Tellermate has unveiled the PoundMate counterfeit note detector, said to be the first of its kind as it’s able to detect the security thread in sterling notes and decipher the unique magnetic code embedded in the thread.

Cashiers pass the notes through the detector and a green light and audio signal confirm the authenticity of notes while a red light and audio alarm alert cashiers to suspect notes.

PoundMate runs from mains or internal rechargeable battery, and would be able to take euro notes should the UK adopt them.

01633 637 240