System for and process of facilitating financial transactions at point-of-sale employing electronic drop safes and point-of-sale terminals
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United States of America Patent
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-
Feb 4, 2014
Issued Date -
N/A
app pub date -
Aug 28, 2012
filing date -
Aug 30, 2011
priority date (Note) -
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status (Latency Note)
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Abstract
An electronic system and process for facilitating a financial transaction comprising a drop safe and a point-of-sale (POS) terminal, disposed at a retailer location, in communication with one another in which the POS terminal receives, from a user, a request to commence a drop request and, in response, instructs the drop safe to commence a drop request, whereupon after acceptance of the drop request the drop safe accepts, via a currency acceptor, currency that is identified and authenticated, and upon completion of the drop, the drop safe ascertains the total amount of accepted currency and transmits the ascertained amount to the POS terminal which then completes the transaction. The drop request may occur during a transaction with a customer for the purchase of goods or services or at other times. Other features are disclosed.
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