Automatic validating farebox system and method
US6039164A · kind A · utility
Assignee
Inventors
Key dates
| Filing date | Apr 13, 1998 |
| Grant date | Mar 21, 2000 |
| Priority date | — |
| Expiry date | Apr 13, 2018 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F9/06
- WIPO fieldControl
- WIPO sectorInstruments
Abstract
A system and method for providing automatic validation of fares collected is disclosed. An automatic validating farebox, being adapted for mobile use, such as in the cabin of a bus, and to provide convenient access to both patrons and an operator, includes validation mechanisms and circuitry to accept patron payment in both coin and note. All tendered payment is automatically validated as to acceptable tender as well as its value being electronically registered. Accordingly, the operator is freed from validating payment of a fare and may simply confirm that the registered value is the proper amount for the type of fare purchased. The automatic validating farebox also includes mechanisms adapted both to store accepted currency in an efficient manner as well as to present the collected currency in a manner readily acceptable for handling and counting.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.