System and method for checkless cash advance settlement

• US 10,535,226 B2
• Filed: 04/16/2018
• Issued: 01/14/2020
• Est. Priority Date: 09/09/2004
• Status: Active Grant

• Current Assignee: Everi Payments, Inc. (Everi Holdings, Inc.)
• Original Assignee: Everi Payments, Inc. (Everi Holdings, Inc.)
• Inventors: Potts, Craig, Beer, Richard
• Primary Examiner(s): Paik, Steven S
• Assistant Examiner(s): Kim, Tae W
• Application Number:
  US15/954,404
• Publication Number:
  US 20180232842A1
• Time in Patent Office: 638 Days
• Field of Search: 235379
• CPC Class Codes: A63F 3/00157 Casino or betting games horse races A63F3/00082
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G06Q 20/045 using payment protocols involving tickets
• CPC Class Codes: G06Q 20/06 Private payment circuits, e.g. involving electronic currency used among participants of a common payment scheme
• CPC Class Codes: G06Q 20/085 involving remote charge determination or related payment systems
• CPC Class Codes: G06Q 20/18 involving self-service terminals [SST], vending machines, kiosks or multimedia terminals
• CPC Class Codes: G06Q 20/24 Credit schemes, i.e. "pay after"
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 50/34 Betting or bookmaking, e.g. Internet betting
• CPC Class Codes: G07F 17/3223 Architectural aspects of a gaming system, e.g. internal configuration, master/slave, wireless communication
• CPC Class Codes: G07F 17/3225 Data transfer within a gaming system, e.g. data sent between gaming machines and users
• CPC Class Codes: G07F 17/3237 about the players, e.g. profiling, responsible gaming, strategy/behavior of players, location of players
• CPC Class Codes: G07F 17/3239 Tracking of individual players
• CPC Class Codes: G07F 17/3241 Security aspects of a gaming system, e.g. detecting cheating, device integrity, surveillance computer security G06F21/00
• CPC Class Codes: G07F 17/3244 Payment aspects of a gaming system, e.g. payment schemes, setting payout ratio, bonus or consolation prizes
• CPC Class Codes: G07F 17/3246 involving coins and/or banknotes
• CPC Class Codes: G07F 17/3248 involving non-monetary media of fixed value, e.g. casino chips of fixed value
• CPC Class Codes: G07F 17/3251 involving media of variable value, e.g. programmable cards, programmable tokens
• CPC Class Codes: G07F 17/3255 Incentive, loyalty and/or promotion schemes, e.g. comps, gaming associated with a purchase, gaming funded by advertisements
• CPC Class Codes: G07F 17/3286 : Type of games
• CPC Class Codes: G07F 17/42 : for ticket printing or like apparatus , e.g. apparatus for dispensing of printed paper tickets or payment cards
• CPC Class Codes: G07F 19/00 : Complete banking systems; Coded card-freed arrangements adapted for dispensing or receiving monies or the like and posting such transactions to existing accounts, e.g. automatic teller machines data processing equipment for bank accounting G06Q40/02
• CPC Class Codes: G07F 19/20 : Automatic teller machines [ATMs]
• CPC Class Codes: G07F 7/08 : by coded identity card or credit card or other personal identification means without personal verification means G07F7/02

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.

Claims

1. A method for making funds available for gaming, the method comprising:

pre-authorizing a customer financial transaction comprising the steps of;

reading customer information from a card associated with a financial account at an electronic processing terminal;

allowing the customer to select a monetary value transaction at the electronic processing terminal, the monetary value transaction providing credit to the customer for cash access based on a customer source of funds associated with the financial account used to repay said credit when said credit is accessed by said customer; and

providing authorization information to said customer of whether said financial transaction is authorized or denied; and

completing the customer financial transaction comprising the steps of;

accepting the card associated with the financial account at a casino cage station separate from the electronic processing terminal;

verifying an identity of the customer at the casino cage station;

retrieving transaction information of the monetary value transaction from the electronic processing terminal; and

when the monetary value transaction is approved, generating a negotiable instrument comprising at least some of the customer information read from said card, the negotiable instrument representing an amount of money which is redeemable for cash or casino credit, and either;

(a) printing a hard copy of the generated negotiable instrument for endorsement by the customer, and, after the customer endorses the negotiable instrument, receiving the endorsed negotiable instrument to provide funds to the customer at the station and presenting the negotiable instrument for payment from said financial account;

(b) receiving an electronic endorsement for the generated negotiable instrument from the customer, and, after the customer electronically endorses the negotiable instrument, providing funds to the customer based on the electronically endorsed negotiable instrument received at the station and presenting the negotiable instrument for payment from said financial account.

2. The method of claim 1, wherein the step of receiving an electronic endorsement comprises receiving input from the customer with a stylus to an electronic display.

3. The method of claim 1, further comprising a step of storing the electronic endorsement as an electronic image at an image repository associated with the casino cage station.

4. The method of claim 1, further comprising a step of printing out a receipt by the casino cage station.

5. The method of claim 1, wherein the electronic processing terminal comprises a wireless control unit located remote from the casino cage station.

6. The method of claim 1, wherein a printer is associated with the casino cage station and the step of printing a hard copy of the negotiable instrument comprises printing the hard copy using the printer associated with the casino cage station.

7. The method of claim 1, wherein the negotiable instrument comprises a check.

8. The method of claim 1, wherein the card associated with a financial account is a debit or a credit card.

9. The method of claim 8, wherein the step of reading customer information comprises reading information regarding customer source of funds associated with the financial account from the debit or credit card.

10. The method of claim 1, further comprising a step of inputting identification information into the casino cage station regarding the identity of the customer as part of verifying the identity of the customer.

11. The method of claim 10, wherein the identification information is obtained from a personal identification card provided by the customer.

12. The method of claim 11, wherein the step of verifying an identity of the customer at the casino cage station comprises accepting the personal identification card.