Processing of non-currency at cash handling devices

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 8561885
SERIAL NO

12277909

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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Non-currency items such as lottery tickets, coupons and the like may be recognized and reconciled by a retail store and a financial institution without having to physically transmit the non-currency item to a sponsor of the non-currency item or the financial institution. Instead, a retail store or other organization may electronically transmit information regarding the non-currency item to the sponsor for confirmation of payment and to the financial institution for recognition. In some configurations, the financial institution may be configured to request confirmation of payment from the sponsor (i.e., instead of the retail store). Reconciliation of a cash handling device or a portion thereof (e.g., a cash register drawer) my take into account both non-currency items and currency items so that non-currency items do not have to be separately and/or manually reconciled.

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Patent Owner(s)

  • BANK OF AMERICA CORPORATION

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Bohen, Daniel Christopher Charlotte, US 58 1108
Folk, Amy Baker Charlotte, US 58 1097
Johnson, Shane Anthony Charlotte, US 40 946
Sanders, William Thomas Denver, US 54 1313

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