Automated merchant banking apparatus and method

US6230928A · kind A · utility

Assignee

• DIEBOLD, INC. · US

Inventors

• J. Richard Hanna · Massillon, US
• Greg W. Fockler · Canton, US
• Randall W. Jenkins · Orrville, US
• Scott A. Mercer · Hendersonville, US
• Paul J. Cox · Louisville, US
• Michael Suteu · Canal Fulton, US
• John D. Christie · Batesville, US
• Michael C. Hoover · Canal Fulton, US

Key dates

• Filing date: Sep 30, 1999
• Grant date: May 15, 2001
• Expiry date: Sep 30, 2019

Classification

• Technology area (CPC G): Physics
• CPC primary: G07F19/207
• WIPO field: Control
• WIPO sector: Instruments

Abstract

An automated merchant banking apparatus (10) is operative to carry out banking transactions commonly required by merchants. The apparatus includes a user interface (18) which includes a plurality of input and output devices. The apparatus further includes a rolled coin dispenser (40) for dispensing various denominations of rolled coin. The rolled coin dispenser includes a coin roll presenter and retraction unit (42) which is operative to retract coin rolls which have been dispensed into holding areas (177) into a storage area (176) in the machine.