Cash back during dispenser transaction

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 6766949
APP PUB NO 20020070271A1
SERIAL NO

10073612

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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The present invention provides a system and method allowing customers to conduct a transaction at a fuel dispenser and obtain cash back in association with the transaction at the dispenser or a common terminal in the dispenser forecourt. The system may include a cash dispenser at the fuel dispenser, fueling position, or the central terminal, or, alternatively, a delivery system configured to deliver cash from a central location to the customer at the dispenser, fueling position, or central terminal. During a transaction for purchasing fuel or other products associated with the service station, a customer is provided an opportunity to select an amount of cash to be dispensed or delivered in association with that transaction. Providing a customer the opportunity to receive cash back in association with a dispenser transaction will attract more customers to the station because of convenience as well as provide customers with more disposable cash to spend at the associated quick-serve restaurants and convenience store.

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First Claim

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Patent Owner(s)

  • GILBARCO INC.

International Classification(s)

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  • [Patents Count]

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
McSpadden, John S Greensboro, NC 30 985
Terranova, Steven N Greensboro, NC 22 1415

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