CREDIT CARD PAYMENT SYSTEM FOR HANDLING NUMEROUS PAYORS

• US 20110251909A1
• Filed: 04/11/2011
• Published: 10/13/2011
• Est. Priority Date: 04/09/2010
• Status: Abandoned Application

• Current Assignee: Clark S. Clark
• Original Assignee: Clark S. Clark
• Inventors: Clark, Clark S.
• Application Number:
  US13/084,529
• Publication Number:
  US 20110251909A1
• Time in Patent Office: Days
• US Class Current: 705/17
• CPC Class Codes: G06K 13/08 Feeding or discharging cards
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/204 comprising interface for record bearing medium or carrier for electronic funds transfer or payment credit
• CPC Class Codes: G06Q 20/229 Hierarchy of users of accounts
• CPC Class Codes: G06Q 20/24 Credit schemes, i.e. "pay after"
• CPC Class Codes: G07F 7/08 by coded identity card or credit card or other personal identification means without personal verification means G07F7/02
• CPC Class Codes: G07F 7/0833 Card having specific functional components
• CPC Class Codes: G07F 7/0873 Details of the card reader
• CPC Class Codes: G07G 1/0018 Constructional details, e.g. of drawer, printing means, input means
• CPC Class Codes: G07G 1/0036 Checkout procedures

Abstract

A method, apparatus, computer system and computer program product for managing a plurality of credit card payments over a communications network is disclosed. The apparatus of the present invention includes a plurality of slots, each allowing for insertion of a card. Each slot includes a sensor for reading information from a card inserted into the slot and a moving mechanism for ejecting a card inserted into the slot. The apparatus further includes a processor communicatively coupled with each sensor and moving mechanism associated with each slot, wherein the processor is configured for receiving data read by the sensors and sending an actuation command to the moving mechanisms. The apparatus further includes a communications module communicatively coupled with the processor for sending data read by the sensors and receiving commands for actuating the moving mechanisms.

Claims

1. An apparatus for managing a plurality of credit card payments, comprising:

a plurality of slots, each allowing for insertion of a card, wherein each slot includes;

a sensor for reading information from a card inserted into the slot; and

a moving mechanism for ejecting a card inserted into the slot;

a processor communicatively coupled with each sensor and moving mechanism associated with each slot, wherein the processor is configured for receiving data read by the sensors and sending an actuation command to the moving mechanisms; and

a communications module communicatively coupled with the processor for sending data read by the sensors and receiving commands for actuating the moving mechanisms.

2. The apparatus of claim 1, wherein a sensor comprises a magnetic strip reading mechanism.

3. The apparatus of claim 1, wherein a sensor comprises a raised lettering reading mechanism.

4. The apparatus of claim 1, wherein a sensor comprises a storage medium reading mechanism.

5. The apparatus of claim 1, wherein a moving mechanism comprises a spring activated latch that releases a loaded spring upon receiving an actuation command.

6. The apparatus of claim 1, wherein a moving mechanism comprises a motor that commences movement upon receiving an actuation command.

7. The apparatus of claim 1, wherein the processor is further configured for sending the data received from the sensors to the communications module.

8. The apparatus of claim 7, wherein the processor is further configured for sending an actuation command to a particular moving mechanism upon receiving a command for actuating the moving mechanism from the communications module.

9. The apparatus of claim 1, wherein the communications module further comprises a network interface card.

10. The apparatus of claim 1, wherein the communications module further comprises any one of a serial port, a parallel port, a USB port, an IEEE 1394 port, a wireless Bluetooth transmitter/receiver and a wireless IEEE 802.11 transmitter/receiver.

11. A system for managing a plurality of credit card payments, comprising:

a point of sale accounting system executing on a computer;

a payment processing system executing on a computer connected to a communications network and communicatively coupled with a payment gateway, wherein the payment processing system is connected to the point of sale system;

a card processing apparatus communicatively coupled with the payment processing system, the card processing apparatus comprising;

a plurality of slots, each allowing for insertion of a card, wherein each slot includes;

a sensor for reading information from a card inserted into the slot; and

a moving mechanism for ejecting a card inserted into the slot;

a processor communicatively coupled with each sensor and moving mechanism associated with each slot, wherein the processor is configured for receiving data read by the sensors and sending an actuation command to the moving mechanisms; and

a communications module communicatively coupled with the processor for sending data read by the sensors and receiving commands for actuating the moving mechanisms.

12. The system of claim 11, wherein a sensor comprises at least one of a magnetic strip reading mechanism, a raised lettering reading mechanism and a storage medium reading mechanism.

13. The system of claim 11, wherein a moving mechanism comprises at least one of a spring activated latch that releases a loaded spring upon receiving an actuation command and a motor that commences movement upon receiving an actuation command.

14. The system of claim 11, wherein the processor is further configured for sending the data received from the sensors to the communications module, which is configured for sending the data received from the sensors to the payment processing system.

15. The system of claim 14, wherein the processor is further configured for sending an actuation command to a particular moving mechanism upon receiving a command for actuating the moving mechanism from the communications module, and wherein the payment processing system is configured for sending a command for actuating the moving mechanism to the communications module upon receiving a payment acknowledgement from the payment gateway.

16. The system of claim 11, wherein the communications module further comprises a network interface card.

17. A method for managing a plurality of credit card payments, comprising:

reading information from a credit card inserted into a card processing apparatus;

establishing an account associated with the credit card, wherein a name on the credit card is associated with the account;

entering at least one charge associated with the account;

sending a payment request to a payment gateway over a communications network, wherein the payment request includes data associated with the account and any charges associated with the account;

receiving a payment acknowledgement from the payment gateway; and

sending an actuation command to a moving mechanism coupled with the credit card processing apparatus, wherein the moving mechanism is configured for ejecting the credit card when actuated.

18. The method of claim 17, further comprising:

reading information from an identification card inserted into the card processing apparatus, wherein the identification card is associated with the credit card; and

wherein establishing the account associated with the credit card includes associating any data from the identification card with the account.

19. The method of claim 18, further comprising:

transmitting a message to an owner of the card over the communications network, wherein the message includes data associated with any charges associated with the account.

20. The method of claim 19, wherein the step of transmitting a message further comprises:

transmitting an email or text message to the owner of the card, wherein the email or text message includes a copy of a receipt including any charges associated with the account.