Counterfeiters Turn their Attention to Polymer

It was only a matter of time! One of the claimed benefits of polymer is that it is more resistant to counterfeiting and hence more secure, and the figures bear that out.

But some argue that the reason for lower incidents of polymer counterfeits is that, with 95% of the world’s banknotes still produced on paper, criminals will follow the path of least resistance and target those currencies with the greatest potential returns.

Or to put it another way, they won’t bother with polymer because there isn’t enough of it around to make it worth their while. There may have been an element of truth in that in the early days, but not today, with more countries now adopting polymer. And needless to say, the rise in polymer adoption is also bringing a rise in counterfeits.