Selective release MICR mechanism

Details Selective release MICR mechanism Selective release MICR mechanism

1997-10-06

2000-12-05

Frech, Karl D.

Registers

Systems controlled by data bearing records

Banking systems

235449, 382139, 382320, 400 73, G06F 1760

Patent

active

061554839

ABSTRACT:
A point of sale (POS) receipt printer that includes a selective release mechanism that converts the printer into a check account verifying machine. The conversion mechanism magnetizes and selectively reads the account and bank information from existing magnetic characters on a check presented face-up to the receipt printer. The mechanism includes a magnet to magnetize the characters and a read head to read and analyze the signal waveform from each character. The check is pressed up against the read head and the magnetic characters are read only after the printing carriage of the receipt printer has moved to a dead zone within the printer housing.

REFERENCES:
patent: 4758714 (1988-07-01), Carlson et al.
patent: 5484988 (1996-01-01), Hills et al.
patent: 5613783 (1997-03-01), Kinney et al.
patent: 5789727 (1998-08-01), Teradaira et al.
patent: 5865547 (1999-02-01), Harris et al.
patent: 5867585 (1999-02-01), Myers
patent: 5925865 (1999-07-01), Steger
patent: 6085973 (2000-07-01), Chupka et al.
patent: 6089450 (2000-07-01), Koeple

Affiliated with

Also associated with

Rating

Selective release MICR mechanism does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Selective release MICR mechanism, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Selective release MICR mechanism will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-953432