What is a coin processor?

Coin processors are professionals who handle, sort, count, and package coins, typically for banks, armored car services, or cash management companies. Their primary duty is to ensure that coins are accurately counted and prepared for distribution or deposit. Coin processors often use specialized machines to count large volumes of coins efficiently and must maintain high accuracy and attention to detail. They also help identify counterfeit or damaged coins and may be responsible for maintaining records of all coin transactions.