Value dispensing system

G - Physics – 06 – F

Patent

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354/42

G06F 3/08 (2006.01) G06K 7/00 (2006.01) G06Q 40/00 (2006.01) G07F 7/08 (2006.01) G07F 19/00 (2006.01)

Patent

CA 1060584

ABSTRACT OF THE DISCLOSURE An automatic monetary value dispensing system wherein a card previously issued to each customer having an account therein is used to actuate the system. The card has recorded thereon necessary data such as the identification number and the current off-line balance of the account, with the on-line balance thereof being recorded in a central processing unit. Dispensation of the requested amount of value is deter- mined by comparing the amount with the on-line and off-line balances of the account.

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