Boots – shoes – and leggings
Patent
1988-08-23
1990-05-15
Smith, Jerry
Boots, shoes, and leggings
34082529, 34082533, G06F 1521, G06F 1300
Patent
active
049263250
ABSTRACT:
Financial transactions between buyers and sellers are carried out using at least one facsimile machine improved in accordance with the invention both to transfer electronic funds data among the buyer, seller and an authorizing institution and to print transaction records. Each buyer and seller is provided with an identification module, which may be in the form of a card of a mechanical key containing an integrated circuit "chip" that is inserted into a receptacle provided in the facsimile machine. Each module stores data corresponding to an account number, transaction summaries, an account balance, signature and other information. The machine in turn contains circuitry to communicate bidirectionally with the identification module and, via telephone lines, with modules provided at other facsimile machines. In a "local" mode of operation, buyer and seller modules are placed into communication with each other at a single facsimile machine which authorizes and carries out a requested transaction between the modules, and prints out a transaction record. In a "remote" mode of operation, modules at remote facsimile machines communicate with each other via telephone lines, with a transaction record being printed at each end. In an "upload" mode, transaction data accumulated at each machine is transmitted to the authorizing institution.
REFERENCES:
patent: 3652795 (1972-03-01), Wolf et al.
patent: 4277837 (1981-07-01), Stuckert
patent: 4305059 (1981-12-01), Benton
patent: 4341951 (1982-07-01), Benton
patent: 4454414 (1986-11-01), Benton
patent: 4594663 (1986-06-01), Nagata et al.
patent: 4625276 (1984-06-01), Benton
patent: 4661857 (1987-04-01), Kondo
patent: 4699532 (1987-10-01), Smith
Benton William M.
Mee William
Hayes Gail O.
Moneyfax, Inc.
Smith Jerry
LandOfFree
Apparatus for carrying out financial transactions via a facsimil does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Apparatus for carrying out financial transactions via a facsimil, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Apparatus for carrying out financial transactions via a facsimil will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-626420