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. 20, 2007
Filed:
Oct. 09, 2003
Masaru Miyaji, Iwatsuki, JP;
Masaru Miyaji, Iwatsuki, JP;
Asahi Seiko Kabushiki Kaisha, Tokyo, JP;
Abstract
A compact fare paying device has a housing for receiving a monetary member and at least one verifier unit in the housing for determining the authenticity of the monetary member. A storage device such as a safe can receive the monetary member or a return device can return it to the user. A control unit can compute the monetary value of the monetary member and compare the monetary value to a stored required fare value. If the monetary value is greater than the fare value, the monetary member can then be translated to the return device. If the monetary value is less than the stored fare value, the monetary member is stored for a predetermined time period to enable the user to deposit the required fare. If it is not deposited within the predetermined time period, the temporarily stored monetary value is translated to the return device.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile