Method of processing monetary transaction data by batch off-load

Details Method of processing monetary transaction data by batch off-load Method of processing monetary transaction data by batch off-load

1997-03-10

1999-02-09

Lee, Michael G.

Registers

Systems controlled by data bearing records

Credit or identification card systems

705 1, G06K 500

Patent

active

058698256

ABSTRACT:
The present invention provides a method, device and system of monetary transaction processing. The method includes the steps of entering and recording on the portable, self-powered, hand held monetary transaction processing device a plurality of monetary commitments consisting of a numerical amount and indicia read from an information bearing card. The method includes the step of batch off-loading of the data from the portable, self-powered, hand held monetary transaction processing device to a second device. Recordation of a plurality of monetary transactions is uninterrupted by verification of validation and/or authorization.

REFERENCES:
patent: 5303393 (1994-04-01), Noreen et al.
Romano, William, Non-profit software package directory (Buyers Guide), fundraising, management, v21, n8, p32(16), pp. 1-41, Oct. 1990.

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