The acceptance of large denominations, such as one hundred dollar bills, at automated checkouts in retail environments is a significant aspect of modern transaction processing. This functionality allows customers to pay for purchases of varying amounts without requiring assistance from store personnel. For example, a shopper purchasing several items totaling over one hundred dollars can conveniently use a single large bill at a self-service kiosk.
Enabling self-checkout machines to accept higher denominations benefits both retailers and customers. For retailers, it can reduce the need for cashier staff, leading to potential cost savings. It also helps streamline the checkout process, potentially decreasing wait times and improving overall customer satisfaction. For customers, it provides greater autonomy and convenience, allowing for faster and more private transactions. Historically, self-checkout technology began with accepting primarily smaller bills and coins due to technical limitations and security concerns. However, advancements in bill recognition and counterfeit detection technology have facilitated the secure acceptance of larger denominations.
