Automated banking system for making change on a card or user account
DCFirst Claim
1. An ATM banking machine for performing a number of transactions by a user, said banking machine comprising:
- a payment acceptor for accepting a payment from a user and for determining the amount of payment received from the user;
an interface and display on the machine operable by the user to select transactions, enter commands and receive information from the machine;
a card acceptor for receiving and verifying a user'"'"'s card;
a transaction selector actuatable by the user to operate the interface and display to perform a transaction for which the payment is being made by the user;
a calculator for determining a transactional difference between the amount for the transaction and the payment made by the user;
a cash money dispenser in said machine having only bills to be dispensed and no coins, the cash money dispenser being operable after an input signal from the calculator to dispense as much of the transactional difference as can be done with cash bills money available in cash dispenser as a cash money portion of the transactional difference;
the calculator calculating any remainder of the difference unavailable to be said as cash as an electronic remainder payment portion of the difference; and
a transfer device for transferring the electronic remainder payment portion of the transactional difference to a card or to an account of the user to avoid the use of coins.
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Litigations
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Accused Products
Abstract
An unattended banking machine such as an ATM machine has a payment acceptor for accepting payment from the machine user and for determining the amount of payment from the user. A calculator determines the transactional difference between the amount of the transaction and the payment by the user. In ATM machines service fees may be charged to the ATM user for issuing a money order or for a wire transfer that are not in even multiples of the smallest denomination of the currency being dispensed by the ATM machine. The preferred cash dispenser has only bills of different denominations and no coins. To pay the transactional difference without the use of very small denomination currency and/or coins the transactional difference is divided into a cash payment portion which is dispensed in bills from the machine'"'"'s cash dispenser. The remainder of the transactional payment is paid electronically to the ATM user either on a card, such as a smart card, or into the user'"'"'s ATM account as an electronic remainder payment portion. The ATM machine includes a card reader and card writer to add the electronic payment portion to the balance on the card. The ATM machine may perform a number of other transactions such as cashing a check, paying a bill, and purchasing an item.
433 Citations
21 Claims
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1. An ATM banking machine for performing a number of transactions by a user, said banking machine comprising:
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a payment acceptor for accepting a payment from a user and for determining the amount of payment received from the user; an interface and display on the machine operable by the user to select transactions, enter commands and receive information from the machine; a card acceptor for receiving and verifying a user'"'"'s card; a transaction selector actuatable by the user to operate the interface and display to perform a transaction for which the payment is being made by the user; a calculator for determining a transactional difference between the amount for the transaction and the payment made by the user; a cash money dispenser in said machine having only bills to be dispensed and no coins, the cash money dispenser being operable after an input signal from the calculator to dispense as much of the transactional difference as can be done with cash bills money available in cash dispenser as a cash money portion of the transactional difference; the calculator calculating any remainder of the difference unavailable to be said as cash as an electronic remainder payment portion of the difference; and a transfer device for transferring the electronic remainder payment portion of the transactional difference to a card or to an account of the user to avoid the use of coins. - View Dependent Claims (2, 3, 4, 5, 6, 7, 9, 10)
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8. A banking machine in accordance with claim 8 wherein:
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the document comprises a check; and
further comprisinga reader for reading an amount on a legal amount recognition line, which is written in cursive, and for reading a courtesy amount recognition line for the amount written thereon.
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11. A method of operating a banking machine for performing a transaction by a user, comprising:
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providing an automated ATM machine having a card receiver for receiving a card which identifies a qualified user for using the machine; inserting the card into the automated machine and reading data on the card and verifying that the user is qualified; inserting a payment into the automated machine for payment of the transaction; determining the payment amount received from the user; selecting a transaction for which payment has been made by the user; providing a cash dispenser for dispensing only bills and no coins; determining a transactional difference between the amount of the transaction and the payment paid into the machine by the user; determining a cash payment portion of the transactional difference to be dispensed from the cash dispenser and determining the remainder to be dispensed as an electronic remainder portion of the transactional difference; dispensing from a cash money dispenser the cash payment portion of the transactional difference; and electronically dispensing the transactional electronic remainder portion onto a card or into an account of the user. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19, 20, 21)
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Specification