Communications: electrical – Continuously variable indicating – With meter reading
Patent
1977-10-28
1981-12-08
Yusko, Donald J.
Communications: electrical
Continuously variable indicating
With meter reading
235380, H04Q 900
Patent
active
RE0308218
ABSTRACT:
A status-indicating system is disclosed, directed specifically to provide information for regulating credit transactions and the like. An inquiry station includes structure for providing signals that identify a subject and also indicate whether or not the contemplated transaction suggests caution, e.g., cash will be returned on a check. The inquiry signals are transmitted to a primary register which has a location assigned for each subject and which locations record first signals (indicating that the subject is or is not authorized) and second signals (indicating the subject is or is not in question). The questionable status results from a relatively recent inquiry by a subject which involved a transaction of the type suggesting caution. Thus, such transactions result in the recording of the second signals, in the primary register. The system incorporates structure for selectively cancelling the first and second signals from the register as well as for eliminating all the second signals (as at the close of a business day or other period). As disclosed, the register is a cyclic magnetic memory.
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Telecredit, Inc.
Yusko Donald J.
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