Anyone who’s worked in retail will tell you that counting money is a pain. Crumpled or disorganized bills are easy to miscount, and coins always seem to get lost. It’s not any easier for people who work in banks or other institutions that have to handle money.
Unfortunately, the stakes in miscounting money can be quite high, so it’s important to have a reliable way to count coins, bills and cheques. That’s where electric cash counters come in.
Electric cash counters were first introduced as practical and efficient cash management solutions in Great Britain in 1980. Modern day cash counters do exactly what you’d think they do: they count money, whether that money comes in the form of cheques, cash or coins.