Turkish start-up develops money-disinfecting ATM

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 Eruçan, the Co-Founder of Money Shower, told state-run Anadolu Agency.

With the "instant disinfection technology," the module prevents people from being infected by all microorganisms, including the coronavirus, according to Eruçan.

"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. He also said that there is an absence in 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.

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

Eruçan 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, Kübra Karakoç, sought 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.

Eruçan also added that after pilot trials, the company aims to integrate the model into ATMs of major banks by 2023.