Patent · US Active

System and method for checkless cash advance settlement

US10535226B2 · kind B2 · utility

0Cited by
92References
12Claims
0Family size

Assignee

Inventors

Key dates

Filing dateApr 16, 2018
Grant dateJan 14, 2020
Priority date—
Expiry dateApr 16, 2038

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07F19/20
  • WIPO fieldControl
  • WIPO sectorInstruments

Abstract

Methods, devices, and systems for conducting a checkless cash access settlement are provided. In one embodiment, a cash advance method includes the following: a customer initiates a cash access transaction via a cash access system; the customer receives authorization or denial; the customer provides identification and the financial card to a cashier or attendant; the cashier or attendant validates the customer's identity, retrieves the transaction information, and completes the cash advance application; the application prints a non-negotiable instrument, such as a transaction receipt; the customer signs the receipt confirming the transaction with a physical receipt or electronic capture.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.