Registers – Systems controlled by data bearing records – Credit or identification card systems
Patent
1991-03-05
1993-09-07
Shepperd, John
Registers
Systems controlled by data bearing records
Credit or identification card systems
364479, 902 30, G06F 708
Patent
active
052431746
ABSTRACT:
An electronic gift certificate dispenser device for printing and dispensing a gift certificate purchased by a credit card. A consumer approaches the device and inserts a credit card into a magnetic card reader. The consumer chooses a retailer from a menu of participating retailers and enters the gift certificate value. The machine automatically verifies the credit card, causes the account to be debited and prints the gift certificate. A plurality of gift certificate dispensing devices can be connected in a network under the control of a central processing unit. Information regarding gift certificate purchases is transferred from the devices to the central processing unit to be collated and billed to credit card accounts. The central processing unit also informs merchants of the purchase of gift certificates that will be redeemed at their stores.
REFERENCES:
patent: 4247759 (1981-01-01), Yuris et al.
patent: 4359631 (1982-11-01), Lockwood et al.
patent: 4704518 (1987-11-01), Brunn et al.
patent: 4809837 (1989-03-01), Hayashi
Alexander Karla J.
Doyle Thomas J.
Hamilton Robert H.
Veeneman William J.
Shepperd John
Sikorski Edward H.
The Gift Certificate Center, Inc.
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