Method for storing and dispensing cash
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United States of America Patent
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Aug 23, 1994
Issued Date -
N/A
app pub date -
Nov 17, 1992
filing date -
Sep 24, 1991
priority date (Note) -
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status (Latency Note)
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Abstract
A time delayed cash dispenser is interconnected with a control terminal that is connectable to an electronic funds transfer system. The control terminal is selectively controlled to 'override' the timer of the time delayed cash dispenser to enable a user to access and perform transactions through the EFT system. Preferably, the control terminal activates the cash dispenser to vend cash containers containing the authorized cash disbursement. Cash stores in the time delayed cash dispenser are replenished by depositing excess cash from the retail location cash register. The system thus permits cash replenishment in discrete amounts without exposing the entire cash stores and permits a retail establishment to sell cash to customers through the EFT system.
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