Machine and method for redeeming currency to dispense a value card

• US 7,949,582 B2
• Filed: 05/14/2007
• Issued: 05/24/2011
• Est. Priority Date: 05/13/1996
• Status: Expired due to Fees

• Current Assignee: Cummins-Allison Corporation (Crane Company)
• Original Assignee: Cummins-Allison Corporation (Crane Company)
• Inventors: Munro, Mark C., Mennie, Douglas U., Jones, William J.
• Primary Examiner(s): Gart; Matthew S
• Assistant Examiner(s): Masud; Rokib
• Application Number:
  US11/803,281
• Publication Number:
  US 20070237381A1
• Time in Patent Office: 1,471 Days
• Field of Search: 194/206, 194/210, 235/379, 235/380, 235/449, 235/487, 235/383, 705/1, 705/14, 705/17, 705/26, 705/28, 705/41, 705/43, 705/44, 705/67, 705/16, 705/35, 435/10, 364/479
• US Class Current: 705/35
• CPC Class Codes: G06Q 10/10 Office automation; Time management
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G06Q 20/0425 the cheque being electronic only
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/105 involving programming of a portable memory device, e.g. IC cards, "electronic purses"
• 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 20/18 involving self-service terminals [SST], vending machines, kiosks or multimedia terminals
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06T 1/00 General purpose image data processing
• CPC Class Codes: G06V 30/10 Character recognition
• CPC Class Codes: G06V 30/127 with the intervention of an operator
• CPC Class Codes: G06V 30/274 Syntactic or semantic context, e.g. balancing
• CPC Class Codes: G07D 11/50 Sorting or counting valuable papers
• CPC Class Codes: G07D 7/04 Testing magnetic properties of the materials thereof, e.g. by detection of magnetic imprint G07D7/01 takes precedence
• CPC Class Codes: G07D 7/06 using wave or particle radiation
• CPC Class Codes: G07D 7/12 Visible light, infrared or ultraviolet radiation
• CPC Class Codes: G07D 7/1205 Testing spectral properties
• CPC Class Codes: G07D 7/20 : Testing patterns thereon G07D7/004, G07D7/005 take precedence
• CPC Class Codes: G07F 19/20 : Automatic teller machines [ATMs]
• CPC Class Codes: G07F 19/202 : Depositing operations within ATMs depositing in general G07D11/00
• CPC Class Codes: G07F 19/207 : Surveillance aspects at ATMs
• CPC Class Codes: G07F 7/04 : by paper currency

Abstract

A document processing system comprises an input receptacle for receiving documents. A transport mechanism receives the documents from the input receptacle and transports the documents past a full image scanner and a discrimination unit. An output receptacle receives the documents from the transport mechanism after being transported past the full image scanner and the discrimination unit. The full image scanner includes means for obtaining a full video image of said documents, means for obtaining a image of a selected area of said documents, and means for obtaining information contained in said selected area of said document. The discrimination unit includes means for determining the authenticity of said document. A system controller directs the flows of documents over the transport mechanism.

Claims

1. A self-service exchange machine configured to receive currency from a customer and dispense to the customer a card associated with a value relating to the value of the received currency, comprising:

a coin module for receiving bulk mixed coins input by said customer in a coin hopper in association with the exchange transaction, said coin module being configured to substantially simultaneously receive the bulk mixed coins in the coin hopper, to separate the bulk mixed coins into a single-file stream of coins using a motor-driven rotary sorting device and, following the separation of the bulk mixed coins into a single-file stream of coins, to discriminate between valid and invalid coins using at least one discrimination sensor disposed along the coin path of the single-file stream of coins;

a bill module for receiving bills input by said customer, said bill module discriminating between valid and invalid bills;

a touch screen display device;

a card dispenser for dispensing a card having a storage medium for storing a monetary value; and

a controller coupled to said touch screen display device, said coin module, said bill module, and said card dispenser, said controller determining a total value of valid coins and valid bills input into said coin module and said bill module and causing the display of at least the total value on the touch screen display device, said controller instructing said card dispenser to dispense said card with a monetary value that is related to said total value to complete the exchange transaction wherein the card is exchanged for the input currency, wherein said monetary value stored on the dispensed card can be for any monetary value input by the customer and is not constrained to a predetermined value or values.

2. The self-service exchange machine of claim 1, wherein said sorting device comprises a high-speed coin sorter having a rotating disc and a stationary sorting head for processing said bulk mixed coins, wherein the stationary sorting head is disposed adjacent to and above the rotating disc, and wherein the stationary sorting head comprises features defining coin paths along which the coins are guided by the rotating disc.

3. The self-service exchange machine of claim 1, wherein said comprises a rail sorter with selectively sized openings for processing said bulk mixed coins following separation of the coins into a single-file stream of coins and discrimination thereof.

4. The self-service exchange machine of claim 1, wherein said coin module is configured to discharge coins to denomination-specific Federal Reserve half coin bags or Federal Reserve full coin bags or one or more receptacles having a capacity at least equivalent thereto, and wherein said redemption machine includes at least two bags that receive coins from a pre-selected denomination, said controller being coupled to a diverter configured to selectively divert coins of said pre-selected denomination to one of said at least two bags.

5. The self-service exchange machine of claim 1, wherein said total value of valid coins and valid bills input into said coin module and said bill module is held in escrow until said customer approves said total value, said controller dispensing said card upon receipt of said customer approval.

6. The self-service exchange machine of claim 1, further including a printer coupled to said controller for printing a written record of said transaction.

7. The self-service exchange machine of claim 1, further including a slot having a device configured to read and write to a smart card, said controller being coupled to said device configured to read and write to a smart card and being configured to cause said device to add value to said smart card, said machine having a customer interface panel allowing said customer to allocate a portion of said total value to said smart card and a portion of said total value to said card that is dispensed from said card dispenser.

8. The self-service exchange machine of claim 1, further including a currency dispenser for dispensing currency to said customer, said controller being coupled to said currency dispenser, said machine having a customer interface panel allowing said customer to allocate a portion of said total value as currency dispensed from said currency dispenser and a portion of said total value to said card that is dispensed from said card dispenser.

9. The self-service exchange machine of claim 1, further including a connector coupling said machine to an external network accessing a credit line of said customer, said machine having a customer interface panel allowing said customer to withdraw funds from said credit line, said total value including said withdrawn funds from said credit line.

10. The self-service exchange machine of claim 9, wherein said credit line is in the form of a credit card, said machine including a slot having a media reader for reading information from said credit card of said customer.

11. The self-service exchange machine of claim 1, wherein said coin module, said bill module, said dispenser, and said controller are all integrated into a single housing.

12. The self-service exchange machine of claim 1, wherein said card from said dispenser is a smart card.

13. The self-service exchange machine of claim 1, wherein said bill module receives a stack of bills of mixed denominations.

14. The self-service exchange machine of claim 1, wherein said coin module and said bill module count, respectively, said valid coins and said valid bills, and said controller receives a total value from both said coin module and said bill module that said controller adds to determine said total value.

15. The self-service exchange machine of claim 1, wherein said monetary value is equal to said total value.

16. The self-service exchange redemption machine of claim 1, further including at least one receptacle for receiving said valid coins from said coin module.

17. The self-service exchange machine of claim 16, wherein said at least one receptacle includes a plurality of receptacles, each of said plurality of receptacles being dedicated to a particular denomination.

18. The self-service exchange machine of claim 1, further comprising a currency dispenser for dispensing currency to said customer, said controller being configured, responsive to a customer input designating an allocation between a first portion of the total value that is to be dispensed by the currency dispenser to the customer and a second portion of the total value that is to be stored as said monetary value on said card dispensed from said card dispenser, to output a signal or signals to the currency dispenser to dispense said first portion of the total value that is to be dispensed to the customer by the currency dispenser and to output a signal or signals to the card dispenser to store a value corresponding to the second portion of the total value on a card to be dispensed to the customer and to dispense the card to the customer.

19. The self-service exchange machine of claim 18, wherein said total value is allocated entirely to said card.

20. A method of exchanging currency input by a customer at a self-service exchange machine for a card associated with a value relating to the value of the received currency, comprising:

receiving bulk mixed coins input from said customer into a coin hopper of the self-service exchange machine;

separating the bulk mixed coins into a single-file stream of coins in the self-service exchange machine;

discriminating between valid coins and invalid coins of said bulk mixed coins using at least one discrimination sensor, a processor, and a physical memory having a database of acceptable sensor readings for valid coins;

receiving at least one bill input from said customer in a bill processing module of the self-service exchange machine;

discriminating between valid bills and invalid bills from said at least one bill input by said customer using at least one discrimination sensor, the processor or another processor, and the physical memory or another physical memory having a database of acceptable sensor readings for valid bills;

determining a total input value of the input currency consisting of said valid bills, said valid coins, or both said valid bills and said valid coins, using the processor or the another processor; and

dispensing a card from a card dispenser of the self-service exchange machine in exchange for the input currency having said total input value, the dispensed card having a storage medium for storing a monetary value, the storage medium having stored thereon a monetary value that is related to said total input value of currency,

wherein said monetary value stored on the dispensed card can be for any monetary value input by the customer and is not constrained to a predetermined value or values.

21. The method of claim 20, further including receiving a credit card from said customer so as to deduct an amount from a line of credit from said credit card, said step of determining said total inputted value further including adding said amount from said line of credit.

22. The method of claim 21, further including receiving instructions from said customer regarding said amount deducted from said line of credit.

23. The method of claim 20, wherein said card is a smart card.

24. The method of claim 20, further including distributing said valid coins into a plurality of coin receptacles, each receptacle in said plurality of coin receptacles being dedicated to a certain denomination.

25. The method of claim 20, further including selectively distributing valid coins of a first denomination to one of two receptacles dedicated to said first denomination.

26. The method of claim 20, further including selectively distributing said valid coins to one of a plurality of coin receptacles, each receptacle of said plurality of coin receptacles being dedicated to all denominations.

27. The method of claim 20, further including holding said coins and said bills received from said customers in escrow, and said step of dispensing said card includes receiving an approval response from said customer concerning said total inputted value being held in escrow.

28. The method of claim 20, wherein said receiving said bills includes receiving a stack of bills of mixed denominations.

29. The method of exchanging currency input by a customer at a self-service exchange machine claim 20, further including distributing said valid coins into at least one receptacle.

30. The method of exchanging currency input by a customer at a self-service exchange machine claim 20, wherein the storage medium has stored thereon a monetary value that is equal to said total input value of currency.