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.
Patent No.:
Date of Patent:
Mar. 21, 2000
Filed:
Apr. 13, 1998
Brian G Waters, Dallas, TX (US);
Gregory E Stoltz, Dallas, TX (US);
Algert J Maldanis, Heath, TX (US);
Agent Systems, Inc., Dallas, TX (US);
Abstract
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.