Patent · US Expired

Point-of-distribution pre-paid card vending system

US6169975A · kind A · utility

214Cited by
29References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJul 9, 1997
Grant dateJan 2, 2001
Priority date
Expiry dateJul 9, 2017

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07F7/10
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A novel system and process have been developed whereby a prepaid phone card, or any other similar inventory, may be easily and efficiently distributed at, for example, a point-of-sale. A computerized terminal including memory for storage is maintained at the point-of-distribution, or any other suitable location. The terminal's memory is adapted to store one or more security numbers, such as PIN numbers, telephone numbers and/or other suitable information corresponding to the information needed by consumers to utilize the service. The terminal initially connects to a host computer system in order to download one or more PIN numbers, and the downloaded PIN numbers are thereafter stored in the terminal's memory. The security codes, etc., may thereafter be dispensed by a user of the terminal onto cards, etc., without any need to connect to a host computer, and the terminal may be recharged with additional security codes, etc., only at a convenient time (e.g., at night). Detailed reporting may also be performed by the terminal, the host computer, or both. A mechanism for guiding the card into the terminal, as well as an assembly for securing an attached magnetic stripe reader may also b…

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