Magnetic stripe and magnetic ink character recognition reader

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 5308959
SERIAL NO

08003489

Stats

ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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A magnetic stripe and magnetic ink character recognition (MICR) reader is disclosed. A longitudinally extending magnetic stripe channel in the reader housing is sized to slidingly receive a medium bearing a magnetic stripe, such as a credit card or bank card. A magnetic stripe read head in the housing reads the data as the card is slid past the head. A MICR channel in the housing is sized to slidingly receive a medium bearing magnetic ink characters, such as a check. The MICR channel is curved along one portion to interconnect with the magnetic stripe channel. A drive mechanism in the housing drives a check along the MICR channel past a magnetizing head and a magnetic ink character recognition read head until the leading edge of the check extends into the magnetic stripe channel. A processor in the housing specifies the characters embodied in the magnetic data. The drive mechanism is reversible to return the check back along the MICR channel.

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First Claim

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Patent Owner(s)

  • OPTOWAND, INC.

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Cherry, John H Southlake, TX 2 24

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