Check processing method and apparatus

Registers – Systems controlled by data bearing records – Banking systems

Patent

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Details

235449, 902 18, G06F 1760, G06K 708

Patent

active

061095214

ABSTRACT:
A new receipt printer and method for negotiating transactions at the point of sale in retail establishments. The POS printer includes means for reading the account and bank information from existing magnetic characters on a check. The apparatus of this invention flips the check over and reverses its feed direction, in order to change its facial and directional orientation so that the amount of the transaction or other accounting information can be printed on the check, with one check presentation operation. The clamshell design of the printer, with the transport mechanism disposed in a pivotable door, allows for ease of clearing paper jams, should they occur. The door itself has a window through which the user and customer can view the check at all times, as it is read, flipped, and printed on.

REFERENCES:
patent: 4541334 (1985-09-01), Liedtke et al.
patent: 5865547 (1999-02-01), Harris et al.
patent: 5934193 (1999-08-01), Menzenski

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