Patent · US Active

Machine and method for cash recycling and cash settlement

US7992699B2 · kind B2 · utility

1Cited by
26References
18Claims
0Family size

Assignee

Inventors

Key dates

Filing dateApr 8, 2004
Grant dateAug 9, 2011
Priority date
Expiry dateMar 22, 2027

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07F9/08
  • WIPO fieldControl
  • WIPO sectorInstruments

Abstract

A cash recycling machine (10) has an input hopper (19) for feeding batches of mixed coinage to a coin sorter (21) for sorting, counting and directing coins into a plurality of bulk coin storage receptacles (31, 32, 33, 34). From there, the coins are fed into a plurality of smaller dispensing hoppers (46, 47, 48, 49) equipped with sensors (88) for counting the coinage as it is dispensed. A controller (80) is responsive to inputs from a user in a first operating cycle of the machine to cause the dispensing hoppers (46, 47, 48, 49) to dispense an amount of sorted coinage into one of several receptacles including a cash drawer (15) or coin bags (40). A controller (80) is responsive to inputs from a user in a second operating cycle of the machine to receive, sort and count a batch of coins that is loaded into the input hopper (19) and stored in the bulk coin storage receptacles (31, 32, 33, 34). The controller (80) has the ability to track input and output transactions of employees through the work shift for reconciliation at the end of the work shift and to report results to a central accounting computer. In addition, the machine (10) can operate in the first and second cycles simultan…

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