Patent · US Expired

Money item acceptor with enhanced security

US7549525B2 · kind B2 · utility

0Cited by
1References
11Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJan 9, 2004
Grant dateJun 23, 2009
Priority date
Expiry dateJul 9, 2025

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07D2205/0012
  • WIPO fieldControl
  • WIPO sectorInstruments

Abstract

An acceptor for money items such as coins or banknotes produces a money item parameter signal (x1) depending on a sensed characteristic of the money item. A store (12) provides window data corresponding to normal acceptance ranges of values of the parameter signal for a money item of a particular denomination (NAW), as well as restricted acceptance windows (RAW). A processor (11) determines when an occurrence of the parameter signal (x1) may represent a fraudulent money item and then for subsequent sensed money items compares the value of the parameter signals (x1) with the restricted acceptance range (RAW). The RAW range is used until n successive true coins are inserted or a time t has lapsed. After a fraudulent attempt, the values of n and t are increased so that a fraudster cannot then insert n true coins or wait a time t and attempt another fraudulent coin insertion. Also, a focused rejection window (FRW) rejects coins with suspiciously close parameter signals, which could form part of a counterfeit set.

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