System for keeping account of predetermined homogeneous units

Registers – Systems controlled by data bearing records – Credit or identification card systems

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Details

235381, 235441, 235492, G06K 500, G07F 708, G06K 706, G06K 1906

Patent

active

042569559

ABSTRACT:
A credit card system includes a credit card containing a memory for storing coded information indicative of: an identification of the use for which the article is intended, an identification of units used to keep account of operations which are performed in connection with the credit card, and the number of units available to a holder of the credit card. The memory is structured so that the two identification data zones have bits wherein a change from one binary value to another is irreversible, to prevent tampering of the identification of the card. The card also includes circuits for controlling the memory and contacts for temporarily coupling the card to an imprinting and/or operating means that are respectively coupled to the card at the time it is purchased and when it is being used to purchase goods or services. When the card is purchased, the number of units is imprinted onto the card in the third zone, and the number of these units is decremented as the card is being used.

REFERENCES:
patent: 3641499 (1972-02-01), Housman
patent: 3702464 (1972-11-01), Castrucci
patent: 3906460 (1975-09-01), Halpern
patent: 3934122 (1976-01-01), Riccitelli
patent: 3971916 (1976-07-01), Moreno
patent: 4001550 (1977-01-01), Schatz
patent: 4004133 (1977-01-01), Hannan
patent: 4007355 (1977-02-01), Moreno
patent: 4020326 (1977-04-01), Coulthurst
patent: 4105156 (1978-08-01), Dethloff
Aronson-"New Encoding Methods"-Control Engineering, Oct. 1969, pp. 88-94. _
Del Rio, E. H.-"Credit Card Bearing Mechanically Recorded Data" RCA Technical Note #956, Mar. 15, 1974. _

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