초록 ▼

In a system for transferring electronic funds data in lieu of cash between vendees and vendors associated with a sponsoring financial institution, each vendee is provided with an identification card and a portable electronic device to be presented to the vendor upon making a purchase. The electronic

In a system for transferring electronic funds data in lieu of cash between vendees and vendors associated with a sponsoring financial institution, each vendee is provided with an identification card and a portable electronic device to be presented to the vendor upon making a purchase. The electronic device contains a keyboard for entering a vendee identification number as well as the purchase amount and a memory for storing a corresponding identification number, account balance and transaction amount. The portable electronic device contains a first inlet for receiving an edge of the identification card. A magnetic head reads data recorded on the card to turn the device on if the card corresponds to the particular device. A second inlet within the device receives vouchers prepared by the vendor reflecting the amount of the transaction. Manually operated printing rolls within the second inlet print a series of encoded bands on the voucher to verify the transaction if the vendee is satisfied with the purchase. If the vendee has keyboard entered the correct identification number and the account balance is large enough to support the purchase, the account balance stored in memory is debited by the purchase amount during a voucher printing cycle. The identification card and associated electronic device can be used in environments other than funds data transfer, e.g., access security.

대표청구항 ▼

An apparatus for transferring funds data in lieu of cash, comprising a portable unit to be carried by a vendee, said portable unit including a keyboard for manually entering transaction and identification data, terminal means accessible only by an authorized institution for receiving an initial fund

An apparatus for transferring funds data in lieu of cash, comprising a portable unit to be carried by a vendee, said portable unit including a keyboard for manually entering transaction and identification data, terminal means accessible only by an authorized institution for receiving an initial funds balance; means coupled to said terminal means for storing a funds balance, means responsive to said keyboard for storing a requested transaction amount, means for storing vendee identification data issued by said institution, means responsive to said keyboard for storing vendee entered identification data, means for comparing said stored identification data with said keyboard entered identification data and for generating a first signal in response to a positive comparison, means for comparing said stored funds balance with said requested transaction amount and for generating a second signal if said funds balance is at least as large as said requested transaction amount, an inlet for receiving a voucher issued by a vendor, manually actuated printing roll means within said inlet for printing encoded identification data onto said voucher to verify the transaction, means for maintaining said printing roll means normally out of contact with said voucher within said inlet, means for manually moving said printing roll means into contact with said voucher, means responsive to said manual means and to said first and second signals for updating said stored funds balance by said requested transaction amount, and display means for displaying said stored funds balance and said requested transaction amount.