Money transaction system
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Apr 15, 1980
Grant Date -
N/A
app pub date -
Apr 28, 1978
filing date -
Apr 28, 1977
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
A transaction system comprising a card having a card balance recorded therein, at least one terminal transaction processor operable on the basis of on-line and off-line computer schemes, and a center operatively associated with the terminal transaction processor and having a file for recording thereon data corresponding to the card balance recorded on the card. Not only when the terminal processor is operating on the basis of the on-line computer scheme, but also when the terminal processor is operating on the basis of the off-line computer scheme, withdrawal or deposit of money can be effected within the framework of a maximum purchase amount. Each time such transaction has been made, the card balance is updated to read a new card balance.
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