Non-cash media card and process of dispensing from automated tel

Details Non-cash media card and process of dispensing from automated tel Non-cash media card and process of dispensing from automated tel

1997-07-15

1999-12-28

Lee, Michael G

Registers

Systems controlled by data bearing records

Banking systems

235380, 235381, 283 51, G06F 1760

Patent

active

060069880

ABSTRACT:
A non-cash media card which is dispensable through automated teller machines (ATM's) and a process for dispensing a non-cash media card from an automated teller machine, by which a non-cash media card is dispensed through the same mechanism as cash is dispensed. The non-cash media card can have separable portions, or be redeemable for goods or services, or may allow the bearer entry to an event or a location. One version of this type of card has a removable portion which is credit card size and can contain memory storage media. Information on the memory storage media can be later read, modified, and have its value reduced or augmented by subsequent uses.

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