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Automated transaction system

  • US 4,802,218 A
  • Filed: 11/26/1986
  • Issued: 01/31/1989
  • Est. Priority Date: 11/26/1986
  • Status: Expired due to Term
First Claim
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1. An automated transaction system comprising:

  • (a) a user card having a card microprocessor mounted therein for maintaining a transaction account, said user card having data output means connected to said microprocessor;

    (b) a transaction terminal having first receiving means for receiving said user card inserted therein and establishing a connection with said user card data output means, and operating means including a terminal microprocessor for performing a set of terminal operations;

    (c) a value dispensing section securely mounted in said transaction terminal having a dedicated, dispensing section microprocessor incorporated therein for operating said value dispensing section to dispense an item of value separately from performance by said transaction terminal of said set of terminal operations; and

    (d) first path means formed in said transaction terminal for establishing a data communication path between said user card microprocessor inserted in said first receiving means of said transaction terminal and said dispensing section microprocessor of said value dispensing section, such that said user card microprocessor communicates with said dispensing section microprocessor to authorize the dispensing of an item of value by said value dispensing section and correspondingly to update said transaction account maintained by said user card microprocessor.

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