Patent · US Expired

Onboard currency and value card exchanger

US5895456A · kind A · utility

17Cited by
3References
24Claims
0Family size

Assignee

Inventors

Key dates

Filing dateSep 16, 1996
Grant dateApr 20, 1999
Priority date
Expiry dateSep 16, 2016

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07F7/00
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A system, and corresponding method for its use, for performing various monetary transactions in a vehicle such as an aircraft, including exchanging one currency for another, obtaining currency using traveler's checks or a credit or debit card, and dispensing value cards purchased with cash or credit/debit cards. The value cards may be, for example, long-distance telephone usage cards or gaming cards, and the value cards may be increased in value or exchanged for cash using the system of the invention. A key feature of the system is that cash is always distributed in the currency of the next destination of the aircraft, as determined from flight management system data available on the aircraft. At each intermediate destination, a note dispenser is conditioned to dispense only the currency of the next destination.

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