Sunday, November 18, 2012


New $20 bill doesn't work in some vending machines



new20

The most widely used money bill in Canada just got a little bit harder to use.
This article is about several vending machines across the country that usually accept $20-bills but don’t have the necessary software to take in the new polymer $20-bills. The bills go in, and then, the machines just spit them back out immediately. The problem has affected commuters who use Ticket Vending Machines. An example of this is a spokeswoman for GO Transit, said there are about 25 new machines called TVMs that do not accept the polymer bill. The issue was discovered about 10 days ago. People say the new bill is safer, cheaper, greener and has sophisticated security elements that make it “a world first”, but almost to safe. The Bank of Canada is rolling out the polymer bills with enhanced security features to circumvent counterfeiters. New $50 and $100 bills were introduced over the past year, and new $5 and $10 bills are scheduled to debut in 2013. I think that this is a bad start for the new $20 bill and that Canada should have tested it out on TVM's because a lot of people take buses and subway's so if it doesn't work then many people will get angry and start to argue about the new $20 bill's features like being safer, cheaper, greener and has sophisticated security elements that make it “a world first." This doesn't affect me because I don't take the bus or subway, but it does affect some of my family members who live in Toronto that take the Subway to the Jays game or the Raptors. 

1 comment:

  1. I think that is a great way to remember those who have paid the ultimate price and sacrificed their life at war for us. These new bills are very cool because there are water proof, fire proof and very difficult to rip. The one thing I do not like about these new bills is that they stick together very easily and it is very possible to give some $40 dollars instead of $20 dollars. But overall I like the new 20 dollar bills.

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