G - Physics – 06 – K
Patent
G - Physics
06
K
354/42
G06K 19/06 (2006.01)
Patent
CA 1326911
A B S T R A C T An automated transaction system is provided with a plurality of portable rate cards each having a memory embedded therein for storing rate information corresponding to a respective one of a plurality of different services, and data output means connected to the memory. The system includes a transaction terminal having an external slot for insertion by a user of any one of said plurality of portable rate cards therein. Operating means are provided in the terminal for executing terminal functions including the function of transacting an item of value in accordance with the respective rates of any selected one of said plurality of different services. The terminal has connected means for establishing a connection between the operating means and the data output means of an inserted rate card, and input means for enabling a user to input a request for an item of value of any selected one of the plurality of different services. The operating means of the terminal includes rate card verifying means for verifying that the rate card inserted by the user corresponds to the selected one service for which the item of value was requested, and rate calculation means for calculating the value of the requested item using the rate information stored in the memory of the inserted rate card which is verified as to the one service. Dispensing means are associated with the terminal for dispensing the requested item of the one service having the value calculated by said rate calculating means.
615941
Bristow Stephen
Wright Christopher B.
Bristow Stephen
Moffat & Co.
Pitney-Bowes Inc.
Wright Christopher B.
LandOfFree
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