APPARATUS, SYSTEM AND METHOD FOR COIN EXCHANGE

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United States of America Patent

SERIAL NO

12408638

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A self-service apparatus for exchanging value for coins including a coin input region configured to receive a batch of coins from a user, a coin processing device configured to determine a total value for the batch of coins, a value card storage device operatively coupled to a value card dispensing device configured to dispense, to a card receptacle or card slot, a value card from the value card storage device, the dispensed value card being associated with a value relating to the total value and a currency storage device operatively coupled to a currency dispensing device. The user is permitted an option to receive a value relating to the total value in the form of currency, a value card, or a combination of currency and a value card and the self-service apparatus is configured to charge a first transaction fee for dispensing value cards and is configured to charge a second transaction fee for dispensing currency.

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Patent Owner(s)

Patent OwnerAddress
CUMMINS-ALLISON CORPMT PROSPECT IL

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Blake, John R St. Charles , US 63 4248
Hallowell, Curtis W Palatine , US 62 6885
Jones, William J Barrington , US 175 23584
Mennie, Douglas U Barrington , US 195 27251

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