Smart card system and method for transferring value

Details Smart card system and method for transferring value Smart card system and method for transferring value

1997-10-02

1999-08-10

Le, Thien Minh

Registers

Systems controlled by data bearing records

Credit or identification card systems

235379, 34082533, 705 41, G06K 500

Patent

active

059362219

ABSTRACT:
A stored value system and method comprising a central server apparatus (10), one or more value added terminals (12), and one or more money-activated machines (14). The value added terminal (12) is designed to read smart cards (16) and to add cash value to the cards upon customer (18) input of an appropriate authorization code (22). The money-activated machine (14) is designed to read smart cards, and reprogram them by deducting a cash value amount corresponding to the customer's use of the machines. The central server apparatus (10) receives calls from customers requesting an authorization code for use with a value added terminal, and in response thereto, verifies funds in a pre-established customer account and provides an active authorization code.

REFERENCES:
patent: 4988849 (1991-01-01), Sasaki et al.
patent: 5224046 (1993-06-01), Kim et al.
patent: 5461217 (1995-10-01), Claus
patent: 5621796 (1997-04-01), Davis et al.
patent: 5650604 (1997-07-01), Marcous et al.
patent: 5732136 (1998-03-01), Murphree et al.
patent: 5811771 (1998-09-01), Dethloff

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