Method and apparatus for processing cash payments for electronic and internet transactions
Number of patents in Portfolio can not be more than 2000
United States of America Patent
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N/A
Issued Date -
Jul 18, 2002
app pub date -
Dec 26, 2001
filing date -
Dec 26, 2000
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A method of enabling cash payments for e-commerce transactions includes the step of providing a cash acceptance device at a point of presence. Upon depositing cash with the cash acceptance device, the amount of cash received for a selected transaction is communicated to a server geographically distinct from the point of presence. The selected transaction is executed in accordance with whether the amount received is greater than or equal to the amount required for the selected transaction.
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