Have your budtenders ever accidentally accepted counterfeit money at your marijuana dispensary? If you’re like most dispensaries then you’re probably lacking a reliable way to detect counterfeit money which is eating into your profits.
In this article we’re going to review four easy ways to detect counterfeit money at your marijuana dispensary. For a more indepth explaination check out this article on detecting counterfeit money.
Detect Counterfeit Money by Touch
Counterfeit bills will have a different feel than authentic bills. One reason for this is because authentic money is printed using proprietary paper that is not sold commercially.
Authentic bills also have areas printed with raised ink, giving the money a three dimensional feel.
By comparing the feel of a counterfeit bill to a known authentic bill you should feel distinct differences in the printed material, the raised ink and even the thickness of the bill.
Detect Counterfeit Money by Sight
Visually compare the suspected counterfeit bill to a known authentic bill. Pay special attention to little details like any blurriness in the ink, incorrect colors or missing details.
The visual details should be sharp and defined, especially around the borders, which can be difficult for counterfeiters to fake.
Counterfeit bills can have dull or even incorrect colors or details.
Detect Counterfeit Money by Security Features
Authentic bills contain a variety of security features that are visible when the bill is tilted.
These security features include…
- A vertical band
- Color shifting or iridescent ink
Checkout this article on the 7 denominations of US currency and the accompanying list of current security features for each bill.
Detect Counterfeit Money by Technology
The final and easiest way to detect counterfeit money at your marijuana dispensary is to rely on proven technology like our Dispensary Automated Cashier.
Our Dispensary Automated Cashier comes equipped with a sophisticated Bank Note Recycler from MEI which is proven to catch counterfeit bills.
Not only does the Dispensary Automated Cashier catch counterfeit bills, but it also allows your budtenders to focus on serving your customers instead of counting cash.
Stop Accepting Counterfeit Money Today
We’ll work with you to analyze your cash handling needs and see if the Dispensary Automated Cashier is a good fit for your storefront.