System for making payments for transactions

• US 4,673,802 A
• Filed: 10/21/1986
• Issued: 06/16/1987
• Est. Priority Date: 02/23/1983
• Status: Expired due to Fees

• Current Assignee: Omron Tateisi Electronics Co. (Omron Corporation)
• Original Assignee: Omron Tateisi Electronics Co. (Omron Corporation)
• Inventors: Ohmae, Kenichi, Ueno, Nobuyuki, Tateisi, Kazuma, Shinohara, Yoshitsugu
• Primary Examiner(s): TRAFTON, DAVID
• Application Number:
  US06/921,821
• Time in Patent Office: 238 Days
• Field of Search: 235/379, 235/380, 364/406
• US Class Current: 705/17
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/023 the neutral party being a clearing house
• CPC Class Codes: G06Q 20/04 Payment circuits
• 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 20/24 Credit schemes, i.e. "pay after"
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G07F 7/08 by coded identity card or credit card or other personal identification means without personal verification means G07F7/02

Abstract

A transaction payment system including a central processing system. The central processing system has an account file including a file portion having stored therein data relating to the accounts of users and a file portion having stored therein data relating to the accounts of stores, and an outstanding transaction file for storing outstanding transaction data. The central processing system comprises a CPU for checking with the transaction data on the outstanding transaction file whether a predetermined period of indulgence has elapsed from the date of each transaction. The sum of transaction involving lapse of the indulgence period and included in the transaction data on the outstanding transaction file is withdrawn from the corresponding user account on the account file and stored in the corresponding store account thereon.

Claims

1. A system for making payments for transactions, comprising:

(a) a plurality of transaction terminals each having;

(i) a card reader for reading data from a bank card having recorded therein data relating to an account number of its user and data relating to a bank where the account of the user is provided,

(ii) means for entering data relating to sums of transactions, and

(iii) means for setting an account number of a store, and

(b) a central processing system operatively connected with said transaction terminals and having;

an account file including a file portion having stored therein data relating to the accounts of users and a file portion having stored therein data relating to the accounts of stores,

an outstanding transaction file for storing outstanding transaction data for at least a predetermined period of indulgence, said outstanding transaction data including sums of the transactions, account numbers of users, account numbers of stores provided by said transaction terminals and data relating to the transactions,

means for checking the transaction data on the outstanding transaction file to determine whether the predetermined period of indulgence has elpased from the data of each transaction, and

transfer means for withdrawing a sum of a transaction, which is associated with a lapse of the indulgence period, from the corresponding user account on the account file and adding the sum in the corresponding store account.

2. A system as defined in claim 1 wherein the user account file portion and the store account file portion are provided at the control center of the same bank.

3. A system as defined in claim 1 wherein the user account file portion and the store account file portion are provided at the control centers of different banks respectively.

4. A system as defined in claim 1 wherein each of the transaction terminals is connected to the central processing system by a transmission line, each of the terminals further comprising:

transmission control means for transmitting said data from the card, the sums of the transactions and the account numbers of stores to the central processing system and receiving from the central processing system data relating at least to whether the transaction is acceptable,

display means for showing the data relating to the accetability of the transaction, and

means for printing data relating to the transaction when the transaction is acceptable.

5. A system as defined in claim 4 wherein the terminal is an electronic cash register.