The Hidden Cost of Counterfeit Currency for Small Business Owners

The Hidden Cost of Counterfeit Currency for Small Business Owners

Counterfeit bills have been part of American commerce since the first paper currency circulated in the 1860s, but the problem has not gotten simpler. A few years ago, a diner in rural Ohio lost over $400 in a single weekend to fake twenties that slipped past two employees. That kind of loss cuts deep for a small operation, and it is almost always preventable. The fastest fix most businesses find is a fake money checker at the point of sale, which takes under a second per bill and flags counterfeits before they enter the register.  For retailers who handle significant cash volume, Carnation Enterprises has become a go-to source for these tools, with a range of devices suited to everything from corner stores to busy box offices.… Read More