SYSTEMS, METHODS AND PROCESSOR-READABLE MEDIA FOR CONVERTING COINS TO ELECTRONIC FUNDS DEPOSITED WITH AN ACCOUNT ASSOCIATED WITH A USER AT A POINT OF SALE
First Claim
1. A method for engaging in a transaction using virtual funds, said method comprising:
- selecting goods or services at a point-of-sale for a transaction;
receiving from said point-of-sale, an amount due with respect to said goods or services selected;
providing electronic cash from a virtual coin purse associated with a payor;
settling said transaction utilizing said electronic funds from said virtual coin purse; and
updating a current balance of said virtual coin purse.
1 Assignment
0 Petitions
Accused Products
Abstract
Methods, systems and processor-readable media for converting coins at a point-of-sale into electronic funds. Cash can be accepted from a payor for payment of a transaction at a point-of-sale together with identifying information for a virtual coin purse associated with the payor. An amount due for payment and an amount due as change for a settlement of the transaction at the point-of-sale can be reconciled. The virtual coin purse associated with the payor can be credited in a form of electronic funds for change due in lieu of coins with respect to the transaction. The amount due as change and an amount due as bills and an amount due as the coins can be categorized. Bills can be provided to the payor and the amount due as coins are then directed as electronic funds to the virtual coin purse.
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Citations
21 Claims
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1. A method for engaging in a transaction using virtual funds, said method comprising:
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selecting goods or services at a point-of-sale for a transaction; receiving from said point-of-sale, an amount due with respect to said goods or services selected; providing electronic cash from a virtual coin purse associated with a payor; settling said transaction utilizing said electronic funds from said virtual coin purse; and updating a current balance of said virtual coin purse. - View Dependent Claims (2, 3, 4, 5, 6, 7)
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8. A system for engaging in a transaction using virtual funds, said system comprising:
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a processor; a data bus coupled to said processor; and a computer-usable medium embodying computer code, said computer-usable medium being coupled to said data bus, said computer program code comprising instructions executable by said processor and configured for; selecting goods or services at a point-of-sale for a transaction; receiving from said point-of-sale, an amount due with respect to said goods or services selected; providing electronic cash from a virtual coin purse associated with a payor; settling said transaction utilizing said electronic funds from said virtual coin purse; and updating a current balance of said virtual coin purse. - View Dependent Claims (9, 10, 11, 12, 13, 14)
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15. A processor-readable medium storing code representing instructions to cause a processor to perform a process to engage in a transaction using virtual funds, said code comprising code to:
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select goods or services at a point-of-sale for a transaction; receive from said point-of-sale, an amount due with respect to said goods or services selected; provide electronic cash from a virtual coin purse associated with a payor; settle said transaction utilizing said electronic funds from said virtual coin purse; and update a current balance of said virtual coin purse. - View Dependent Claims (16, 17, 18, 19, 20, 21)
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Specification