Patent ID: 11868972
Assignee: nan
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 0:
1. A method of validating a cash transaction at a cash validation server of a cash transaction validation system, comprising:
capturing a unique identifier of a banknote of a user;
storing the unique identifier of banknote against a user identity of the user in a database connected to the cash validation server;
checking the unique identifier of the banknote against the user identity stored in the database when the banknote is received as tender for payment at a receiving Cash Processing Terminal (CPT);
requesting an authorization from the user to release the banknote for payment;
transmitting an accept banknote message to the receiving CPT when a successful authorization is received and
transmitting a decline banknote message to the receiving CPT when a failed authorization is received.