Payment and media management
First Claim
1. A method of electronically managing payment media in a retail store, the method comprising:
- automatically determining the possibility of providing a proposed payment media management solution in response to a payment media processing request; and
providing the proposed payment media management solution, if possible, in response to the request, wherein the proposed payment media management solution includes one or more of at least a start fund solution, a payment media change dispensing solution, a payment media advance solution, a bank deposit solution, a coupon redemption solution and a payment media acceptance operation solution, wherein a retail store includes one or more of at least a single store, multiple stores, one or more third party concession stands located within a single store and two or more stores located within a mall.
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Accused Products
Abstract
This invention provides systems and methods that minimize or remove human intervention during the payment media handling process on the shop floor, in the back office and at the cash-in-transit place. By automating processes and providing physical, tamper evident secure means for transporting the payment media, it is possible to limit, if not remove, the need for retail staff to handle payment media This invention also provides systems and methods that enable the retailer to count, reconcile and prepare the payment media in a format that is acceptable to the commercial banks. This invention further provides systems and methods for a secure audit trail that detail payment media movement from the payment media originating source to the bank.
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Citations
22 Claims
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1. A method of electronically managing payment media in a retail store, the method comprising:
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automatically determining the possibility of providing a proposed payment media management solution in response to a payment media processing request; and
providing the proposed payment media management solution, if possible, in response to the request, wherein the proposed payment media management solution includes one or more of at least a start fund solution, a payment media change dispensing solution, a payment media advance solution, a bank deposit solution, a coupon redemption solution and a payment media acceptance operation solution, wherein a retail store includes one or more of at least a single store, multiple stores, one or more third party concession stands located within a single store and two or more stores located within a mall. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
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14. A machine-readable storage medium that provides instructions for electronically managing payment media in a retail store, the instructions, when executed by a processor, cause the processor to perform operations comprising:
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automatically determining the possibility of providing a proposed payment media management solution in response to a payment media processing request; and
providing the proposed payment media management solution, if possible, in response to the request, wherein the proposed payment media management solution includes one or more of at least a start fund solution, a cash change dispensing solution, a cash advance solution, a bank deposit solution, a coupon redemption solution and a payment media acceptance operation solution, wherein a retail store includes one or more of at least a single store, multiple stores, one or more third party concession stands located within a single store and two or more stores located within a mall. - View Dependent Claims (15, 16, 17, 18, 19)
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20. (canceled)
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21. A system for electronically managing payment media in a retail store having one or more payment media accepting devices, comprising a controller that:
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automatically determines the possibility of providing a proposed payment media management solution in response to a payment media processing request; and
provides the proposed payment media management solution, if possible, in response to the request, wherein the proposed payment media management solution includes one or more of at least a start fund solution, a cash change dispensing solution, a cash advance solution, a bank deposit solution, a coupon redemption solution and a payment media acceptance operation solution, wherein a retail store includes one or more of at least a single store, multiple stores, one or more third party concession stands located within a single store and two or more stores located within a mall.
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22-160. -160. (canceled)
Specification