Scrip controlled cash dispensing system

Details Scrip controlled cash dispensing system Scrip controlled cash dispensing system

1991-09-24

1993-06-15

Sikes, William L.

Registers

Systems controlled by data bearing records

Banking systems

235375, 235382, G06F 1530

Patent

active

052201570

ABSTRACT:
A time delayed cash dispenser is interconnected with a node processor which interfaces with an EFT system. The node processor emulates an ATM to access and perform transactions through the EFT system and activates a printer to issue scrip representative of authorized cash disbursements. The node processor also generates electronic commands to activate the cash dispenser upon manual entry of a transaction code to disburse cash in redemption for the scrip.

REFERENCES:
patent: 4463939 (1984-08-01), Watanabe
patent: 4812986 (1989-03-01), Smith
patent: 5025139 (1991-06-01), Halliburton, Jr.
patent: 5122950 (1992-06-01), Benton et al.

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