System and method for managing dispensation and reconciliation of coins

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United States of America Patent

PATENT NO 7163454
SERIAL NO

10818973

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Abstract

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A system (10) and method for managing coin dispensation and reconciliation. The system (10) broadly comprises a controller logic, preferably in the form of a computer program stored on and executed by a computing device (14); a coin dispensing mechanism (16); and security package (22). The system (10) may be a configured for constructing cash drawers or coin canisters. In either case, the controller logic may receive input relating to past coin usage, analyzes the input to predict future coin usage, and transmits a control signal to the dispensing mechanism (16) to control dispensation of the coins based at least on part on the predicted future coin usage.

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Patent Owner(s)

Patent OwnerAddress
BALANCE INNOVATIONS LLC13400 W 99TH STREET LENEXA KS 66215

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Carter, Kenneth Naples, FL 18 356

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