Automated teller machine dispenser of debit cards

• US 6,105,009 A
• Filed: 08/03/1998
• Issued: 08/15/2000
• Est. Priority Date: 06/16/1997
• Status: Expired due to Fees

• Current Assignee: Default Proof Credit Card System Incorporated
• Original Assignee: Vincent Cuervo
• Inventors: Cuervo, Vincent
• Primary Examiner(s): Trammell, James P.
• Assistant Examiner(s): Nguyen, Nga B.
• Application Number:
  US09/128,088
• Time in Patent Office: 743 Days
• Field of Search: 705/41, 705/42, 705/43, 705/17, 705/44, 705/35, 705/39, 705/23, 235/380, 235/379, 235/375, 283/67, 283/101, 283/57, 379/114, 379/144, 379/91.01
• US Class Current: 705/43
• CPC Class Codes: G06Q 20/00 Payment architectures, schemes or protocols apparatus for performing or posting payment transactions G07F7/08, G07F19/00; electronic cash registers G07G1/12
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/108 Remote banking, e.g. home banking
• CPC Class Codes: G06Q 20/1085 involving automatic teller machines [ATMs]
• 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 20/28 Pre-payment schemes, e.g. "pay before"
• CPC Class Codes: G06Q 20/387 Payment using discounts or coupons relating to marketing G06Q30/02
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G07F 17/42 for ticket printing or like apparatus , e.g. apparatus for dispensing of printed paper tickets or payment cards
• CPC Class Codes: G07F 19/20 Automatic teller machines [ATMs]
• CPC Class Codes: G07F 19/203 Dispensing operations within ATMs dispensing in general G07D11/00

Abstract

An automated machine for dispensing debit cards that includes an automated teller machine (ATM) with input and output capabilities and a dispenser for debit cards that include each one unique identification number on a storage member thereon. A user enters his or her particulars and those of the transaction which are merged with one of the unique identification numbers and transmitted to a remote computer facility that acts as a clearing house for the users'"'"' transactions. The remote facility includes input and output means to communicate with the debit card dispenser and the associated circuitry to obtain the identification numbers of the debit cards being dispensed and the particulars of the users and the transactions. Adequate software is provided in the remote facility to permit users to accesss the same line of credit opened for one or more debit cards so that different users can remotely access and affect one or more lines of credit.

Claims

1. An automated machine for dispensing debit cards, comprising:

A) an automated teller machine assembly including first computer means with associated first storage means that further include input and output means for entering information from a user pertaining to his or her particulars and the particulars of the transaction in said first storage means, said first input means includes a keypad assembly, a bill acceptance port and a credit/debit card charge assembly and further including means for validating the funds made available through said input means so that a line of credit is computed by said first computer means and stored in said first storage means with a validation signal and a block of information is assembled and ready for transmission;

B) means for dispensing at least one debit card for each transaction, and each of said debit cards including means for storing a unique identification number, and said debit cards being dispensed only after a first predetermined number of conditions have been met and said validation signal is received from said automated teller machine; and

C) a remotely located computerized clearing house assembly, including second computer means with associated second storage means, second input and output means for receiving and sending said block of information from and to said automated teller machine and said second storage means further including data and instructions to process said block of information so that a line of credit is entered for each of said identification numbers.

2. The automated machine for dispensing debit cards set forth in claim 1, wherein the instructions and data in said second storage means permit a user to link more than one of said identification numbers of said debit cards to one line of credit thereby permitting more than one users to simultaneously access said credit line.

3. The automated machine set forth in claim 2 wherein the instructions and data in said second storage means permits an issuer to affect the line of credit of the users upon the occurrence of a second number of predetermined conditions.

4. The automated machine set forth in claim 3 wherein said second number of predetermined conditions includes the passage of time with unused balances.

5. The automated machine set forth in claim 4 wherein the users can send and receive funds through the use of linked debit cards over a network of remotely distributed ATM assemblies.

6. The automated machine set forth in claim 3, wherein said second number of predetermined conditions includes the use of said debit cards in predetermined geographic locations.

7. The automated machine set forth in claim 6 wherein said line of credit is calculated in one or more pre-selected currencies.

8. The automated machine set forth in claim 7 wherein predetermined incentives are added to said line of credit, selectively, upon the occurrence of said second number of predetermined conditions.