ZZap Blog

How Much Can You Legally Pay In Coins?

Of the many weird questions people ask about money, this is one you probably hear the most: How much can you legally pay in change. And, if all coins are legal tender, why is there a limit in the first place? You’ve probably heard about the story of when Samsung paid Apple its $1bn fine …

How is money made in UK

How are Coins Made?

Do you ever look at your change and think: “how are those coins actually made?” How our money is made is an important part of understanding both their security against forgery and the coin’s place in our society. The shape and size of our coins, as well as what is displayed on them are all …

Where Do Companies Keep Their Money?

Where Do Companies Keep Their Money?

For the shop till to a mysterious Swiss bank account, companies keep their money all over the place. Cash flow is the lifeblood of all businesses, from the smallest local grocer to a multinational corporation. It’s important therefore, to make sure it is kept somewhere that is both safe and accessible. Most B2B businesses don’t …

Look out for fake money in busy bars

How to Spot Fake Money

Understanding how to spot fake money is an important skill for anyone who handles cash. In addition to supporting crime, failing to spot fake notes could have a serious impact on your business. At any one time, there are around 3.7 billion banknotes in circulation, with a face value of around £70 billion. Of these, …

The History of Money

How did we get to the point where we would work 8-10 hours a day for flimsy rectangles of plastic? When you stop to think about, the value of the money you’re paid isn’t in its physical worth. It’s in its theoretical value. A common statement you hear is “money has value because we agree …