A method and apparatus for distributing currency

作者: Jack Levine , Helen Clark , Nydia Jackson , David L. Johnson , Priscilla C. Brandt

DOI:

关键词: TelecommunicationsChargebackPaymentManufacturers' representativeBusinessGoods and servicesMerchant servicesATM cardCommerceCharge cardCard security code

摘要: A process which provides electronic access to pre-paid funds for cash or payment goods and services. card is issued a customer with value selectable by the customer. The has magnetic stripe an encoded number including bank identification (BIN) account number. central processor establishes zero balance database numbers, but blank fields data of account. When purchases card, sales agent transmits computer fills in blanks database, activating account, acknowledgement signal back agent. can immediately use ATM other remote terminals acquire purchase inputs PIN provided selected alternative