Novel Coin Exchange system and method
First Claim
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10-1. The method of claim 1, wherein in said preferred method is donating, by said user, said amount less a fee to a charity.
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Abstract
A method and a system of exchanging coins, comprising determining an amount of coins to be dispensed in a sales transaction; transmitting the amount to a card reader terminal; retrieving account identification data from a card wherein the card stores account identification data; transmitting the amount and the account identification data to a central computer; redeeming, by an user at a later time, the amount less a fee in an user'"'"'s preferred method.
8 Citations
25 Claims
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10-1. The method of claim 1, wherein in said preferred method is donating, by said user, said amount less a fee to a charity.
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13. A coin exchange system comprising:
- a central computer;
a cashier machine positioned in a retail store, wherein said retail store is located remotely from said central computer;
a card, wherein said card stores account identification data;
a card reader terminal operably linked to said cashier machine and communicately linked to said central computer, wherein said card reader terminal retrieves said personal identification data and transmits said personal identification data to said central computer, wherein said cashier machine determines an amount of coins to be dispensed in a sales transaction and transmits said amount to said card reader terminal, wherein said card reader terminal transmits said amount to said central computer, wherein said central computer stores said amount and said personal identification data, wherein an user redeems said amount at a later time in an user'"'"'s preferred method. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25)
- a central computer;
Specification