Are there rfid tags in money

The entry-level product is simply a RFID tag that is overprinted with a bar code or other variable information. This label carries a self-adhesive backing, which is then used to apply to a separate swing tag or product packaging. The integrated swing tag product is either covert or overt. The overt solution applies the tag device to one side of the swing tag.

In either case the swing tag can either be plain unprinted or can carry brand imagery, as well as other variable information on the item for use at point of sale.

Did you know that shoplifting in New Zealand accounts for 1 billion dollars per year? RFID Tags allow you to minimise that loss with a small, simple and cheap device.

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Counterfeit chips have long been a problem for casinos, and houses routinely mark their chips with inks visible only in infrared or ultraviolet light. Embedded RFID tags should make the chips much harder to counterfeit, and placing tag readers at staff exits could cut down on theft by employees. The tags could also help casinos manage large-scale theft. If a large stash of chips goes missing after a table is overturned during an argument, for example casinos sometimes have to change their entire stock.

This is unpopular with gamblers, since any chips that they have not cashed become worthless. RFID tags would allow the casinos to identify stolen chips without the expensive process of restocking.