CCL Secure Targets Note/Coin Boundary with SPARTAN

CCL Secure has unveiled SPARTAN™ – an ‘ultra-durable’ new polymer substrate that has been designed specifically to provide a new option for central banks and issuing authorities who have low denomination, high transaction velocity denominations that sit on the cusp of the note/coin boundary.

(The name is a nod to the citizens of the ancient Greek city of Sparta, who were known for their toughness and as ruthless warriors).

These are paper banknotes that suffer from fatigue and require replenishing more frequently and, says Dr Tim Berridge, CCL Secure’s Director of R&D, Marketing and Design, ‘until now, the only real alternative to the increasing cost of low denomination, high transaction velocity paper notes has been to move to coin – with all the expense and long, complex discussions with stakeholders that such a move entails. SPARTAN offers an easier and more affordable option’.