Patent ID: 7249054
Filing Date: 2007-07-24
Classification: G06Q,G07F,G07G,H04M

Abstract:
1. A system for establishing a debit account via a point of sale transaction comprising: (a) a transaction terminal, said terminal including input means, display means, and processing means; (b) printing means operatively coupled to said transaction terminal; (c) communications means integral to said transaction terminal; (d) a secure host server in communication with said transaction terminal; (e) said transaction terminal including: means for initiating said point of sale transaction to accept funds from a customer to be deposited into a debit account; means for accepting an input value representing funds to be deposited into said debit account; means for accessing said secure host server via said communications means; means for transmitting said input value to said secure host server; means for receiving a debit account number unique to said transaction; means to assign a customer selected personal identification number (PIN) to said debit account number during said transaction; and means for providing said debit account number and said PIN to said customer in readable format.