Automated teller machine dispenser of debit cards

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

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705 17, 705 35, 705 39, 705 42, 705 43, 705 44, 235375, 235379, 235380, 235381, 379 9101, 379114, 379144, G06F 1760, G06F 708

Patent

active

061050091

ABSTRACT:
An automated machine for dispensing debit cards that includes an automated teller machine (ATM) with input and output capabilities and a dispenser for debit cards that include each one unique identification number on a storage member thereon. A user enters his or her particulars and those of the transaction which are merged with one of the unique identification numbers and transmitted to a remote computer facility that acts as a clearing house for the users' transactions. The remote facility includes input and output means to communicate with the debit card dispenser and the associated circuitry to obtain the identification numbers of the debit cards being dispensed and the particulars of the users and the transactions. Adequate software is provided in the remote facility to permit users to accesss the same line of credit opened for one or more debit cards so that different users can remotely access and affect one or more lines of credit.

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