Physical article exchange using a safe

Number of patents in Portfolio can not be more than 2000

United States of America

PATENT NO 12094282
SERIAL NO

17565182

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Abstract

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There are disclosed devices, system and methods for automatic exchange of change for cash using a smart safe. The safe has a computing device for receiving a selection from a merchant to exchange cash for change having a total value, and an identification of the denominations of the coins and cash of the change desired. The safe has a secure chamber for receiving cash deposits from the merchant and a sensor for counting the secured cash. The computing device sends an exchange agent the selection from the merchant to exchange the cash with the change, and the identification of the denominations of the change desired. A courier is contacted, retrieves the cash deposited, and exchanges the change for the equal value of cash.

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Patent Owner(s)

Patent OwnerAddress
AMERICAN SECURITY PRODUCTS CO11925 PACIFIC AVENUE FONTANA CA 92337

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
McKay,, Jr Donald Ray Wylie, US 4 1

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Maintenance Fees

Fee Large entity fee small entity fee micro entity fee due date
3.5 Year Payment $1600.00 $800.00 $400.00 Mar 17, 2028
7.5 Year Payment $3600.00 $1800.00 $900.00 Mar 17, 2032
11.5 Year Payment $7400.00 $3700.00 $1850.00 Mar 17, 2036
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Surcharge - 3.5 year - Late payment within 6 months $160.00 $80.00 $40.00
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Surcharge after expiration - Late payment is unavoidable $700.00 $350.00 $175.00
Surcharge after expiration - Late payment is unintentional $1,640.00 $820.00 $410.00