Electronic money holding device utilizing an automatic payment m

Details Electronic money holding device utilizing an automatic payment m Electronic money holding device utilizing an automatic payment m

1997-09-10

2000-05-02

MacDonald, Allen R.

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

705 39, 705 40, 705 42, G06F 1530

Patent

active

060583827

ABSTRACT:
An electronic money holding device has a first storage unit for storing a uniquely assigned identification number and an amount of held electronic money, a processor for controlling the reference to and the updating of the amount of held electronic money and the transfer of electronic money between the electronic money holding device and another electronic money holding device, and a second storage unit for storing information of service providers concluding sales contracts with a possessor of the electronic money holding device and payment information of each sales contract.

REFERENCES:
patent: 4823264 (1989-04-01), Deming
patent: 5220501 (1993-06-01), Lawlor et al.
patent: 5325431 (1994-06-01), Naruse
patent: 5383113 (1995-01-01), Kight et al.
patent: 5455407 (1995-10-01), Rosen
patent: 5590038 (1996-12-01), Pitroda
patent: 5745886 (1998-04-01), Rosen
patent: 5748737 (1998-05-01), Daggar
patent: 5832464 (1998-11-01), Houvener et al.
patent: 5873072 (1999-02-01), Kight et al.
"Electronic Money is turned to practical use", Weekly Diammond issued on Jan. 1996.

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