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Turkish Startup Develops Money-Disinfecting ATM
AA ^ | 20.03.2020 | Tolga Yanik, Aysu Bicer

Posted on 03/20/2020 5:38:22 PM PDT by nickcarraway

Company develops money disinfection module on bank ATMs, removing 99% of bacteria, viruses, including novel coronavirus

An Istanbul-based tech company has manufactured a paper money disinfection module for ATMs to remove bacteria and viruses from paper money.

"The module we developed makes all ATMs hygienic and environmentally friendly in 15 minutes," Furkan Erucan, the Co-Founder of Money Shower, told Anadolu Agency.

With instant disinfection technology, we prevent people from being infected by all microorganisms, including the coronavirus, he said.

"There are now 26,000 bacterias of 500 types on average on banknotes circulating in Europe. These numbers are enough to make people sick," he warned, underlining the absence of efforts to disinfect paper money.

"Countries collect paper money, burn them in banknote centers and print new ones to circulate only when major epidemic diseases strike," he said.

He also noted that China is collecting and burning paper money from the market in order to prevent the spread of the virus as part of its fight against COVID-19.

"This disinfection method is quite inadequate," he said.

Erucan explained that the firm had previously developed the idea once they learned that ultraviolet (UVC) light eliminated bacteria and viruses.

He and the firm's co-founder, Kubra Karakoc, sough to improve UVC light technology and test it on ATMs, obtaining patent rights.

"We sell products to one of Turkey's leading banks," he said, adding that after pilot trials, the company aims to integrate the model into ATMs of major banks 2023.


TOPICS: Business/Economy; Health/Medicine; Local News
KEYWORDS: money; startup; turkey

1 posted on 03/20/2020 5:38:22 PM PDT by nickcarraway
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To: nickcarraway

Money Laundering


2 posted on 03/20/2020 5:40:00 PM PDT by Phil
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To: nickcarraway

Furkan A.


3 posted on 03/20/2020 5:44:57 PM PDT by rfp1234
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To: nickcarraway

Literal money laundering. Smart move. I don’t even like to think about where paper money has been; especially $1’s. Yikes.


4 posted on 03/20/2020 5:49:01 PM PDT by cdcdawg ("Americanism, not Globalism, will be our credo." DJT 2016)
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To: nickcarraway

They’re experts at cleaning money. They’ve laundered billions for ISIS.


5 posted on 03/20/2020 5:51:02 PM PDT by dangus
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To: nickcarraway

I’d think you’d want the sterilizer to be IN ATMs, not on them, in order to sterilize money.


6 posted on 03/20/2020 6:00:19 PM PDT by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: nickcarraway

Wonder of USPS disinfects mail? You know, those payments and cards I do at my kitchen table, those envelopes I lick, that get processed and bundled with all the other mailings, then handled by my carrier...


7 posted on 03/20/2020 6:02:58 PM PDT by polymuser (It's discouraging to think how many people are shocked by honesty and so few by deceit. Noel Coward)
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To: nickcarraway

8 posted on 03/20/2020 7:09:20 PM PDT by 4Liberty (BERNIE SANDERS: A CRUSTY, ANTI-AMERICAN WEIRDO. - Kurt Schlichter)
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To: nickcarraway

I’d hate to see what it does to Armenian, Greek or Kurdish money... Destroy it, and then say that it never happened, and don’t you *DARE* question them about it...


9 posted on 03/20/2020 7:36:33 PM PDT by Kriggerel ("All great truths are hard and bitter, but lies... are sweeter than wild honey" (Ragnar Redbeard))
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To: rfp1234

Watch your language!!!

\sarc


10 posted on 03/20/2020 9:58:38 PM PDT by fishtank (The denial of original sin is the root of liberalism.)
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To: nickcarraway

We probably all should be washing our money. I was thinking that just a couple of weeks ago.


11 posted on 03/21/2020 12:43:37 AM PDT by Flaming Conservative ((Pray without ceasing))
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To: nickcarraway
Great idea. Might work just as well to have one central disinfectant machine, and treat all money coming into the bank - and therefore, all money going out of it.
12 posted on 03/21/2020 6:21:13 AM PDT by conservatism_IS_compassion (Socialism is cynicism directed towards society and - correspondingly - naivete towards government.)
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