Automated teller machine dispenser of debit cards
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Aug 15, 2000
Grant Date -
N/A
app pub date -
Aug 3, 1998
filing date -
Jun 16, 1997
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
An automated machine for dispensing debit cards that includes an automated teller machine (ATM) with input and output capabilities and a dispenser for debit cards that include each one unique identification number on a storage member thereon. A user enters his or her particulars and those of the transaction which are merged with one of the unique identification numbers and transmitted to a remote computer facility that acts as a clearing house for the users' transactions. The remote facility includes input and output means to communicate with the debit card dispenser and the associated circuitry to obtain the identification numbers of the debit cards being dispensed and the particulars of the users and the transactions. Adequate software is provided in the remote facility to permit users to accesss the same line of credit opened for one or more debit cards so that different users can remotely access and affect one or more lines of credit.
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