More and More people are pulling out the plastic when making everyday purchases. Debit and credit cards are being used to pay for everything from coffee to cars. But in spite of plastic for purchases increasing, the demand for banknotes is actually growing each year. Besides the familiarity and convenience of paying with good old fashioned cash, bank notes are in high demand due to rising prices, population growth, increased economic activity, and the increasing amount of portable ATM machines. People still use bank notes as a matter of security as well, because cash transactions don’t require any personal information disclosure, and therefore there’s no risk of identity theft. Cash also provides a type of payment finality. Once the cash is over the counter the item is yours with no outside interaction from a credit company or bank.
Human civilization’s long history with paper money provides a certain confidence in making cash payments, however this confidence relies on the central bank to control the inflation rates and provide security against the threat of counterfeiting. Making secure bank notes is essential to the success of a currency. Fortress Paper develops innovative security features embedded into their Landqart banknote paper. The security technology used by Fortress in banknote production is trusted by Switzerland and ten other countries, helping maintain consumer confidence in banknotes around the world.