Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Patent
1996-09-16
1999-04-20
MacDonald, Allen R.
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
705 42, 239379, G06F 1530
Patent
active
058954562
ABSTRACT:
A system, and corresponding method for its use, for performing various monetary transactions in a vehicle such as an aircraft, including exchanging one currency for another, obtaining currency using traveler's checks or a credit or debit card, and dispensing value cards purchased with cash or credit/debit cards. The value cards may be, for example, long-distance telephone usage cards or gaming cards, and the value cards may be increased in value or exchanged for cash using the system of the invention. A key feature of the system is that cash is always distributed in the currency of the next destination of the aircraft, as determined from flight management system data available on the aircraft. At each intermediate destination, a note dispenser is conditioned to dispense only the currency of the next destination.
REFERENCES:
patent: 4251867 (1981-02-01), Uchida et al.
patent: 4953086 (1990-08-01), Fukatsu
patent: 5670768 (1997-09-01), Modiano et al.
Beale Ivor Donald
Hoang Dau Ngoc
Lee Thomas Marks
Wetzel John Hill
Heal Noel F.
Inflight ATI, Inc.
MacDonald Allen R.
Patel Jagdish
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