CASH COUNTING

MACHINE

Cyrell Tristan Layug

Aloha Mae Tapaoan
Camille Gorospe
Angel Bayag
What is a cash
counting machine?
A cash counting
machine is a device
primarily designed to
accurately count a
quantify of banknotes.
A modern electronic note counter with counterfeit detection capabilities
A modern electronic coin counter with a dual optical sensor system
How does cash counting machine work?
How does a cash counter work?
Who invented cash
counters?
KOKUEI (GLORY LTD)

- developed the first coin

counting machine.
- headquartered in Japan
ZHI TIAN SEI

- Chinese banker
- first inventor of bill
counting machine.
EDGAR BISS

- founder of Tellermate
- created the first
count-by-weight
money counting
machine
 HISTORY OF AUTOMATIC BILL
COUNTING MACHINE
The Federal Bill Counter Company of Washington, D.C.
produced the first automatic bill counting machines (or
1920’S money counting machines) in the United States in the
1920s. These machines were designed to increase
efficiency in tellers at the Federal Reserve Bank and
reduce human error.

It was in the only in the late 1950s that the true

1950’s currency-counting machine was invented by a
small-time banker Zhi Tian Sie in China, who invented
it to win a contest.
 Modern counting machines employ a technology
1962 developed and introduced in 1962 by Tokyo Calculating
Machine Works of Shinagawa, Tokyo. It quickly became
the market leader in terms of increased speed and
accuracy.
In 1981, the REI High-Speed machine introduced
computerized friction note counters, which sped up note
1981 counting to 72,000 notes per hour and eliminated the need
for manual sorting and counting entirely. 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, and
so on) to identify counterfeit and damaged notes.
 Importance of Bill Counting Machine

● It reduces counting errors and helps to ensure

that your accounts are accurate
● Can detects counterfeit money
● Saves time and resources
● Business’s productivity will rise
 REFERENCES

● https://www.logiscenter.eu/news/first-money-counting-machines-history
● Wells, Donald (2004) The Federal Reserve System: A History (Chapter
6) New York: Digital Vision
● https://www.scienceabc.com/innovation/how-do-currency-cash-note-mon
ey-counting-machines-work.html
● https://www.tellermate.com/us/news-and-resources/count-by-weight-cas
h-counting-machines-outweigh-friction-counters/
 THANK YOU FOR
LISTENING AND GOD
BLESS!