Terminal device for making payments for credit transactions

Registers – Systems controlled by data bearing records – Banking systems

Patent

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Details

235380, G06F 1530

Patent

active

045623406

ABSTRACT:
A terminal device for making payments for credit transactions is connected to and adapted to communicate with a control center which includes a memory having stored therein data relating to a plurality of users of credit cards and to a deposit account of at least one credit company, the control center having the function of transferring a specified sum payable from an account of each user to the account of the credit company. The terminal device comprises a card reader for reading data from either a credit card or a bank card, the credit card having recorded therein data relating at least to the account number of the credit company and data relating to the holder of the card, the bank card having recorded therein data relating at least to an account number of its holder and data for identifying the holder; input means for entering sum payable; a display for showing at least the entered sum payable; a unit for transmitting to the control center at least the entered sum payable the data read by the card reader and relating to the account number of the credit company, such as the company code thereof, and the data read by the card reader and relating to the account number of the holder of the bank card; and a recorder for recording data as to transfer processing on receiving from the control center a message indicating completion of the transfer processing.

REFERENCES:
patent: 4277837 (1981-07-01), Stuckert
patent: 4314352 (1982-02-01), Fought

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