Value dispensing system

Details Value dispensing system Value dispensing system

G - Physics

07

F

354/42

G07F 7/08 (2006.01) G06F 7/02 (2006.01) G07F 19/00 (2006.01)

Patent

CA 1057854

ABSTRACT OF THE DISCLOSURE An automatic value dispensing system wherein a card previously issued to each customer having an account therein is used to operate the system so as to dispense an amount of value requested by the customer. The card has recorded thereon necessary data including 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. Despensation of the requested amount of value is determined by comparing the requested amount first with the sum of said on-line and off-line balances and then with said on-line balance alone, or first with said on-line balance alone and then with the sum of said on-line and off-line balances.

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