442:), and Japan Cash Machine (JCM) are two of the largest, each maintaining dominance in a particular market segment. Other notable companies producing this type of equipment include Coinco, Pyramid Technologies, Inc. (PTI), International Currency Technologies (ICT), Alpha CMS (Cash Management Solutions), Astrosys, Pyramid Technologies, Validation Technologies International (VTI), Innovative Technology Ltd (ITL), Global Payment Technologies (GPT) and Jofemar. Recent innovations include remote auditing and reporting by these devices as part of an Automated Cash Handling network for entertainment, banking, retail, casino and other industries.
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321:—that is, their image is made out of small dots. The dots are spaced differently and have different sizes, depending on the note. The optical sensors can look for these different patterns to determine what sort of note has been inserted. Some paper money is also fluorescent: it glows when ultraviolet light is shone on it. Some machines shine an ultraviolet light on the note and measure the glow to help determine the banknote's material composition.
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inches in diameter, offer high accuracy linear measurement in a compact space where size constraints prohibit the use of standard LVDTIs. In addition, the low-mass core is ideal for systems with low driving forces or high acceleration, and therefore will not adversely influence the delicate nature of
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Normal circulation coins eventually collect microscopic particles of dirt, dust, oil and grease from people's fingers. When a coin acceptor is used for a long time, thousands of coins rolling along a track will leave enough dirt, dust, oil and grease to be visible. So the coin acceptor must regularly
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The process involves examining the coins and/or notes that have been inserted into the machine, and conducts various tests to determine if the currency is counterfeit. Because the parameters are different for each coin or note, these currency acceptors must be correctly programmed for each item to be
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The thickness and dimensions of a banknote are tested to ensure they are correct. US bank bills (notes) are 2.61 inches wide, 6.14 inches long and 0.0042 inches thick, and weigh 1 gram. Bills printed before 10 July 1929 were bigger. As the notes pass between the rollers, the voltages vary according
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Also known as validators or acceptors, paper currency detectors scan paper currency using optical and magnetic sensors. Upon validation, the validator will inform the vending machine controller (VMC) or other host device of a credit via a parallel or serial interface. Various interfaces exist for
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Genuine
Federal Reserve notes have a clear polyester thread embedded vertically in the paper. The thread is inscribed with the denomination of the note, and is visible only when held up to light. Each denomination has a unique thread position and will glow a unique color in ultraviolet (UV) light.
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Today, sophisticated electronic coin acceptors are being used in some places that, in addition to examining the mass and size, also scan the inserted coin using optical laser beams and match the image to a pre-defined list, or test the coin's "metallic signature" based on its metallic composition.
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In normal operation, if any item such as a coin, banknote, card or ticket is accepted, it is retained within the machine and it falls into a storage container to allow a member of staff to collect it later when emptying the machine. If the item is rejected, the machine returns the item to the
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customer. If a coin is rejected, it usually falls into a tray or rolls out of a slot at the bottom where the customer can remove the coin. If a banknote, card or ticket is rejected, it is ejected out of the machine so that the customer can remove it from the slot into which it was inserted.
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The basic principle for coin detection is to test the physical properties of the coin against known characteristics of acceptable coins. The coin acceptor identifies the coin according to its mass (i.e. weight), diameter, thickness, metal composition and/or
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Notes are passed over a permanent magnet array and magnetized along their direction of travel. A magnetic sensor located several inches away with its sensitive axis parallel to the direction of travel can detect the remnant field of the ink particles.
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be cleaned properly to prevent malfunction or damage. Coin acceptors are modular, so a dirty acceptor can be replaced with a clean unit, minimising downtime. The old unit is then cleaned and refurbished.
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Optical sensing with a small light detector called a photocell or a miniature digital camera is one of the main techniques that vending machines use. Many countries' banknotes are
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Vending and change machines use several methods of deciding whether a banknote is genuine. Adjusting these settings and the sensitivity of each is programmed via means of
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Some new types of coin acceptors are able to recognize the coins through "training", so they will support any new types of coins or tokens when correctly introduced.
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of the ink particles, resulting in a maximum and recognizable magnetic signature. Reversing the magnetizing field can actually invert the signature.
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There are currently only a handful of companies manufacturing this equipment. Crane
Payment Innovations (joining Crane Payment Solutions and
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these applications. Operating ranges are available from ± 0.005" to ± 1.00", divided into eight intermediate strokes.
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being passed through the acceptor mechanism. Note the pistons that grab the banknote when it detects an insert.
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526:"Magnetic ink composition, magnetic ink character recognition process, and magnetically readable structures"
469:, a genre of 19th century periodical designed to facilitate visual identification of counterfeit bank notes
553:. Plymouth, MN and Eden Prairie, MN: Honeywell SSEC and Nonvolatile Electronics: 14–15. Archived from
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properties, including some elemental iron. The magnetic composition of the ink may be provided by
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The purpose of the biasing magnet in this case is to achieve a controlled orientation of the
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The approximate weight of a note, regardless of denomination is (1) one gram.
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in an amount of from 0.1 to 45 percent by weight of the total composition.
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Device that determines whether notes or coins are genuine or counterfeit
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the host device, including a single-line pulse interface, a multi-line
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408:. Wrinkled or creased notes can cause these machines to reject them.
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602:. US Bureau of Engraving and Printing. 14 May 2014. Archived from
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deal primarily with the United States and do not represent a
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Caruso, Michael J.; C.H. Smith; T. Bratland; R. Schneider.
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The particles in the ink on many countries' currency have
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270:"Coin-op" redirects here. For coin-op games, see
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697:. US Secret Service. April 2008. Archived from
548:"A New Perspective on Magnetic Field Sensing"
146:The examples and perspective in this article
632:"Six Kinds of United States Paper Currency"
64:Learn how and when to remove these messages
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478:Intelligent banknote neutralisation system
387:A typical US validator with a green bezel
202:Learn how and when to remove this message
184:Learn how and when to remove this message
121:Learn how and when to remove this message
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84:This article includes a list of general
656:"LVDT use in ATM to Sense Dollar Bills"
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503:"MONEY IN A BLENDER-A MONEY SMOOTHIE"
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360:Miniature transducers, approximately
665:. Trans-Tek, Inc.: 1. Archived from
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524:Xerox Corporation (Apr 26, 2006).
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529:(EUROPEAN PATENT SPECIFICATION)
53:or discuss these issues on the
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505:. Steve Spangler Science. 2013
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535:. European Patent Office.
452:Automated cash handling
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580:Cite journal requires
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473:EURion constellation
467:Counterfeit detector
357:to their thickness.
166:create a new article
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457:Banknote processing
431:are mounted on the
352:Physical attributes
704:on 8 February 2015
600:"US Currency FAQs"
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394:parallel interface
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379:Banknote acceptors
220:currency validator
692:"Know Your Money"
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272:Arcade game
232:counterfeit
103:introducing
724:Categories
564:2014-05-26
489:References
258:accepted.
242:machines,
111:March 2014
86:references
50:improve it
483:Watermark
319:pixelated
280:magnetism
174:June 2014
162:talk page
56:talk page
730:Currency
446:See also
417:$ 1 bill
400:such as
156:You may
735:Vending
429:cameras
365:⁄
99:improve
708:26 May
676:26 May
637:26 May
613:26 May
509:26 May
402:ccTalk
88:, but
740:Coins
702:(PDF)
695:(PDF)
670:(PDF)
659:(PDF)
607:(FAQ)
558:(PDF)
551:(PDF)
427:Tiny
228:coins
224:notes
164:, or
710:2014
678:2014
639:2014
615:2014
586:help
511:2014
440:MEI
406:MDB
226:or
218:or
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571:{{
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