Method of processing monetary transaction data by batch off-loading of the data from a portable, hand-held electronic device, device and system therefor
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United States of America Patent
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Feb 9, 1999
Issued Date -
N/A
app pub date -
Mar 10, 1997
filing date -
Sep 7, 1993
priority date (Note) -
Expired
status (Latency Note)
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Abstract
The present invention provides a method, device and system of monetary transaction processing. The method includes the steps of entering and recording on the portable, self-powered, hand held monetary transaction processing device a plurality of monetary commitments consisting of a numerical amount and indicia read from an information bearing card. The method includes the step of batch off-loading of the data from the portable, self-powered, hand held monetary transaction processing device to a second device. Recordation of a plurality of monetary transactions is uninterrupted by verification of validation and/or authorization.
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