The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Jun. 02, 1981

Filed:

Aug. 17, 1979
Applicant:
Inventor:

William T Bloodworth, Oak Brook, IL (US);

Assignee:

Other;

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06K / ; G06K / ;
U.S. Cl.
CPC ...
235375 ; 235449 ; 235488 ; 235493 ; 360-2 ;
Abstract

A cash replacement system using consumable transaction cards, each card comprising a body portion bearing multi-digit magnetically recorded validation and identification codes and a transaction portion divided into a plurality of transaction segments bearing the identification code and a denomination code, both magnetically recorded. A card reader senses the validation code and severs one transaction segment from the card for each transaction after checking the denomination and assuring presence of the required segment. Printed indicia on each card enable the user to determine the number and denomination of possible remaining transactions.


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