Remote currency dispensation systems and methods
US8762274B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Dec 10, 2012 |
| Grant date | Jun 24, 2014 |
| Priority date | — |
| Expiry date | Dec 10, 2032 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07G3/003
- WIPO fieldControl
- WIPO sectorInstruments
Abstract
A currency dispense and control system (CDCS) for securely dispensing paper currency in multiple 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 be on-site and implemented using standard ATM hardware or may be located remotely. The CDCS may also include one or more of 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.