Top 10 Best Money Counter Small Business

As a small business which handles plenty of money in cash format, you need to have a money counter on your sales counter. Research shows that customers who buy goods and services from small and medium-sized businesses are more likely to pay in cash rather than by electronic cash formats such as credit cards or mobile money. This presents a challenge for owners of such businesses though.

Counting large amounts of cash by hand inevitably leads to human errors and can lead to considerable losses for the business. What is more, it is possible that some of the money received may be in the form of counterfeit bills. A good money counter will virtually eliminate both risks while costing you very little in a one-off investment.

Money Counter Buying Guide for a Small Business

As the owner of a small business, these are the most important questions which should guide your purchase as you shop around for the best money counter.

1. How Many Bills can the Counter Count in a minute?

The very purpose of investing in a money or bill counter is to help save time and inaccuracies which result from counting bills by hand. All money counters have a designated speed expressed in the number of bills they can count in a minute. While most counters have speeds that meet and exceed the requirements of small businesses, it is not worth considering a bill counter with speeds of less than 1,000 bills per minute.

2. Does the Counter Have Counterfeit Detection Sensors and are they Reliable?

Being able to detect any counterfeits in the bills being counted is an essential feature of a money counter. To ensure that the counter is completely foolproof, look for one which combines UV and MG (magnetic strip) detection as a precaution.

3. Is it Possible to perform Batching and Adding of Values?

In addition to counterfeit detection, the other special feature of the best money counters is the ability to add up the total value of the currency. It is even more useful if you can batch the money being counted in various denominations with the counter providing the total value after all the money has been counted.

4. Is the Counter Likely to Jam?

A good money counter should be able to count cash bills quickly without unnecessary stoppages. This depends on the design of the loading hopper and the bill path as the bills are counted and checked for counterfeiting. Understandably, the newer the bills you are counting, the less likely it is that they will jam in the mechanism. On the other hand though, older well-used bills are unlikely to counterfeit.

5. Does the Counter Have Self Diagnostic Mechanism Inbuilt?

As a business owner, you cannot afford the risk of working with a malfunctioning bill counter even if the lapse may last just a couple of hours. By the time you uncover the fault, you may already have run up huge losses. This is why the best money counters are fitted with self-diagnostic mechanisms to ensure they are fully functional before the money counting begins.

10. G-Star Technology Money Counter With UV/MG/IR Counterfeit Bill Detection (Standard)

With its energy saving capability and failsafe counterfeit detection capabilities, this money counter is a great investment for any small business which handles plenty of cash. It can count up to 1,000 cash bills or notes a minute and all the while examining that the bills are authentic. It is also fitted with a clearly visible LED panel display to show the number of bills in a stack.

09. Kolibri Money Counter with UV Detection and 1-year Warranty

Backed by a one year manufacturer’s warranty, this bill counter is one of the most complete devices in its product line. Using a short and smooth bill path means jams are unlikely ever to happen if at all. It is also easy to customize to count the bills you have as the case may be. The counter is also compact enough to cause no trouble finding a place for it on a counter where space is at a premium.

08. HFS Bill Money Counter Worldwide Currency Cash Counting Machine UV & MG Counterfeit

This Hardware Factory Store is a self diagnosing cash counting machine with a rich set of features and performance elements. It is very versatile, counting notes in a variety of denominations and in multiple currencies. It has a clear, backlit LCD screen for display purposes. This particular model is the deluxe style counter but it is also available in the standard style.

07. G-Star Technology Money Counter With UV/MG W/Counterfeit Bill Detection

This is the deluxe version of the award-winning G-Star Technology money counter. It is excellent for counting notes of all denominations and currencies. It is also very efficient in power consumption whether counting or in idle modes. Using a combination of ultraviolet and magnetic sensors, it offers a virtually foolproof means to count money and detect any counterfeits.

06. Cassida Bill Counter (5520UV) Counts 1,300 bills per minute

Fitted with a set of reliable ultraviolet (UV) counterfeit detecting sensors, this money counter will be an indispensable piece of equipment for your budding business. It is capable of counting 1,300 bills per minute, saving you time and effort in a business with a high rate of turnover. It has several operating modes including a programmable batch preset. It is fitted with a set of self-lubricating bearings so that counting is reliable and smoothly efficient. The counting is also made more efficient owing to a snap open front cover as well as a self-diagnostic startup procedure.

05. Cassida 6600 UV Business Grade Currency Counter

With the capacity to count up to 1,400 cash bills in a single minute, this is a real time saver for your business. With a top loading hopper designed to hold up to 400 bills at a time, you are all set to enjoy a new dimension when it comes to efficiency and reliability in handling cash. As with other Cassida cash counters, you can also set the machine to total up the value of the bills. It has a twin set of sensors utilizing ultraviolet (6600 UV) and magnetic (6600 UV/MG) sensors to detect any counterfeit bills. This increases accuracy without compromising on the device’s performance.

04. AGPTEK Bill Money Counter with Display/currency Cash Counter Bank Machine

with virtually 100% accuracy not only in counting cash bills but also in detecting counterfeit ones, this money counter is recommended for both big and small businesses. It makes use of both (ultraviolet) and Mg(magnetic) sensors to ensure failsafe counterfeit detection. It is also easy to customize to perform different functions and you can toggle off the counterfeit detection facility if there is need. It meets the best standards of performance used by bank tellers and will be a great addition to your sales counter equipment collection.

03. G-Star Technology Money Counter With UV/MG/IR Counterfeit Bill Detection

Combining infrared and magnetic as well ultraviolet rays for counterfeit detection, this is a money counter that is as versatile as it is invaluable for businesses which routinely handle cash. Its price tag can be deceptive as the features it boasts are often a preserve of pricier models. It is also designed for sheer performance, working up to 6 hours continuously while consuming minimal power and living up to its speed rating.

02. AmzDeal New Money Bill Counter with Bank Machine Counterfeit Detector UV and MG Counterfeit Detection

This is a new money counter with counterfeit detection technology dependent on magnetic and ultraviolet sensors. With automatic self test capability it is guaranteed to cut down on any losses resulting from human error. It is also a very energy efficient device, using up about 65 watts per hour when in operation and barely 3 watts when in idle mode. It can count up to 1,000 bills per minute, increasing efficiency while stemming losses.

01. BlueDot Trading Currency Bill Cash Banknote Counter Detects Counterfeit Notes

This is an efficient and very reliable bill counter for your small business. It is built to the same standards and specifications as the bill counters used at banks by tellers and is therefore reliable as well as versatile in use. You can program it to count different notes provided you place them in appropriate, homogenous batches. It will count the bills and detect any counterfeits slipped in with very high levels of accuracy. Special functions include ability for batching, adding up the total value and self-examination prior to start.

This collection of reviews and shopping guide is designed to help small business owners shop for the best money counters in the industry. In recent years, many improvements have been made in the field of currency handling and now many bill counters come with functionality to detect counterfeits. In some models you can turn off the counterfeit detection feature using a toggle button.

This usually has the effect of increasing the counting speeds and, in some models, it can reduce the noise produced by the counter. Of course, running the money counter without the functionality of detecting counterfeits through UV radiation and magnetic strip sensing also means the devices consume far less fuel than is the case when running at full functionality.

As already established in the opening section of this guide, it pays to consider all the features, functionality and design of each money counter before investing in one. The ten featured money counters included in this comprehensive review have been selected for their performance, compliance to the highest standards in the industry as well as reliability in detecting counterfeits.

They are also versatile enough in that they can be customized to count bills in different denominations and across different currencies from all around the world. While they have been ranked from 10 to 1, this rating is by no means definitive. The best money counter for your business will depend on your specific needs and the budget in hand.

That is why we have not just ranked the money counters but also offered informative guides including the particular pros, cons and detailed features of each product. As such, you can compare them against each other and by the time you decide on which one to purchase, rest assured that your money will prove a great investment for your businesses in the long run.