Automated transaction system with insertable cards for transferring account data
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Feb 13, 1990
Issued Date -
N/A
app pub date -
Oct 17, 1988
filing date -
Nov 26, 1986
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
An automated transaction system employs microprocessor-bearing user cards each issued to a respective user for maintaining a history of user account transactions and a user account balance, microprocessor-bearing master cards issued to vendors for maintaining a history of master account transactions and a master account balance, and terminals in which a user card and a master card are inserted for performing account transfer transactions wherein value from the account balance of one card is debited and the account balance of the other card is correspondingly credited. A transaction history recorder is used to produce or record the transaction history stored in the card for the user of the vendor. In the preferred embodiment, each master card is assigned to a respective terminal of a vendor and maintains a history of the transactions executed at that terminal between the master card and user cards presented for transactions at the terminal.
First Claim
Family
International Classification(s)
Cited Art Landscape
Patent Citation Ranking
Advertisement
Advertisement
Advertisement
Recipient Email Address
Recipient Email Address
Comment
Recipient Email Address
Add to Portfolio(s)
To add this patent to one, or more, of your portfolios, simply click the add button.
This Patent is in these Portfolios:
Add to additional portfolios:
Last Refreshed On:
Changes done successfully