Credit and debit card processing terminal

Registers – Systems controlled by data bearing records – Credit or identification card systems

Patent

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Details

235379, 902 22, G06F 1521, G06K 701

Patent

active

050120778

ABSTRACT:
A card to be used is first discriminated as to whether the card is a credit card or a debit card on the basis of data recorded on the card. In the case of a credit card, a necessary credit card processing including card authorization is effected. In the case of a debit card, a necessary debit card processing including immediate payment processing of an amount of money for transaction is efffected.

REFERENCES:
patent: 4625276 (1986-11-01), Benton et al.
patent: 4650978 (1987-03-01), Hudson et al.
patent: 4688174 (1987-08-01), Sakamoto
patent: 4689478 (1987-08-01), Hale et al.
patent: 4727243 (1988-02-01), Savar
patent: 4782217 (1988-11-01), Soza et al.
patent: 4839504 (1989-06-01), Nakano

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