Vending machine with electronic payment media
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United States of America Patent
Stats
-
Sep 19, 2006
Issued Date -
N/A
app pub date -
Feb 18, 2004
filing date -
Feb 18, 2003
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
One of a number of automatic vending machines run by one or more operators accepts payment for the goods it dispenses by creditable and debitable cash card, also called smart card. The machine includes a currency acceptor that writes on the card the sum in bank notes received by the currency acceptor. With each purchase, the given price of selected and dispensed goods is deducted from the card. The amount of payment received by the currency acceptor and the price charged are recorded by the machine and communicated to an account clearing house that debits the operator's account with the sum received and credits it by the charged price. A large number of goods and service providers using this type of automatic vending machines can accept the same universal card for the convenience of their customers.
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