System and method for securely storing and controlling the...

Details System and method for securely storing and controlling the... System and method for securely storing and controlling the...

2005-05-24

2005-05-24

Frech, Karl D. (Department: 2876)

Registers

Systems controlled by data bearing records

Banking systems

C235S380000, C463S016000

Reexamination Certificate

active

06896180

ABSTRACT:
In a system and method for securely storing and controlling the dispensing of a payout, the system includes a payout dispenser for securely storing and dispensing a payout, and a terminal for controlling the dispensing of the payout and for interfacing with an attendant in connection with the payout. The system further includes a network for interconnecting the payout dispenser and the terminal. The system may also include a device for indicating a payout payable responsive to the input of a person to whom the payout is payable, wherein the payout indicating device may be connected to the payout dispenser and the terminal by a network. The system may further include a device for enabling the dispensing of a payout breakage amount which is the difference between the payout in a payout dispenser denomination and the payment to be paid out. The system may still further include a central terminal for centrally controlling the dispensing of payouts at a plurality of local stations to which the central terminal may be networked.

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