WO2010008662A8 - Process of and system for facilitating check processing at point of sale and accelerated credit for check transactions - Google Patents

Process of and system for facilitating check processing at point of sale and accelerated credit for check transactions Download PDF

Info

Publication number
WO2010008662A8
WO2010008662A8 PCT/US2009/043154 US2009043154W WO2010008662A8 WO 2010008662 A8 WO2010008662 A8 WO 2010008662A8 US 2009043154 W US2009043154 W US 2009043154W WO 2010008662 A8 WO2010008662 A8 WO 2010008662A8
Authority
WO
WIPO (PCT)
Prior art keywords
checks
retailer
deposited
safe
collected
Prior art date
Application number
PCT/US2009/043154
Other languages
French (fr)
Other versions
WO2010008662A1 (en
Inventor
Frederick Purches
Paul Blachowicz
James Poteet
William C. Morgan
Original Assignee
Brink's Network, Inc.
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Brink's Network, Inc. filed Critical Brink's Network, Inc.
Priority to EA201100217A priority Critical patent/EA201100217A1/en
Priority to EP09798371A priority patent/EP2318991A4/en
Priority to BRPI0916195-3A priority patent/BRPI0916195A2/en
Priority to MX2010013989A priority patent/MX2010013989A/en
Publication of WO2010008662A1 publication Critical patent/WO2010008662A1/en
Publication of WO2010008662A8 publication Critical patent/WO2010008662A8/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/04—Payment circuits
    • G06Q20/042—Payment circuits characterized in that the payment protocol involves at least one cheque
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/04—Payment circuits
    • G—PHYSICS
    • G07—CHECKING-DEVICES
    • G07F—COIN-FREED OR LIKE APPARATUS
    • G07F17/00—Coin-freed apparatus for hiring articles; Coin-freed facilities or services
    • G07F17/10—Coin-freed apparatus for hiring articles; Coin-freed facilities or services for means for safe-keeping of property, left temporarily, e.g. by fastening the property
    • G07F17/105—Coin-freed apparatus for hiring articles; Coin-freed facilities or services for means for safe-keeping of property, left temporarily, e.g. by fastening the property for money boxes

Landscapes

  • Business, Economics & Management (AREA)
  • Physics & Mathematics (AREA)
  • General Physics & Mathematics (AREA)
  • Accounting & Taxation (AREA)
  • Strategic Management (AREA)
  • General Business, Economics & Management (AREA)
  • Engineering & Computer Science (AREA)
  • Theoretical Computer Science (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)
  • Management, Administration, Business Operations System, And Electronic Commerce (AREA)

Abstract

Process of and system for providing credit to a retailer (10) by collecting checks from customers during financial transactions between the customers and the retailer, depositing by the retailer the collected checks into a safe (14) located at the retailer facility (10a, 10b, 10c), calculating the total monetary value of the checks that are deposited into the safe, and electronically transmitting a data file that identifies the calculated total monetary value of the deposited checks. Using the information in the transmitted data file, the retailer is credited by a bank (6OA, 6OB, 60C), or other financial institute with the total monetary value of the deposited checks. Crediting may be provided on a business day basis, and other features include imaging of the deposited checks, facilitating check processing using the image files of the checks, displaying the imaged checks on a display at the retailer during the financial transaction, depositing the checks into the same safe into which cash collected by the retailer is deposited, providing the checks within the safe in sealed cassettes, and printing an image of a collected check on a receipt that is provided to the customer. Other features also are described. The process and system advantageously make funds readily available and improves cash flow to retailers who take-in checks as part of their normal business operations.
PCT/US2009/043154 2008-07-15 2009-05-07 Process of and system for facilitating check processing at point of sale and accelerated credit for check transactions WO2010008662A1 (en)

Priority Applications (4)

Application Number Priority Date Filing Date Title
EA201100217A EA201100217A1 (en) 2008-07-15 2009-05-07 METHOD AND SYSTEM FOR FACILITATING PROCESSING OF CHECKS IN THE SALE AND ACCELERATION ITEM OF ACCOUNT FOR THE ACCOUNT OF THE ENTERPRISE OF THE MEANS FOR ACCEPTED CHECKS
EP09798371A EP2318991A4 (en) 2008-07-15 2009-05-07 Process of and system for facilitating check processing at point of sale and accelerated credit for check transactions
BRPI0916195-3A BRPI0916195A2 (en) 2008-07-15 2009-05-07 process and system to facilitate point-of-sale checks and accelerated credit for check transactions
MX2010013989A MX2010013989A (en) 2008-07-15 2009-05-07 Process of and system for facilitating check processing at point of sale and accelerated credit for check transactions.

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US8088508P 2008-07-15 2008-07-15
US61/080,885 2008-07-15

Publications (2)

Publication Number Publication Date
WO2010008662A1 WO2010008662A1 (en) 2010-01-21
WO2010008662A8 true WO2010008662A8 (en) 2011-03-03

Family

ID=41550640

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2009/043154 WO2010008662A1 (en) 2008-07-15 2009-05-07 Process of and system for facilitating check processing at point of sale and accelerated credit for check transactions

Country Status (5)

Country Link
EP (1) EP2318991A4 (en)
BR (1) BRPI0916195A2 (en)
EA (1) EA201100217A1 (en)
MX (2) MX2010013989A (en)
WO (1) WO2010008662A1 (en)

Family Cites Families (5)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5252811A (en) * 1991-08-09 1993-10-12 U.S.A. Save Corporation Device, system and method for increasing saving account participation and investment by small investors
US6363164B1 (en) * 1996-05-13 2002-03-26 Cummins-Allison Corp. Automated document processing system using full image scanning
US20020063034A1 (en) * 2000-09-21 2002-05-30 Dobbins Bob M. Methods and apparatus for an electronic drop safe
US7216098B1 (en) * 2000-10-20 2007-05-08 At Systems, Inc. Electronic transmission and tracking of deposit information
GB0130480D0 (en) * 2001-12-20 2002-02-06 Ncr Int Inc Self service terminal

Also Published As

Publication number Publication date
WO2010008662A1 (en) 2010-01-21
EA201100217A1 (en) 2011-06-30
EP2318991A4 (en) 2011-11-23
MX2010013989A (en) 2011-01-20
BRPI0916195A2 (en) 2020-09-15
MX338613B (en) 2016-04-25
EP2318991A1 (en) 2011-05-11

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