logical on his ass.

I see places using those marker pens all the time on everything that's a twenty or bigger.
I don't know how they work or how well they work. But I would think just looking for the
watermark would be good enough, that or the security stripe.

according to the video in the link. As others have noted, though, the pen doesn't catch everything. They need to look at the watermark and the plastic strip. Those are much harder to fake.

This guy will lose more business with this form than would lose money with the fake bills.

A long shot I know.

Say he takes 3 of them in a day and one is bad...how does he determine which customer to call?

those pens are dirt cheap, and they work just fine at the point of acceptance..

sounds like he needs to take 5 minutes and train his employees...or put ONE person in charge of collecting the money, and make sure they know how to check the bills

Evidently he wants the customers to train them also.

The pens only detect if the paper has cotton in it. Most paper is made from wood pulp. Counterfeiters bleach real $5 bills and print fake $100 bills with them. The paper then feels the way it should. I think the $5 and $100 bills have the security strip close the same place on the bill so if held up to the light and not examined closely it could fool someone.

These bills really do not stand up to close examination however. This restaurant owner is dealong with it using identification. The problem with that is that they coild provide false IDs. That might be a hassle though, and that is what he is counting on. The reason it works for him is that all he has to do is to get them to pass the bills at some other place.

So this sounds like a great plan, I'm sure no one will mind showing ID to pay with cash.

There are simple ways to check if $100 are real or not.

The markers dont always work.

One of the new ways to counterfeit money is to take five dollar bills - the lowest denomination that has the band inside- and bleaching them, and reprinting them as 20's, 50's, or 100's.

Since the paper used is from an actual 5 spot, these fake bills pass the marker test, as well as when you hold them up to the light to look for the band inside.

I finally broke down and bought a real printer that won't empty the ink after 80 fucking pages...

Put HP to the test?

so you also have to make sure the holographic photo of the President on the bill matches up too.

Why should the small business person be out the money?

The business is out the swipe fee on card transactions. Not as bad as losing $100 on a counterfeit, but more prevalent.

A hundred is legal tender. Period. Check the watermark of Franklin and run a pen over it. What's the big deal?

same with the $50. All I ever have in cash is the $20's the come out of the ATM and change from those $20's.

More often than not I'm paying with debit or credit in any case.

The site wouldn't open and I'd like to know if we can expect more of this .I see very few hundred dollar bills since the auto teller started replacing bank jobs 30 years ago someone has to go into a bank and make a withdrawal to get 100$s
I mourn the days of cash but that subject could start a convenience war.