Method and computer program product for electronically managing payment media

US7537153B2 · kind B2 · utility

Assignee

• DE LA RUE INTERNATIONAL LIMITED · GB

Inventors

• Harlan Hurwitz · River Edge, US
• James Halpin · New Milford, US
• Robert Pickles · Chesapeake, US
• Daniel Wobser · Jackson, US
• Corneliu C Chirnoaga · Edison, US
• Mark Ladwig · Miami Beach, US
• Steven Antonelli · Suffern, US
• Darren Taylor · Grayling, US

Key dates

• Filing date: Apr 29, 2005
• Grant date: May 26, 2009
• Expiry date: Apr 29, 2025

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q20/40
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method of electronically managing payment media, includes the steps of: (i) determining an amount of payment media dispensed from a payment media dispensing device, based on electronic point-of-sale data received from a point-of-sale register associated with the payment media dispensing device; and (ii) determining an inventory amount of the payment media remaining in the payment media dispensing device based on the determined amount of payment media dispensed from the payment media dispensing device. A computer program product can store a computer executable program that includes instructions to cause a controller of a transactions processing system to perform the above steps.