Importance

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Abstract

A note acceptor security system includes a currency validator secured to a housing and a note stacker removably received thereby. The currency validator has an identification chip maintained in association therewith and having a fixed serial number. The currency validator also includes a microprocessor which controls the operation of the currency validator and maintains operational data respecting the same. The stacker has a memory chip which is urged into a grounded position which is removed when the stacker is placed into the note acceptor. A fixed probe within the note acceptor lifts the memory chip from ground and allows communication from the microprocessor and identification chip to the memory chip. When the stacker is full, it is removed from the note acceptor and, with the memory chip grounded, it is transported to a docking station where the memory chip is again probed and the data maintained therein is transferred to a personal computer for later use. The memory chip is then erased and the stacker made available for reuse.

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First Claim