Patent ID: 11948135
Assignee: EVERI PAYMENTS INC.
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 10:
11. A transaction terminal configured to process a requested financial transaction, comprising:
a housing;
a card reader, said card reader configured to accept at least a portion of an integrated circuit card and configured to engage at least one integrated circuit engaging component with an integrated circuit of said integrated circuit card by moving said at least one integrated circuit engaging component from a first unengaged position in which said integrated circuit engaging component is not in contact with said integrated circuit of said integrated circuit financial card to a second engaged position in which said integrated circuit engaging component contacts said integrated circuit of said integrated circuit financial card to read information therefrom;
a monetary dispensing device;
a ticket printer;
at least one user input device;
at least one electronic video display;
a communication interface configured to transmit information to and receive information from at least one financial processing network;
at least one processor configured to execute machine readable code;
at least one memory configured to store said machine readable code; and
said machine readable code configured to be executable by said at least one processor to cause said processor to:
cause said card reader to control said at least one integrated circuit engaging component to move from said first unengaged position to said second engaged position to engage with said integrated circuit and to read information associated with said integrated circuit of said card;
receive input of a PIN from a user of said card at said transaction terminal via said at least one user input device;
receive input of a monetary value amount from said user of said card at said transaction terminal via said at least one user input device;
process said request via a first transaction type;
when said transaction is approved, cause said ticket printer to dispense a monetary value ticket to said user, said monetary value ticket having said requested monetary value; and
when said transaction is denied, without input from said user of said card:
control said card reader to cause said at least one integrated circuit engaging component of said card reader to remain in said second engaged position to continue to engage said integrated circuit of said integrated circuit financial card, automatically re-read said card;
receive a second input of said PIN from said user;
process said request via a second transaction type which is different than said first type.