App to verify currency notes rolled out by Chkfake

By using Chkfake, one can verify the authenticity of the new notes as well as old currency of Indian Rupees anytime and anywhere.

By Sandeep
|

Chkfake Brand Protection Solutions Pvt. Ltd. a startup company which works on protecting consumers from fake counterparts launches "Chkfake"app. The app is a global platform using which a consumer can check authenticity of any major currency notes across the globe. Chkfake's aim is to provide protection to the consumers from counterfeits, which is benefiting all stakeholders from consumers to businesses to governments.

App to verify currency notes rolled out by Chkfake

 

Commenting on the launch of Chkfake app, Mr. Tanmay Jaswal, Director and Co-Founder, Chkfake said, "Chkfake is an online platform that allows anyone to check for authenticity of any major currency across globe. Available as an app on iOS and Android, it can be downloaded free of charge. The fastest growing industry worldwide is counterfeiting.

App to verify currency notes rolled out by Chkfake

Counterfeit value worldwide is estimated at $1.7 trillion, making it the 10th largest economy globally!Currency notes of all major economies are constantly being targeted by counterfeiters. Chkfake is the single point destination to detect fake currency and can be accessed 24X7 from any location via your Smartphone" he further added.

It is a never ending racquet of distribution of fake currency across the world. The counterfeit currency notes are sometimes printed with high precision which can easily fool ordinary consumer. However, most of the major currencies carry some high security features which are very difficult to copy. It is a mandate for consumers to know what these features are so that they can differentiate between fake currency and original currency notes

App to verify currency notes rolled out by Chkfake

 

The most commonly copied currency notes include U.K pounds, US dollars, Indian Rupee and Chinese Yuan. An economy of a country can be majorly affected if the fake currency notes are not detected.

The Government of India demonetized Rs 500 and Rs1000 rupee currency notes in the country back in November 2016.Huget ques were seen outside the banks and ATM's to get the new currency notes However, there have been news reports of counterfeits of the new Rs.2000 and Rs.500 notes being detected and seized from all over India.

App to verify currency notes rolled out by Chkfake

The Chkfake app comes a blessing in disguise for the consumers. By using Chkfake, one can verify the authenticity of the new notes as well as old currency of Indian Rupees anytime and anywhere. All one needs to do is download the Chkfake app from Google Play Store and Apple Store and can check if the currency is real or fake

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