System and method for checkless cash advance settlement
First Claim
1. A method for making funds available for gaming, the method comprising:
- allowing a customer to select a monetary value transaction at an electronic processing terminal, the monetary value transaction providing credit to the customer for cash access based on a customer source of funds as collateral, and said monetary value transaction creating a negotiable instrument which represents an amount of money and which may be redeemed for cash or casino credit;
receiving information regarding said source of funds at said electronic processing terminal to obtain customer identification information;
generating a request for authorization of the monetary value transaction when the customer selects the monetary value transaction; and
completing processing of said transaction at a casino cage station separate from the electronic processing terminal,wherein when said request for authorization has been approved and an identity of the customer is verified,generating the negotiable instrument, the negotiable instrument comprising at least some of the obtained customer identification information and is endorsable by the customer; and
either;
(a) printing a hard copy of the generated negotiable instrument for endorsement by the customer, and, after said customer endorses said negotiable instrument, receiving said endorsed negotiable instrument to provide funds to the customer at said casino cage station;
or(b) receiving an electronic endorsement for the generated negotiable instrument from the customer at said electronic processing terminal and transmitting said endorsement to said casino cage station, and providing funds to said customer based on said endorsed negotiable instrument received at said casino cage station.
17 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 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.
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Citations
20 Claims
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1. A method for making funds available for gaming, the method comprising:
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allowing a customer to select a monetary value transaction at an electronic processing terminal, the monetary value transaction providing credit to the customer for cash access based on a customer source of funds as collateral, and said monetary value transaction creating a negotiable instrument which represents an amount of money and which may be redeemed for cash or casino credit; receiving information regarding said source of funds at said electronic processing terminal to obtain customer identification information; generating a request for authorization of the monetary value transaction when the customer selects the monetary value transaction; and completing processing of said transaction at a casino cage station separate from the electronic processing terminal, wherein when said request for authorization has been approved and an identity of the customer is verified, generating the negotiable instrument, the negotiable instrument comprising at least some of the obtained customer identification information and is endorsable by the customer; and
either;(a) printing a hard copy of the generated negotiable instrument for endorsement by the customer, and, after said customer endorses said negotiable instrument, receiving said endorsed negotiable instrument to provide funds to the customer at said casino cage station;
or(b) receiving an electronic endorsement for the generated negotiable instrument from the customer at said electronic processing terminal and transmitting said endorsement to said casino cage station, and providing funds to said customer based on said endorsed negotiable instrument received at said casino cage station. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. A method for making funds available for gaming, the method comprising:
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allowing a customer to select a monetary value transaction at an electronic processing terminal in a gaming area of a casino, the monetary value transaction providing credit to the customer for cash access based on a customer source of funds as collateral, and said monetary value transaction creating a negotiable instrument which represents an amount of money and which may be redeemed for cash or casino credit; receiving information regarding said source of funds at said electronic processing terminal to obtain customer identification information; generating a request for authorization of the monetary value transaction when the customer selects the monetary value transaction; and completing processing of said transaction at a casino cage station separate from the electronic processing terminal, wherein when said request for authorization has been approved and an identity of the customer is verified, generating the negotiable instrument, the negotiable instrument comprising at least some the obtained customer identification information and is endorsable by the customer; and
either;(a) printing, via a printer associated with said casino cage station, a hard copy of the generated negotiable instrument for endorsement by the customer in said gaming area of said casino, and, after said customer endorses said negotiable instrument, receiving said endorsed negotiable instrument to provide funds to said customer at said casino cage station;
or(b) receiving an electronic endorsement from the customer at said electronic processing terminal for the generated negotiable instrument and transmitting said endorsement to said casino cage station, and providing funds to said customer based on said endorsed negotiable instrument received at said casino cage station. - View Dependent Claims (13, 14, 15, 16, 17, 18, 19, 20)
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Specification