Cash to card recycling
US8175970B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Apr 9, 2008 |
| Grant date | May 8, 2012 |
| Priority date | — |
| Expiry date | May 13, 2028 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F19/202
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An end-to-end currency handling and management system and method include a recycler system configured to receive currency, deposit the currency into a desired account and make the currency immediately available. The currency may, in one or more examples, belong to an employee at a business. In such instances, the recycler system may be configured to deposit the currency into an account, such as a pre-paid cash card account, designated by the employee. This allows an employee to avoid carrying large amounts of cash which may lead to loss or theft. At the same time, the deposited currency would be available for use by the business for conducting other transactions.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.