Banking system that operates to cause financial transfers responsive to data read from data bearing records

• US 8,701,984 B1
• Filed: 12/10/2012
• Issued: 04/22/2014
• Est. Priority Date: 11/14/2000
• Status: Expired due to Term

• Current Assignee: Diebold Nixdorf, Incorporated
• Original Assignee: Diebold Incorporated (Diebold Nixdorf, Incorporated)
• Inventors: Shirah, Roy, Junkins, Andrew, Force, Matthew, Ryan, Mike, Beskitt, William, Bowser, Robert, Smith, Mark D.
• Primary Examiner(s): FRANKLIN, JAMARA ALZAIDA
• Application Number:
  US13/709,796
• Time in Patent Office: 498 Days
• Field of Search: 235/379
• US Class Current: 235/379
• CPC Class Codes: G06Q 30/04 Billing or invoicing
• CPC Class Codes: G07F 19/20 Automatic teller machines [ATMs]
• CPC Class Codes: G07F 19/207 Surveillance aspects at ATMs
• CPC Class Codes: G07F 19/211 Software architecture within ATMs or in relation to the ATM network

Abstract

A banking system includes a plurality of automated banking machines and operates to cause financial transfers responsive to data read from data bearing records. Each machine (10) includes a user interface (16), a card reader (18) of data bearing records, a cash dispenser (42), and other transaction function devices. The card reader operates to read card data corresponding to financial accounts from user cards. In exchange for providing the machines at no charge to a merchant, user transaction fees assessed to machine users are shared by both the machine provider and the merchant.

Claims

1. A method comprising:

(a) providing to a merchant, an automated banking machine operable to cause financial transfers responsive at least in part to data read from data bearing records,

wherein the machine includes;

at least one reader operable to read user data usable to identify a financial account on which financial transactions are carried out,

a lockable housing, wherein the lockable housing bounds an interior area,

a cash dispenser,

a processor arrangement,

wherein the processor arrangement includes at least one processor,

 

wherein the at least one processor is in operative connection with the at least one reader and the cash dispenser,

 

wherein the at least one processor includes dedicated programming,

 

wherein the programming causes the cash dispenser to dispense cash from the machine responsive at least in part to communication of at least one message only between the machine and at least one remote system,

wherein the processor arrangement is within the interior area,

wherein the processor arrangement is configured to prevent a changing of the programming by the merchant that would enable communication of the at least one message between the machine and any remote system other than the at least one remote system,

wherein the machine is provided for less than fair market cost of providing the machine to the merchant;

(b) subsequent to (a), operating at least one remote computer to;

(bi) allow the machine to dispense cash to at least one user of the machine, and

(bii) cause at least one transaction fee to be assessed to the at least one user of the machine;

(c) subsequent to (b), operating the at least one remote computer to determine a total amount of transaction fees that were assessed to users of the machine during a predetermined time period; and

(d) operating the at least one remote computer to calculate an amount of the total amount determined in (c) that is payable to the merchant.

2. The method according to claim 1 wherein in (a) the machine is provided with the at least one reader comprising a card reader and a biometric reader, wherein the at least one remote computer includes a transaction host computer, and further comprising:

(e) operating the card reader to read card data;

(f) operating the biometric reader to read biometric data; and

(g) authorizing a machine user to request a financial transaction that involves operation of the cash dispenser, responsive at least in part to each of;

computer-determined correspondence between the card data read in

(e) and stored card information,

computer-determined correspondence between the biometric data read in (f) and stored biometric information, and

computer-determined correspondence between the card data read in

(e) and the biometric data read in (f).

3. The method according to claim 1 wherein the at least one remote system includes a particular transaction switch,

wherein the machine provided in (a) is configured to communicate with only one system address in the conduct of transactions,

wherein the system address corresponds to an address of the particular transaction switch,

and further comprising:

(e) operating the at least one remote computer to cause at least one switch usage fee to be assessed for operation of the particular transaction switch in carrying out at least one transaction.

4. The method according to claim 1 and further comprising:

(e) operating the at least one remote computer to cause an account of the merchant to be credited for the amount calculated in (d).

5. A method comprising:

(a) providing to a merchant, an automated banking machine operable to cause financial transfers responsive at least in part to data read from data bearing records,

wherein the machine includes;

at least one reader operable to read user data usable to identify a financial account on which financial transactions are carried out,

a cash dispenser,

a processor arrangement,

 

wherein the processor arrangement includes at least one processor,

 

wherein the at least one processor is in operative connection with the at least one reader and the cash dispenser,

 

wherein the at least one processor includes a configuration that causes the cash dispenser to dispense cash from the machine responsive at least in part to communication of at least one message between the machine and at least one remote system,

wherein the processor arrangement includes a configuration that is adapted to prevent reconfiguring of the at least one processor by the merchant that would enable communication of the at least one message between the machine and any remote system other than the at least one remote system,

wherein the machine is provided for less than fair market cost of providing the machine to the merchant;

(b) subsequent to (a), operating at least one remote computer to cause at least one transaction fee to be assessed to at least one user of the machine;

(c) subsequent to (b), operating the at least one remote computer to determine a total amount of transaction fees that were assessed to users of the machine during a time period; and

(d) operating the at least one remote computer to determine a portion of the total amount determined in (c) that is payable to the merchant.

6. The method according to claim 5 wherein the at least one processor includes programming,

wherein in (a) the machine is provided with the processor arrangement being configured to prevent the merchant from changing the programming to enable communication of the at least one message between the machine and any remote system other than the at least one remote system.

7. The method according to claim 5 wherein in (a) the machine is provided with the at least one processor including fixed programming.

8. The method according to claim 5 wherein in (c) the time period comprises a predetermined time period, and further comprising:

(e) operating the at least one remote computer to cause an account of the merchant to be credited for the portion determined in (d).

9. The method according to claim 5 wherein the machine provided in (a) is configured to communicate with only one system address in the conduct of transactions, and wherein the system address corresponds to an address of a particular transaction switch.

10. The method according to claim 9 wherein in (a) the machine is provided by an entity that controls the transaction switch.

11. The method according to claim 9 wherein in (a) the machine is provided by an entity that is affiliated with an operator of the transaction switch through a contract agreement.

12. The method according to claim 9 wherein the at least one remote computer includes a transaction host computer, and further comprising:

(e) operating the transaction host computer to cause at least one switch usage fee to be assessed for operation of the particular transaction switch in carrying out at least one transaction.

13. The method according to claim 5 wherein in (a) the machine is provided for a purchase cost to the merchant that is less than the fair market purchase cost of the machine.

14. The method according to claim 13 wherein in (a) the machine is provided for free, wherein the merchant owns the machine.

15. The method according to claim 5 wherein in (a) the machine is provided to the merchant via a machine purchase, lease, loan, or license for a cost to the merchant that is less than fair market cost respectively associated with any of purchasing, leasing, loaning, or licensing the machine.

16. A method comprising:

(a) providing to a merchant, an automated banking machine operable to cause financial transfers responsive at least in part to data read from data bearing records,

wherein the machine includes at least one reader,

wherein the at least one reader is operable to read user data usable to identify a financial account,

wherein the machine includes a cash dispenser,

wherein the machine includes a processor arrangement,

wherein the processor arrangement includes at least one processor,

wherein the at least one processor is programmed to cause, responsive at least in part to communication of at least one message between the machine and at least one remote system, the cash dispenser to dispense cash in carrying out the cash withdrawal transaction,

wherein the processor arrangement is configured to secure the at least one processor from programming tampering by the merchant that would enable communication of the at least one message between the machine and any remote system other than the at least one remote system,

wherein the machine is provided for less than fair market cost of providing the machine to the merchant,

wherein the machine is subject to an agreement between the merchant and a machine provider;

(b) subsequent to (a), operating at least one remote computer to cause at least one transaction fee to be assessed to at least one machine user for use of the machine to carry out a cash withdrawal transaction;

(c) subsequent to (b), operating the at least one remote computer to determine a total amount of transaction fees that were assessed to machine users during a time period; and

(d) operating the at least one remote computer to calculate a merchant portion of the total amount determined in (c) that is to be allocated to the merchant.

17. The method according to claim 16 wherein in (c) the time period comprises a predetermined time period,

wherein the at least one processor is in operative connection with the at least one reader and the cash dispenser,

wherein the machine includes a lockable housing, wherein the lockable housing bounds an interior area,

wherein in (a) the machine is provided with the processor arrangement located in the interior area.

18. The method according to claim 16 wherein the at least one processor includes programming,

wherein in (a) the machine is provided with the processor arrangement being configured to prevent the merchant from changing the programming to enable communication of the at least one message between the machine and any remote system other than the at least one remote system.

19. The method according to claim 18 wherein in (a) the machine is provided with the at least one processor including fixed programming.

20. The method according to claim 16 wherein the at least one remote computer includes a transaction host computer, wherein the at least one remote system includes a particular transaction switch,

wherein the machine provided in (a) is configured to communicate with only one system address in the conduct of transactions, wherein the system address corresponds to an address of the particular transaction switch,

and further comprising:

(e) operating the transaction host computer to cause at least one switch usage fee to be assessed for operation of the particular transaction switch in carrying out at least one transaction.