Automated, classified expenditure data card recording system
June 7, 2015. Estimated Expiration Date is calculated based on simple USPTO term provisions. It does not account for terminal disclaimers, term adjustments, failure to pay maintenance fees, or other factors which might affect the term of a patent.Patent ReferencesMethod of recording and identifying intelligence on bank checks by category and of indexing cancelled bank checks by category for subsequent use Production of laminated card with printed magnetically encodable stripe Credit card processing system Combination check and credit card sales slip Integrated budget and check record book Process for manufacture of tamper-resistant polyester credit cards Tamper-resistant polyester credit cards Method of monitoring credit card charges Apparatus for controlling and adjusting heat output during the heating phase of a steam pressure cooking vessel Input system for POS terminal InventorApplicationNo. 476894 filed on 06/07/1995US Classes:705/44, Requiring authorization or authentication235/376, Operations analysis235/380, Credit or identification card systems283/904, CREDIT CARD705/16, Including point of sale terminal or electronic cash register705/35Finance (e.g., banking, investment or credit)ExaminersPrimary: Kuntz, CurtisAssistant: Loomis, Paul Attorney, Agent or FirmInternational ClassesG06F 015/00G06F 015/20 G06K 005/00 B42D 015/00 AbstractThis is an expenditure data recording system using a uniquely designed classification binary code (or its equivalent) stored within the point of sale terminal system consisting of a cash register, a credit/debit card reader, and a telecommunications line. In a sales transaction, a credit/debit card passes through this reconfigured point of sale terminal not only to furnish relevant information (date/time, vendor identification, cardholder's name and account number, and transaction amount), but also to classify the expenditure by category via instant telecommunications link upon approval by the credit/debit card issuer (financial institution). Whenever there is a needed classification change at the point of sale terminal, one utilizes a unique set of color, binary-encoded cards to redefine a new expenditure category. Whereupon the credit/debit card issuer can process this classified expenditure sales transaction information to produce a periodic financial report, and remit it to the credit/debit account holder at any time. This entire operational system is virtually transparent to the cardholder and sales personnel. | |
