G - Physics – 07 – F
Patent
G - Physics
07
F
G07F 9/00 (2006.01) G07F 5/24 (2006.01) G07F 7/08 (2006.01) G07F 7/10 (2006.01) G07F 9/08 (2006.01)
Patent
CA 2160496
The electronic funds acceptor has a memory for storing the predetermined maximum value of a product to be purchased from the vending machine so that the acceptor can reduce the number of coin or bill received signals to be generated and sent to the electronics in the vending machine which authorize purchase of goods from the vending machine, so that the speed of transaction is increased. The acceptor also has a memory for recording incomplete transaction records so that a purchase transaction can be completed without needing to record on the electronic funds recording medium an updated balance of funds in the case that the user removes the medium from the vending machine once the transaction is in progress. The acceptor also has a memory for storing the total amount of goods purchased using electronic funds so that the total purchase amount from all vending machines can be compared to the total amount of funds loaded onto the electronic funds recording medium to check for fraud or abuse of the system. As a further measure of security, the acceptor has a memory for storing an incrementable use marker in association with each identification number of all electronic funds data recording media which carry a copy of the use marker. If the use marker recorded on a given medium is determined by the acceptor to preceded the marker recorded in memory in the acceptor, use of the given medium to authorize a transaction is prevented since the given medium would necessarily be a copy which has been used less than the original. The vending machine using the funds acceptor has a product price memory for determining a product price as a function of time of day and the identification number of the user recorded on the electronic funds recording medium. The vending machine system also provides for - 28 - automatic billing for consumption using the vending machine or vending machines of the system in which each machine has a memory for storing an amount of use or balance for each electronic funds recording medium in the system. The total amount of product purchased from the vending machines in the system is calculated in an accounting computer by transferring the count of total product purchased from each electronic funds acceptor in the system to the accounting computer to produce bills for each user of the system.
Anglehart James
Brown Allan M.
Laniel Denis
Anglehart James
Brown Allan M.
Laniel Canada Inc.
Ogilvy Renault Llp/s.e.n.c.r.l.,s.r.l.
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