Electronic processing system
First Claim
1. An electronic processor system for use in processing cash transactions comprising an electronic processor and a database, the processor comprising:
- 1) an interface for receiving a request from a member using the system for generating a coded number representing a desired cash value to be purchased at a remote terminal, for receiving a request that a number previously allocated may be redeemed, for transmitting to the remote terminal a generated number and for transmitting a message to a terminal indicating that a received request for redemption is valid;
2) a validation section for determining whether or not received requests are valid;
3) a number generation section for generating a coded number in response to a valid request; and
4) a storage section for storing each number generated in response to a valid request in a first table of the database and for storing the total value of cash represented by issued coded numbers which have not been redeemed in a Fund table and for transferring a coded number the redemption of which has been validated to a second table and decrementing the total value in the Fund table by the value represented by each coded number for which a validated redemption request is received so that every coded number issued can never cause more than one increase in the value represented in the fund table and every coded number redeemed can cause only one decrease in the stored value.
3 Assignments
0 Petitions
Accused Products
Abstract
The invention concerns an electronic processor for use in processing cash transactions comprising an electronic processor and a database. The processor has: 1) an interface for receiving a request from a member using the system for generating a coded number representing a desired cash value to be purchased at a remote terminal, for receiving a request that a number previously allocated may be redeemed, for transmitting to the remote terminal a generated number and for transmitting a message to a terminal indicating that a received request for redemption is valid; 2) a validation section for determining whether or not received requests are valid; 3) a number generation section for generating a coded number in response to a valid request; and 4) a storage section for storing each number generated in response to a valid request in a first table of the database and for storing the total value of cash represented by issued coded numbers which have not been redeemed in a Fund table and for transferring a coded number the redemption of which has been validated to a second table and decrementing the total value in the Fund table by the value represented by each coded number for which a validated redemption request is received so that every coded number issued can never cause more than one increase in the value represented in the fund table and every coded number redeemed can cause only one decrease in the stored value.
49 Citations
39 Claims
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1. An electronic processor system for use in processing cash transactions comprising an electronic processor and a database, the processor comprising:
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1) an interface for receiving a request from a member using the system for generating a coded number representing a desired cash value to be purchased at a remote terminal, for receiving a request that a number previously allocated may be redeemed, for transmitting to the remote terminal a generated number and for transmitting a message to a terminal indicating that a received request for redemption is valid;
2) a validation section for determining whether or not received requests are valid;
3) a number generation section for generating a coded number in response to a valid request; and
4) a storage section for storing each number generated in response to a valid request in a first table of the database and for storing the total value of cash represented by issued coded numbers which have not been redeemed in a Fund table and for transferring a coded number the redemption of which has been validated to a second table and decrementing the total value in the Fund table by the value represented by each coded number for which a validated redemption request is received so that every coded number issued can never cause more than one increase in the value represented in the fund table and every coded number redeemed can cause only one decrease in the stored value. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 38, 39)
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21. A method of processing cash transactions utilising an electronic processor and a database, the method comprising the steps of:
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receiving a request from a member using the system for generating a coded number representing a desired cash value to be purchased at a remote terminal;
determining whether or not the request is valid;
generating a coded number is response to a valid request;
transmitting to the remote terminal a generated number;
receiving a request that a number previously allocated may be redeemed;
transmitting a message to a terminal indicating that a received request for redemption is valid in response to validation of the number;
storing each number generated in response to a valid request in a first table of the database;
storing the total value of cash represented by issued coded numbers which have not been redeemed in a Fund table;
transferring a coded number the redemption of which has been validated to a second table;
decrementing the total value in the Fund table by the value represented by each coded number for which a validated redemption request is received so that every coded number issued can never cause more than one increase in the value represented in the fund table and every coded number redeemed can cause only one decrease in the stored value. - View Dependent Claims (22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37)
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Specification