Agent Systems, Inc.

Brian G Waters

Algert J Maldanis

Gregory E Stoltz

A system and method are shown for providing accounting for the collection of monies in a plurality of independently operated transaction stations. Each transaction station is provided with a uniquely identifiable secure cashbox or vault in which to store monies received in a transaction. The transaction stations include electronics sufficient to validate, verify, and tally received monies. The transaction stations record information with respect to the received monies as well as the identification of the cashbox into which it is stored. The transaction stations are probed upon removal of the cashbox in order to download the recorded information into a control system. The removed cashboxes securely contain the received monies until opened in a secure environment for emptying. When emptied, the money contents are independently verified and matched with the unique identification of the cashbox from which it came. Thereafter, the probed information from the transaction station is compared against the information with respect to independent verification of the cashbox.

System and method for providing farebox accountability

A system and method for providing automatic validation of fares collected is disclosed. An automatic validating farebox, being adapted for mobile use, such as in the cabin of a bus, and to provide convenient access to both patrons and an operator, includes validation mechanisms and circuitry to accept patron payment in both coin and note. All tendered payment is automatically validated as to acceptable tender as well as its value being electronically registered. Accordingly, the operator is freed from validating payment of a fare and may simply confirm that the registered value is the proper amount for the type of fare purchased. The automatic validating farebox also includes mechanisms adapted both to store accepted currency in an efficient manner as well as to present the collected currency in a manner readily acceptable for handling and counting.

Growing community of inventors

Dallas, TX, United States of America

Brian G Waters