System and method for performing a quasi-cash transaction

  • US 6,951,302 B2
  • Filed: 03/06/2003
  • Issued: 10/04/2005
  • Est. Priority Date: 03/06/2003
  • Status: Active Grant
First Claim
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1. A method of performing quasi-cash transactions for customers, the method comprising:

  • receiving information from a first customer relating to a desired transaction dollar amount;

    electronically processing a first driver license issued by a State of the United States of America to the first customer to retrieve machine readable information stored on the first driver license;

    electronically parsing first customer identification information from the retrieved machine readable information;

    electronically generating first customer quasi-cash document information utilizing the desired transaction dollar amount and at least a portion of the electronically parsed first customer identification information;

    printing a first quasi-cash document that displays the generated first customer quasi-cash document information;

    receiving information from a second customer relating to a desired transaction dollar amount;

    electronically processing a second driver license issued by a State of the United States of America to the second customer to retrieve machine readable information stored on the second driver license, wherein a formatting of the machine readable information of the second driver license differs from that of the first driver license;

    electronically parsing second customer identification information from the machine readable information retrieved from the second driver license;

    electronically generating second customer quasi-cash document information utilizing the desired transaction dollar amount received from the second customer and at least a portion of the parsed second customer identification information; and

    printing a second quasi-cash document that displays the second customer quasi-cash document information.

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