Data transfer system and data transfer terminal device

Details Data transfer system and data transfer terminal device Data transfer system and data transfer terminal device

1996-12-16

1997-11-25

Pitts, Harold

Registers

Systems controlled by data bearing records

Banking systems

235380, G06F 1760

Patent

active

056915250

ABSTRACT:
In a financial transaction data processing system, plural host computers maintained by banks and containing bank account information are interconnected by a communications network, and plural automated teller machines are connectable to the plural host computers. Portable data carriers are provided each containing a non-volatile memory for storing money balances. Also, at a wholesaler location or the like, a terminal device connectable to at least one of the host computers is provided. The portable data carriers are insertable into the automated teller machines to transfer money from a bank account to the portable data carrier inserted in the automated teller machine. Also, the portable data carriers are insertable into the terminal device to transfer money from the inserted portable data carrier to a memory of the terminal device. Accumulated transactions in the terminal device are stored on another portable data carrier which is then taken to an automated teller machine to transfer the money from the portable data carrier to a bank account of the wholesaler or the like. Also, verification of the transaction is effected by transmitting data from the terminal device to a connected host computer.

REFERENCES:
patent: 4007355 (1977-02-01), Moreno
patent: 4454414 (1984-06-01), Benton
patent: 4709136 (1987-11-01), Watanabe
patent: 4709137 (1987-11-01), Yoshida
patent: 4745265 (1988-05-01), Douno et al.
patent: 4877947 (1989-10-01), Mori
patent: 5120945 (1992-06-01), Nishibe et al.
patent: 5175416 (1992-12-01), Mansvelt et al.

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