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SBP introduces mobile app to detect fake currency notes

SBP introduces mobile app to detect fake currency notes | TheNewsTribe.com

ISLAMABAD:  State Bank of Pakistani made easier for people to pick out the fake currency note, TheNewsTribe.com learnt from ProPakistani.com.

State Bank of Pakistan (SBP) launched the mobile application to check the currency note. Latest application easily identify the fake currency note.

In October, SBP warned Pakistani citizens about the presence of fake currency notes being openly circulated in the market.

According to report issued by SBP, fake notes were ones that did not have enhanced security measures in them, a staple feature of notes issued between 2005 and 2008.

“After a rising chorus of public complaints by people who unwittingly got duped into accepting these fake notes, the task for SBP was clear,” state in a report issued by SBP.

Mobile app for iOS devices (iPad, iPhones) and Android educates the users about tell-tale signs behind a real and a fake Pakistani rupee note of any denomination.

Users can select the rupee denomination from the app and see pictures that detail the unique security safeguards built-in the rupee note. Denominations include 10, 20, 50, 100, 500, 1000, 5000 PKR notes.

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