Will You Actually Be Able to Use The New $20 Note?

The new $20 note has hit circulation in Australia.

But will machines accept it?

When the new $5 note was introduced in September 2016, there were issues with machines, such as self-service checkouts and vending machines, not accepting the new bill.

Mary Reibey is portrayed on one side. Image: RBA

There have since been two more notes rolled out, the $10 in September 2017 and $50 in October 2018, and the Reserve Bank of Australia is confident this latest currency rollout will be without the same hiccups.

READ MORE: Check Out The New-Look $50 Note Now In Circulation

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The RBA estimates that there are around half a million banknote-handling machines across Australia, such as ATMs, self-service checkouts and vending machines.

It said rolling out the new notes has been a "significant logistical exercise" for companies and individual businesses.

"The Reserve Bank continues its engagement with manufacturers and owners of banknote-processing machines to help ensure the machines are ready for the launch of the new $20 banknotes," the RBA said in a statement to 10 daily.

There are an estimated half a million machines that use banknotes in Australia. Image: Getty

Machine manufacturers have had access to test material since November 2017, and production banknotes were made available a year later.

"In addition, companies operating these machines have been able to access banknotes to check machine readiness around two months prior to issuance," the RBA said.

Australia's biggest supermarket chains have made sure they are ready on day one.

Woolworths told 10 daily its self-service machines are "ready to go" ahead of Wednesday's launch.

"All self serve check-outs across the Woolworths Group have received software updates in preparation for the new $20 notes," a spokesperson said.

"We've undertaken thorough and rigorous testing ahead of the new tender's launch and our self serve check-outs are ready to go."

Coles and Woolworths said they are ready for the new note. Image: Getty

Coles said its self-service machines have also received a software update.

"We have implemented a software update and tested the new notes in-store and everything is working," it said in a statement to 10 daily.

"All of our checkouts will function as normal with the new $20 notes."

The RBA's 'Next Generation Banknotes Program' has been focused on improving counterfeit technology, as well as making them easier for the vision-impaired community to recognise each one.

The new notes have 'tactile' bumps in the corner representing each denomination -- the $20 will have three bumps.

READ MORE: Blind People To Get First Feel Of New $50 Note With 'Raised Bumps'

The new security features include a top-to-bottom clear window, that has pictures of a flying bird and a reversing number.

There is also a patch in the corner with a rolling colour effect.

Reverend John Flynn is portrayed on the $20 note. Image: RBA

To minimise the disruption to businesses and recognition fo the notes, the colours, size and people portrayed have been kept the same.

The $20 celebrates Mary Reibey, a convict who "broke out of rigidly defined social norms to earn a reputation as an astute and successful businesswoman" the RBA said.

On the flip side, the pioneer of the Royal Flying Doctor Service, Revered John Flynn, is remembered.

Microprint print of excerpts from his book 'The Bushman's Companion' and the names of Reibey's ships are also included on the note as a security measure.

The next note out is the $100, which is expected to enter circulation in October 2020.