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CREDIT CARD AUTOMATIC CURRENCY DISPENSER

  • US 3,761,682 A
  • Filed: 10/07/1971
  • Issued: 09/25/1973
  • Est. Priority Date: 10/07/1971
  • Status: Expired due to Term
First Claim
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1. A method of machine dispensing currency in response to coded data on a document presented to the machine, comprising the steps of:

  • reading the coded data on the document, comparing the coded data with a verification code inserted and stored in the machine for verification of the validity of the presented document, updating the coded data after document verification to reflect the currency dispensing transaction, encoding the updated coDed data onto a document to be removed from the machine, and delivering a selected currency amount upon presentation of a properly verified document.

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