Patent · US Active

Currency dispense and control system with anti-theft features

US7726557B2 · kind B2 · utility

17Cited by
29References
42Claims
0Family size

Assignee

Inventors

Key dates

Filing dateDec 16, 2003
Grant dateJun 1, 2010
Priority date
Expiry dateOct 29, 2026

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07F19/203
  • WIPO fieldControl
  • WIPO sectorInstruments

Abstract

A cost-effective, currency dispense and control system (CDCS) securely dispenses paper money in one of the following modes: (1) an ATM system and (2) a currency control system that allows a merchant or merchant-approved employee to withdraw cash from the CDCS independent of a standard ATM electronic fund transfer (EFT) network. The CDCS may also include the following functionalities: a duress dispensation system that allows the CDCS to activate an alarm and/or otherwise communicate with local police or security services during a robbery, a time-release system that effects a time-delayed dispensation functionality, and a user identification and authentication system for authenticating a user identity and determining eligibility of the user to access the currency control system.

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