Fuel pump system with automated transaction processing

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United States of America Patent

PATENT NO 5859416
SERIAL NO

08641422

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A fuel pump system with automated transaction processing enables a purchaser to define a plurality of fuel pump transactions by selecting various transaction parameters that define the transaction and store the predefined transactions on a storage medium (e.g. on an identification card bearing a magnetic strip). Then, at a fuel pump, the purchaser can pass the identification card through a magnetic card reader that reads the stored transaction information and a controller can cause the stored transaction(s) to be displayed so that a purchaser can select a transaction for execution. The purchaser may enter a single input to select a transaction, thereby simplifying and further expediting the transaction and automated processing thereof. The transaction parameters may include one or more of the form of payment (debit card, credit card, etc.), where the transaction is to be executed (e.g. at the pump or 'inside'), the type and grade of fuel to be purchased (e.g. regular unleaded, premium unleaded, diesel etc.), the amount of fuel to be purchased (e.g. dollar amount, number of gallons, or fill-up) and whether or not a receipt should be printed upon completion of the transaction.

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Patent Owner(s)

Patent OwnerAddress
ARIGERN CAPITAL L L C160 GREENTREE DRIVE SUITE 101 DOVER DE 19904

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Gatto, James G 1101 Mountain Hope Ct., Great Falls, VA 22066 16 1270

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