System and method for checkless cash advance settlement
First Claim
1. A method for conducting a checkless cash access settlement, comprising:
- receiving, at an electronic cash access system terminal located in a gaming environment, a request from a customer for a cash access transaction using a financial account instrument, the cash access transaction used to request a disbursal of cash currency funded from a financial account owned by the customer at a financial institution, the financial account instrument used to access the financial account owned by the customer, and the financial account instrument including a first set of personal information regarding the customer;
obtaining pre-authorization for performance of the cash access transaction with the financial account;
providing information regarding said requested cash access transaction at a station at a cash disbursement location;
obtaining customer identification from a customer identification medium provided by the customer at the station, the customer identification medium issued by a third party and being distinct from the financial account instrument, and the customer identification medium including a second set of personal information regarding the customer, the second set of personal information being encoded on the customer identification medium independent from the first set of personal information;
validating an identity of the customer based on a comparison of the first and second sets of personal information provided from the customer identification and the financial account instrument by determining whether a subset of the first set of personal information corresponds with a subset of the second set of personal information;
completing, via the station, the cash access transaction with the financial account responsive to validation of the customer identification; and
disbursing cash currency requested in the cash access transaction to the customer at the station.
14 Assignments
0 Petitions
Accused Products
Abstract
Methods, devices, and systems for conducting a checkless cash access settlement are provided. In one embodiment, a cash advance method includes the following: a customer initiates a cash access transaction with a financial card via a cash access system; the customer receives authorization or denial; the customer provides identification and the financial card to a cashier or attendant; the cashier or attendant validates the customer'"'"'s identity, retrieves the transaction information, and completes the cash advance application; the application prints a non-negotiable instrument, such as a transaction receipt; the customer signs the receipt confirming the transaction with a physical receipt or electronic capture; the receipt image is stored electronically for subsequent transmittal to a central server; the transaction information, including the receipt image if applicable, is recorded on the central server; and the central server generates an ACH file and electronically transmits the ACH file to a designated financial institution.
-
Citations
20 Claims
-
1. A method for conducting a checkless cash access settlement, comprising:
-
receiving, at an electronic cash access system terminal located in a gaming environment, a request from a customer for a cash access transaction using a financial account instrument, the cash access transaction used to request a disbursal of cash currency funded from a financial account owned by the customer at a financial institution, the financial account instrument used to access the financial account owned by the customer, and the financial account instrument including a first set of personal information regarding the customer; obtaining pre-authorization for performance of the cash access transaction with the financial account; providing information regarding said requested cash access transaction at a station at a cash disbursement location; obtaining customer identification from a customer identification medium provided by the customer at the station, the customer identification medium issued by a third party and being distinct from the financial account instrument, and the customer identification medium including a second set of personal information regarding the customer, the second set of personal information being encoded on the customer identification medium independent from the first set of personal information; validating an identity of the customer based on a comparison of the first and second sets of personal information provided from the customer identification and the financial account instrument by determining whether a subset of the first set of personal information corresponds with a subset of the second set of personal information; completing, via the station, the cash access transaction with the financial account responsive to validation of the customer identification; and disbursing cash currency requested in the cash access transaction to the customer at the station. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17)
-
-
18. A system, comprising:
-
a cash access transaction device operable in a gaming environment configured to; receive a request from a customer for a cash access transaction with a financial card, the cash access transaction used to conduct a dispersal of cash currency funded from funds transferred from a financial account owned by the customer, and the financial account being associated with the financial card; receive card information from the financial card, the card information comprising a first set of personal information of the customer; and transmit card information for use in generating a pre-authorization for said cash access transaction with said financial account; a station at a cash disbursement location configured to; provide information regarding the requested cash access transaction to a user of said station; and receive input of validation from said user of a customer'"'"'s identity from a comparison of a second set of personal information to the first set of personal information, the second set of personal information being presented on a customer identification medium, the customer identification medium being provided from a third party unrelated to the financial account, and the second set of personal information being independent from the first set of personal information; and a cash access transaction base processor, configured to; receive information from said cash access transaction device; obtain validation of the customer identification information and the financial card from said station; and complete the cash access transaction with the financial account responsive to validation of the identification. - View Dependent Claims (19, 20)
-
Specification