Patent · US Expired

Money transaction system

US4197986A · kind A · utility

206Cited by
5References
9Claims
0Family size

Assignee

Inventor

Key dates

Filing dateApr 28, 1978
Grant dateApr 15, 1980
Priority date
Expiry dateApr 28, 1998

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07F19/211
  • WIPO fieldControl
  • WIPO sectorInstruments

Abstract

A transaction system comprising a card having a card balance recorded therein, at least one terminal transaction processor operable on the basis of on-line and off-line computer schemes, and a center operatively associated with the terminal transaction processor and having a file for recording thereon data corresponding to the card balance recorded on the card. Not only when the terminal processor is operating on the basis of the on-line computer scheme, but also when the terminal processor is operating on the basis of the off-line computer scheme, withdrawal or deposit of money can be effected within the framework of a maximum purchase amount. Each time such transaction has been made, the card balance is updated to read a new card balance.

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