Registers – Systems controlled by data bearing records – Banking systems
Patent
1997-10-06
2000-08-29
Le, Thien M.
Registers
Systems controlled by data bearing records
Banking systems
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
Martinez Phillip M.
Vought Kenneth
Axiohm Transaction Solutions, Inc.
Le Thien M.
LandOfFree
Check processing method and apparatus does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Check processing method and apparatus, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Check processing method and apparatus will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-1240300