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
DIP switches on the internal circuitry.
Optical sensing 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
pixelated—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.
GMR sensor proximity detection The particles in the ink on many countries' currency have
ferromagnetic properties, including some elemental iron. The magnetic composition of the ink may be provided by
carbon nanofoam in an amount of from 0.1 to 45 percent by weight of the total composition. 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. The purpose of the biasing magnet in this case is to achieve a controlled orientation of the
magnetic moments of the ink particles, resulting in a maximum and recognizable magnetic signature. Reversing the magnetizing field can actually invert the signature.
Physical attributes 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 to their thickness. Miniature transducers, approximately 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 these applications. Operating ranges are available from ± 0.005" to ± 1.00", divided into eight intermediate strokes. == Banknote acceptors ==