ATM and POS terminal and method of use thereof
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United States of America Patent
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N/A
Issued Date -
N/A
app pub date -
Jun 15, 2004
filing date -
Jan 15, 1998
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A method of providing money, goods, services or the like to an account-holder based on an account when the daily ATM limit set by a bank has been met, or when a debit or credit card PIN cannot be remembered. The process will enable one to access cash and items of value through either the ATM network or a point-of-sale network to thereby obtain cash or an item of value. If the account-holder has exceeded the ATM network limit, a processor may prompt the account-holder to determine if the account-holder would like to access the account through the point-of-sale network. The money or item of value will be disbursed to the account-holder at a third location, where precautionary security measures may be utilized to ensure that the person receiving the cash is indeed the proper account-holder.
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