System and method for providing farebox accountability

Check-actuated control mechanisms – Including value accumulator for plural checks – Having solid state circuitry

Patent

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

232 15, 34082535, G06F 700, G07B 1500

Patent

active

061259888

ABSTRACT:
A system and method are shown for providing accounting for the collection of monies in a plurality of independently operated transaction stations. Each transaction station is provided with a uniquely identifiable secure cashbox or vault in which to store monies received in a transaction. The transaction stations include electronics sufficient to validate, verify, and tally received monies. The transaction stations record information with respect to the received monies as well as the identification of the cashbox into which it is stored. The transaction stations are probed upon removal of the cashbox in order to download the recorded information into a control system. The removed cashboxes securely contain the received monies until opened in a secure environment for emptying. When emptied, the money contents are independently verified and matched with the unique identification of the cashbox from which it came. Thereafter, the probed information from the transaction station is compared against the information with respect to independent verification of the cashbox.

REFERENCES:
patent: 4186977 (1980-02-01), Gilovich et al.
patent: 4210801 (1980-07-01), Gomez et al.
patent: 4310749 (1982-01-01), Gomez et al.
patent: 4372478 (1983-02-01), Gomez et al.
patent: 4376442 (1983-03-01), Gomez et al.
patent: 4380316 (1983-04-01), Glinka et al.
patent: 4407312 (1983-10-01), Davila et al.
patent: 4453667 (1984-06-01), Zerfahs
patent: 4471905 (1984-09-01), Sloma et al.
patent: 4474281 (1984-10-01), Roberts et al.
patent: 4730117 (1988-03-01), Zack
patent: 4795087 (1989-01-01), Procak
patent: 4877179 (1989-10-01), Baker et al.
patent: 4908769 (1990-03-01), Vaughan et al.
patent: 4977502 (1990-12-01), Baker et al.
patent: 5224579 (1993-07-01), Brown
patent: 5225665 (1993-07-01), Zerfahs et al.
patent: 5415264 (1995-05-01), Menoud
patent: 5458285 (1995-10-01), Remien
patent: 5477952 (1995-12-01), Castellano et al.
patent: 5574441 (1996-11-01), Roes et al.
patent: 5819901 (1998-10-01), Filiberti
patent: 5875879 (1999-03-01), Hawthorn

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

System and method for providing farebox accountability does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with System and method for providing farebox accountability, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method for providing farebox accountability will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-186758

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.