Financial transaction terminal and card reader system adaptable

Details Financial transaction terminal and card reader system adaptable Financial transaction terminal and card reader system adaptable

1986-07-31

1988-11-01

Leung, Philip H.

Registers

Systems controlled by data bearing records

Credit or identification card systems

235432, 235448, 235449, 34082534, G06K 500

Patent

active

047822171

ABSTRACT:
A single unitary terminal configuration includes a card reader for reading data contained on a credit or debit card, a communications system for accessing a central database for authorization purposes, an input/output system for inputting alphanumeric data into the terminal, and for displaying audio and visual signals concerning the use of the terminal and the card's status, and a printer for printing data onto a receipt. The terminal preferably includes a fixed head magnetic card reader for reading magnetic stripes of credit or debit cards. The card reader is preferably of an insertion type having a card receiving channel opening at an edge of the terminal housing.

REFERENCES:
patent: 3641499 (1972-02-01), Housman
patent: 3651310 (1972-03-01), Link
patent: 3760164 (1973-09-01), Kral
patent: 3818187 (1974-06-01), Lovendusky et al.
patent: 3863050 (1975-01-01), Brugger et al.
patent: 4288825 (1981-09-01), Hasuo et al.
patent: 4396902 (1983-08-01), Warthan et al.
patent: 4684791 (1987-08-01), Bito

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