Patent ID: 6223169
Filing Date: 2001-04-24
Classification: G06Q,G07F

Abstract:
An electronic transaction processing system for transferring a monetary value between a payer and a receiver, comprising:a first memory apparatus owned by the payer, said first memory apparatus storing the payer's digital cash;a second memory apparatus owned by the receiver, said second memory apparatus storing the receiver's digital cash;a third memory apparatus for temporarily storing the digital cash transferred from the first memory apparatus; andan automatic teller machine containing said second memory apparatus and said third memory apparatus, said automatic teller machine further comprising:means for inserting and discharging said first memory apparatus; andan operation apparatus for carrying out a transaction between the payer and the receiver using the first, second and third memory apparatus, said operation apparatus having a display for displaying an amount of the transaction, a confirmation key and means for transferring digital cash from the first memory apparatus to the third memory apparatus and from the third memory apparatus to the second memory apparatus,wherein when the payer enters a transaction amount to the operation apparatus, said transferring means transfers digital cash corresponding to the transaction amount from the first memory apparatus to the third memory apparatus, and wherein when the payer confirms the amount displayed by said display, said amount corresponding to the digital cash transferred from the first memory apparatus to the third memory apparatus, said transferring means transfers the digital cash transferred to the third memory apparatus from the third memory apparatus to the second memory apparatus, andwherein said automatic teller machine provides a screen for displaying a transaction limit amount, the transaction limit amount on the screen flickering when the payer request a transaction amount that exceeds the transaction limit amount.