Method and apparatus for electronic cash transactions

Details Method and apparatus for electronic cash transactions Method and apparatus for electronic cash transactions

1993-10-26

1995-08-01

Evans, F. L.

Registers

Systems controlled by data bearing records

Credit or identification card systems

902 22, G06K 500

Patent

active

054381843

ABSTRACT:
A paystation device adapted to be coupled to a transaction terminal for carrying out a transaction between a seller and a buyer using a smart card having a cash token value stored therein and having a current cash token value. A smart card interface accepts insertion of a smart card for reading a current cash token value stored therein and for writing a new cash token value thereto. A display device displays cash amounts. A communication interface communicates data messages between the paystation device and the transaction terminal. A programmed control unit is coupled to and operates the smart card interface, the display device, and the communication interface.

REFERENCES:
patent: 4722054 (1988-01-01), Yorozu et al.
patent: 4877947 (1989-10-01), Mori
patent: 5012077 (1991-04-01), Takano
patent: 5017766 (1991-05-01), Tamada et al.

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