System for safe collection of payment including electronic payment receipt generators having electronic purses

US6609114B1 · kind B1 · utility

Assignee

• M-Systems Flash Disk Pioneers, Ltd. · IL

Inventors

• Carmi David Gressel · Shoham, IL
• David Milstein · Rehovot, IL
• Avi Sander · Kiryat Gat, IL
• Isaac Hadad · Beer Sheva, IL
• Ran Granot · Yavne, IL

Key dates

• Filing date: Oct 22, 1997
• Grant date: Aug 19, 2003
• Expiry date: Oct 22, 2017

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/363
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A system for safe collection of payment by a vehicle operator from riders, the system including a multiplicity of electronic payment receipt generators, each operable by a vehicle operator, wherein each individual one of the payment receipt generators includes an electronic purse storing an amount of electronic cash, each electronic purse including an electronic cash loader operative to use some of the electronic cash to generate a payment receipt to be given by the vehicle operator to a rider, and an electronic purse control unit operative to prevent said electronic cash loader from exceeding said amount of electronic cash, thereby limiting the vehicle operator's entitlement to collect payments from riders, and an electronic cashier purse operative to increment the electronic purse of each electronic payment receipt generator by the amount of payment collected by the vehicle operator to whom the electronic payment receipt generator is assigned.