Distributed on-line money access card transaction processing sys

Details Distributed on-line money access card transaction processing sys Distributed on-line money access card transaction processing sys

1994-03-31

1995-10-10

Shepperd, John

Registers

Systems controlled by data bearing records

Banking systems

364408, G06F 1700

Patent

active

054573050

ABSTRACT:
A distributed on-line transaction processing system (10) that functions with to any existing credit card and debit bank card processing center (18). The system (10) consists of a customer data-input station (14), a customer service station (16) and a customer transaction booth (20). The system is operated by a primary distributed on-line transaction processing software (30) and two secondary software programs (32, 34). A system transaction begins when a walk-up customer starts the system by passing a card through a magnetic card reader (14B) located in the customer data-input station (14). The customer enters the requested transaction on a touchscreen unit (14C) and the transaction is sent to the customer service station (16). At the station (16), the transaction is processed and sent to the credit and debit bank card processing center (18) where the transaction is either approved or disapproved. If an approval is given, a check corresponding to the approved amount, is printed on a printer (16C) located in the customer service station (16). The customer then walks up to a customer transaction booth (20) where the check is converted to a cash payment upon proper identification disclosure.

REFERENCES:
patent: 4672377 (1987-06-01), Murphy et al.
patent: 5220157 (1993-06-01), Martin et al.

Affiliated with

Also associated with

Rating

Distributed on-line money access card transaction processing sys does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Distributed on-line money access card transaction processing sys, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Distributed on-line money access card transaction processing sys will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-2311950