Point-of-sale device particularly adapted for processing checks

Details Point-of-sale device particularly adapted for processing checks Point-of-sale device particularly adapted for processing checks

1989-06-06

1991-10-01

Trafton, David L.

Registers

Systems controlled by data bearing records

Banking systems

235432, 902 18, 902 39, 364406, G06F 1530

Patent

active

050536079

ABSTRACT:
A check processing device is particularly adapted for retailer/customer use at the point-of-sale through use of a MICR read head means, printer means and keypad means which feed information into a CPU which communicates, through an existing telecommunication system, with the customer's bank and the retailer's bank in order to transfer funds from the account of the customer to the account of the retailer.

REFERENCES:
patent: 3786421 (1974-01-01), Wostl et al.
patent: 4027142 (1977-05-01), Paup et al.
patent: 4404649 (1983-09-01), Nunley et al.
patent: 4439670 (1984-03-01), Bassett et al.
patent: 4453074 (1984-06-01), Weinstein
patent: 4617457 (1986-10-01), Granzow et al.
patent: 4678895 (1987-07-01), Tateisi et al.
patent: 4810866 (1989-03-01), Lord

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