Banking system that operates to cause financial transfers responsive to data read from data bearing records
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United States of America Patent
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Apr 22, 2014
Grant Date -
N/A
app pub date -
Dec 10, 2012
filing date -
Nov 14, 2000
priority date (Note) -
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Abstract
A banking system includes a plurality of automated banking machines and operates to cause financial transfers responsive to data read from data bearing records. Each machine (10) includes a user interface (16), a card reader (18) of data bearing records, a cash dispenser (42), and other transaction function devices. The card reader operates to read card data corresponding to financial accounts from user cards. In exchange for providing the machines at no charge to a merchant, user transaction fees assessed to machine users are shared by both the machine provider and the merchant.
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