Smart card transaction system and encoder-dispenser
US6129275A · kind A · utility
98Cited by
10References
28Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Jun 22, 1998 |
| Grant date | Oct 10, 2000 |
| Priority date | — |
| Expiry date | Jun 22, 2018 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F17/42
- WIPO fieldControl
- WIPO sectorInstruments
Abstract
The disclosed apparatus is a stand alone integrated smart card circuit chip card vending machine. It accepts bills in $1, $5, $10, $20 and $50 denominations and/or credit cards and issues stored value smart cards for the value requested. It can also telephone a center to validate credit card transactions or send diagnostic and statistical reports. This invention has the capability to read and write to a card while it is in the dispenser stack, therefore the card has no value while in the dispenser and is not released until payment is received, that is, the cards are encoded in real time before they are issued.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.