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Banks face a lot of problems related to cash management these days. We, the Ribao stores, try to bring in solutions that will solve these problems and make lives easy for the bank.
Like any other invention, the money counting machine also has a history. According to the sources, money counting machines were first launched in the United States in the 1920s. The main motto of inventing these machines was to eliminate human errors in the financial sector.
Nowadays, cash counting machines have become a necessity for every organization, including government agencies as well. If we look at the United States, every city has several government agencies such as vehicle management, tax officers, etc.
The transaction paradigm is gradually shifting online, but it is clear that Japanese people love to use cash at least 7 times more than Chinese people. According to an article on Japan's ITmedia website that was released on 17th August, Japanese people love cash transactions 7 times more than Chinese people.