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Cash dispensing automated banking machine with flexible display

a technology of automated banking and flexible display, which is applied in the direction of instruments, atm details, and electromagnetic radiation sensing, etc., can solve the problems of exposing consumers to a greater risk if their wallet or purse, difficult to locate an atm that accepts the debit card of a person's financial institution, and inconvenient use of stationary terminal devices to conduct transactions. , to achieve the effect of reducing the risk

Inactive Publication Date: 2009-11-26
DIEBOLD SELF SERVICE SYST DIV OF DIEBOLD NIXDORF INC
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Benefits of technology

Enables users to conduct transactions using a single card across multiple accounts without the need for multiple physical cards, providing convenience, security, and the ability to transfer values wirelessly, reducing the risk of card loss or theft.

Problems solved by technology

It also exposes consumers to a greater risk if their wallet or purse, which includes all their credit and debit cards, is lost or stolen.
Having to use a stationary terminal device to conduct transactions is often inconvenient.
Locating an ATM that accepts the debit card of a person's financial institution can be difficult.
Often the use of a “foreign” card at another bank's ATM results in a significant service charge.
It is also difficult to find a merchant or ATM that can process stored value cards.

Method used

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  • Cash dispensing automated banking machine with flexible display
  • Cash dispensing automated banking machine with flexible display
  • Cash dispensing automated banking machine with flexible display

Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

[0092]Referring now to the drawings and particularly to FIG. 1 there is shown therein a transaction apparatus of an exemplary embodiment, generally indicated 10. The apparatus includes a multifunction card 12 and a portable terminal 14. The exemplary portable terminal and multifunction card are releasably engageable in a manner later discussed to enable carrying out a plurality of functions and transactions.

[0093]The multifunction card 12 may have the dimensional configuration of conventional credit and debit cards. It includes a magnetic stripe 16 on a rear face thereof. The magnetic stripe is capable of holding magnetic indicia similar to the magnetic stripes on conventional debit, credit and similar cards. Like the stripes on such cards, magnetic stripe 16 is also preferably capable of having the magnetic indicia thereon erased with an erase head or similar device, and having new indicia recorded or written thereon.

[0094]Multifunction card 12 further includes a programmable memor...

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PUM

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Abstract

A portable terminal operates to cause financial transfers responsive to data read from data bearing records in the form of user cards. The user cards include credit and / or debit cards. Data corresponding to the card data is stored in at least one memory of the terminal. The terminal includes a wireless communication device. The terminal operates to wirelessly communicate data corresponding to card data wirelessly to one or more remote computers to cause financial transfers to or from selected accounts. The terminal also operates to provide outputs corresponding to account balances and to receive data corresponding to receipts.

Description

CROSS-REFERENCE TO RELATED APPLICATIONS[0001]This application is a continuation application of U.S. application Ser. No. 11 / 235,837 filed Sep. 26, 2005. Ser. No. 11 / 235,837 claims benefit pursuant to 35 U.S.C. § 119(e) of U.S. Provisional Application Nos. 60 / 614,923 filed Sep. 29, 2004. Ser. No. 11 / 235,837 also claims benefit pursuant to 35 U.S.C. § 120 of U.S. application Ser. No. 10 / 795,761 filed Mar. 8, 2004, which claims benefit pursuant to 35 U.S.C. § 120 of U.S. application Ser. No. 09 / 826,675 filed Apr. 5, 2001, which claims benefit pursuant to 35 U.S.C. § 120 of U.S. application Ser. No. 09 / 076,051 filed May 11, 1998, which claims benefit pursuant to 35 U.S.C. § 119(e) of U.S. Provisional Application No. 60 / 082,299 filed Apr. 17, 1998. The entire disclosures of each and all of the foregoing applications are incorporated herein by reference as if fully rewritten herein.TECHNICAL FIELD[0002]This invention relates to devices for conducting financial transactions responsive to d...

Claims

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Application Information

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Patent Type & Authority Applications(United States)
IPC IPC(8): G07F19/00
CPCG06K19/08G06Q20/18G06Q20/32G06Q20/322G06Q20/325G07G1/0081G06Q20/3276G06Q20/4014G07F19/20G07F19/205G07G1/0045G06Q20/327
Inventor BLOCK, JAMESRAMACHANDRAN, NATARAJANMODI, ASHOKHILL, JEFFMOTZ, RAYSTEINBACH, KLAUS
Owner DIEBOLD SELF SERVICE SYST DIV OF DIEBOLD NIXDORF INC
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