Registration No. 980809) in Cash Handling Equipment field. It will be protected in Ireland, Benelux, United Kingdom, Turkey, Hungary, Australia etc. And we’re waiting for the Grant of other countries under WIPO.
