More counterfeit money in circulation
In the first half of 2019, the Bundesbank withdrew more counterfeit money from circulation – an increase of 2.5 %. The Bundesbank announced that the authorities withdrew around 27,600 counterfeit […]
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Germans hold on to cash
Cash payment at number one – Smartphone overhauls giro card as payment method The Germans are holding on to cash. Especially for small purchases it is the first choice for […]
Procoin and G+D at the CashCon 2019 in Frankfurt
CashCon 2019 – the conference for cash specialists and central meeting place for the cash industry – took place in Frankfurt at the end of January. During two days, top-class […]
New 100 and 200 euro banknotes in 2019
The ECB has presented new 100 and 200 euro banknotes, which will enter into circulation from 28 May 2019. With the new 100 and 200 euro banknotes, the Europa series […]
Procoin celebrates 20 years in business
Procoin opened for business in March 1998 as a company specializing in coin and currency processing technology. We have continuously grown and are now one of the leading players in […]
Procoin continues to grow – move into new premises
After Procoin has joint the international technology group G + D Currency Technology (see: last news), we are now preparing for further growth and even better client services. Since the […]
G+D Currency Technology Strengthens its Coin Business by Acquiring Procoin
Munich (Germany), June 26, 2017 – G+D Currency Technology acquires Procoin GmbH, a German provider of counting, sorting, and packing machines in the coins sector, as well as banknote counters. […]
Retail is to take over fees for credit card purchases
Starting from 2018, paying by credit card will be free for customers. The retailers will then bear the costs, because they can no longer charge extra fees for card payments, […]
How much money is there in the world?
A not so serious question – and a computational answer. The amount of banknotes is increasing all over the world. The love of cash is obviously as great as never […]
1 and 2 cent coins remain in circulation in Germany
In Italy the 1 and 2 cent coins will be abolished. In Germany, on the other hand, the fight against small coins, which started with an initiative on the Lower […]