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Electronic purse-device

  • US 4,877,950 A
  • Filed: 08/23/1982
  • Issued: 10/31/1989
  • Est. Priority Date: 08/23/1982
  • Status: Expired due to Fees
First Claim
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1. For use with an electronic fund transfer device having an outer wall portion with a reactive transfer element for enabling transfer of data between said transfer device and an associated device;

  • a terminal having a frame, receptable means coupled to said frame for reciprocable motion between a ready position and an operate position, said receptacle having a forward wall portion accessible by the outer wall portion of the transfer device, said forward wall portion including a reactive transfer element reactively engageable with the transfer device reactive transfer element when the outer wall portion and said forward wall portion are arranged in mutual contact, means for biasing said receptacle means to said ready position, and means for enabling data transfer via said reactive elements when said receptacle means is moved towards said operate position.

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