Registers – Record controlled calculators – Machine control
Patent
1975-11-28
1978-02-21
Cook, Daryl W.
Registers
Record controlled calculators
Machine control
340149A, G06K 500, G06F 700
Patent
active
040754600
ABSTRACT:
A cash dispensing system having a central computer and associated memory for maintaining customer account records, a plurality of remote transaction terminals and a communication path connecting the remote terminals with the computer. Each of the remote terminals includes a signal generator for generating data representative of a desired transaction in response to a customer-initiated operation, and for transferring that data to the computer via the communication path. The computer includes means responsive to the transaction data to generate a customer information file (CIF) signal and to transfer that signal to the remote terminal. The CIF signal is representative of a predetermined number associated with the customer. Each remote terminal includes a cash dispensing apparatus which includes a personal identification number (PIN) signal generator, a security device, a PIN signal transfer means, a CIF signal receiving means, and a cash dispenser. The PIN signal generator provides a PIN signal in response to a manual operation performed by a customer, with the PIN signal being representative of a predetermined number associated with the customer and bearing a predetermined relationship to the CIF signal. The security device includes the comparator for generating a DISPENSE signal when an applied PIN and CIF signal bear the predetermined relationship. The PIN signal transfer means provides a direct signal path for the PIN signal from the PIN signal generator to the security device. The CIF signal receiving means provides a means for receiving a CIF signal from the computer by way of the communication path and for transferring that received signal to the security device. The cash dispenser includes a cash storage portion and a dispensing mechanism for dispensing one or more units of the stored cash in response to applied DISPENSE signals.
REFERENCES:
patent: 3588449 (1971-06-01), Paterson
patent: 3657521 (1972-04-01), Constable
patent: 3937925 (1976-02-01), Boothroyd
patent: 3941977 (1976-03-01), Voss et al.
Cook Daryl W.
Incoterm Corporation
LandOfFree
Cash dispensing system does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Cash dispensing system, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Cash dispensing system will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-128054