System and method for checkless cash advance settlement
US9959585B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Dec 15, 2015 |
| Grant date | May 1, 2018 |
| Priority date | — |
| Expiry date | Dec 15, 2035 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F19/20
- WIPO fieldControl
- WIPO sectorInstruments
Abstract
Methods, devices, and systems for conducting a checkless cash access settlement are provided. In one embodiment, a cash advance method includes the following: a customer initiates a cash access transaction via a cash access system; the customer receives authorization or denial; the customer provides identification and the financial card to a cashier or attendant; the cashier or attendant validates the customer's identity, retrieves the transaction information, and completes the cash advance application; the application prints a non-negotiable instrument, such as a transaction receipt; the customer signs the receipt confirming the transaction with a physical receipt or electronic capture.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.