Check processing method and apparatus
US6109521A · kind A · utility
Assignee
Inventors
Key dates
| Filing date | Oct 6, 1997 |
| Grant date | Aug 29, 2000 |
| Priority date | — |
| Expiry date | Oct 6, 2017 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/20
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A new receipt printer and method for negotiating transactions at the point of sale in retail establishments. The POS printer includes means for reading the account and bank information from existing magnetic characters on a check. The apparatus of this invention flips the check over and reverses its feed direction, in order to change its facial and directional orientation so that the amount of the transaction or other accounting information can be printed on the check, with one check presentation operation. The clamshell design of the printer, with the transport mechanism disposed in a pivotable door, allows for ease of clearing paper jams, should they occur. The door itself has a window through which the user and customer can view the check at all times, as it is read, flipped, and printed on.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.