System for Collecting Revenue for Rental Equipment

• US 20080015873A1
• Filed: 07/13/2006
• Published: 01/17/2008
• Est. Priority Date: 07/13/2006
• Status: Abandoned Application

• Current Assignee: Coolwell, Inc.
• Original Assignee: Coolwell, Inc.
• Inventors: Rosenbaum, Thomas, Shostack, Ronald
• Application Number:
  US11/457,448
• Publication Number:
  US 20080015873A1
• Time in Patent Office: Days
• US Class Current: 705/1
• CPC Class Codes: G06Q 20/127 Shopping or accessing services according to a time-limitation
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/342 Cards defining paid or billed services or quantities
• CPC Class Codes: G06Q 20/343 Cards including a counter
• CPC Class Codes: G06Q 30/0645 Rental transactions; Leasing transactions
• CPC Class Codes: G07F 17/0014 for vending, access and use of specific services not covered anywhere else in G07F17/00 meter-controlled dispensing of liquid, gas or electricity G07F15/00
• CPC Class Codes: G07F 17/0042 for hiring of objects
• CPC Class Codes: G07F 7/02 by keys or other credit registering devices
• CPC Class Codes: G07F 7/025 by means, e.g. cards, providing billing information at the time of purchase, e.g. identification of seller or purchaser, quantity of goods delivered or to be delivered

Abstract

A system and method for collecting revenue for the leasing of an apparatus. The system controls the availability of the apparatus by either: restricting use of the apparatus only if a timely lease payment has been made; making the apparatus available for use under the condition that the lessee of the apparatus has made timely payment; or a combination of thereof. The system utilizes a smart electronic data storage device to assist in debiting a lessee'"'"'s account remotely via the Internet and allows leasing of the apparatus either for a given period of time or on a per-use basis.

Claims

1. An apparatus for obtaining revenue for leased equipment comprising:

a. a computer server;

b. a computer client;

c. at least one rental apparatus;

d. said computer server further comprising

i. a first database;

1. said first database further comprising data;

ii. a first hardware interface for transmitting said data from said computer server to said computer client;

e. said computer client further comprising

i. a second database for storing said data;

ii. a second hardware interface for transmitting and receiving said data from said second database to a remote location;

iii. a first real time clock;

f. said at least one rental apparatus further comprising

i. a data processing unit;

1. said data processing unit further comprising memory for storing;

a. said data; and

b. a rental apparatus identification code;

ii. a third hardware interface coupled to said data processing unit;

iii. a second real time clock coupled to said data processing unit;

iv. an electronic switch;

g. said computer server, said computer client, and said rental apparatus are electronically networked.

2. The apparatus as set forth in claim 1 further comprising a point of sale interface such that said interface is coupled to said computer client.

3. The apparatus as set forth in claim 1 such that said rental apparatus and said computer client are networked by means of the third hardware interface wherein said third hardware interface is a first wireless network adapter such that said first wireless network adapter may transmit and receive said data to said second hardware interface wherein said second hardware interface is a second wireless network adapter.

4. The apparatus as set forth in claim 1 wherein said data includes usage statistics for said at least one rental apparatus.

5. The apparatus as set forth in claim 1 further comprising a portable electronic data storage device wherein said portable electronic data storage device further comprises non-volatile memory for storing said data and such that said portable electronic data storage device enables the transmission of said data between said at least one rental apparatus and said computer client.

6. The apparatus as set forth in claim 5 wherein said second hardware interface of said computer client further comprises a first magnetic transceiver such that said first magnetic transceiver transmits and receives said data from said second database to said portable electronic data storage device if said portable electronic data storage device is coupled to said second hardware interface.

7. The apparatus as set forth in claim 5 wherein said third hardware interface of said at least one rental apparatus further comprises a second magnetic transceiver such that said second magnetic transceiver transmits and receives said data from said memory to said portable electronic data storage device if said portable electronic data storage device is coupled to said third hardware interface.

8. The apparatus as set forth in claim 1 wherein said electronic switch is set to an active or inactive state dependent upon the contents of said data such that when said electronic switch is set to the inactive state, said rental apparatus will no longer operate.

9. A method for collecting revenue for the leasing of an apparatus comprising the steps of:

a. determining if said apparatus has been active for a predetermined time interval through the use of a computer client;

b. deactivating said apparatus if said apparatus has been active for said predetermined time interval;

c. coupling a third hardware interface to a data processing unit on said apparatus;

d. coupling a second hardware interface to a computer client;

e. transferring data from memory through said third hardware interface to a second database through said second hardware interface such that said second database is coupled to said computer client;

f. transmitting said data to a server;

g. transmitting payment data from said server to said computer client;

h. submitting payment information corresponding to said data electronically from said computer client to said server;

i. computing a second predetermined time interval;

j. transmitting said second predetermined time interval from said server to said computer client;

k. transmitting said second predetermined time interval electronically from said computer client to said data processing unit on said apparatus;

l. activating said apparatus such that said apparatus may operate for a period of time no longer than said second predetermined time interval.

10. The method of claim 9 further comprising the step of transmitting an alert to said computer client from said data processing unit on said apparatus if said apparatus has been in an active state for said predetermined time interval.

11. The method of claim 9 wherein the step of deactivating said apparatus if said apparatus has been active for said predetermined time interval is done remotely.

12. The method of claim 9 wherein the method of transferring said data from said apparatus to said computer client further comprises the steps of:

a. coupling a portable electronic data storage device to said third hardware interface;

b. transferring said data from said apparatus through said third hardware interface to said portable electronic data storage device;

c. coupling said portable electronic data storage device to said second hardware interface;

d. transferring said data from said portable electronic data storage device to said second database through said second hardware interface.

13. The method of claim 9 wherein the step of step of transferring said second predetermined time interval electronically from said computer client to said data processing unit on said apparatus further comprises the steps of:

a. coupling said portable electronic data storage device to said second hardware interface such that said second predetermined time interval is transferred electronically from said computer client to said portable electronic data storage device; and

b. coupling said portable electronic data storage device to said third hardware interface such that said second predetermined time interval is transferred electronically from said portable electronic data storage device to said data processing unit.

14. The method of claim 12 wherein said transfer of said data from said second hardware interface to said portable electronic data storage device and the transfer of said data from said portable electronic data storage device to said third hardware interface is transferred through a magnetic interface.

15. The method of claim 13 wherein said transfer of said data from said second hardware interface to said portable electronic data storage device and the transfer of said data from said portable electronic data storage device to said third hardware interface is transferred through a magnetic interface.

16. A method for collecting revenue for the leasing of an apparatus comprising the steps of:

a. determining a first time interval corresponding to a length of time that said apparatus will be in an active state;

b. electronically transmitting a first data set to activate said apparatus for said first time interval from a computer client to a server;

c. transmitting a second data set from said server to said computer client such that said second data set corresponds to said first time interval;

d. submitting payment information corresponding to said first time interval electronically from said computer client to said server;

e. debiting a financial account in an amount corresponding to said first time interval;

f. transmitting said second data set from said computer client to said apparatus such that said apparatus is activated for said time interval as defined in said second data set.

17. The method of claim 16 wherein the transmission of said second data set from said computer client to said apparatus further comprises the steps of:

a. coupling a portable electronic data storage device to a second hardware interface in said computer client such that said data is transmitted from said computer client to said portable electronic data storage device;

b. coupling said portable electronic data storage device to a first hardware interface coupled to a data processing unit in said apparatus such that said data is transmitted from said portable electronic data storage device to said data processing unit.

18. The method of claim 17 wherein the transfer of said data from said second hardware interface to said portable electronic data storage device and the transfer of said data from said portable electronic data storage device to said first hardware interface is transferred magnetically.

19. The method of claim 16 wherein the submission of payment information is conducted via a point of sale apparatus coupled to said computer client.