Patent Publication Number: US-2018050553-A1

Title: Bill receipt adaptable to hold currency

Description:
FIELD OF THE INVENTION 
     The present invention relates to bill receipt adaptable to hold currency during transaction, and in particular, to manage currency transfer at POS, restaurants and other places where cashier issues bill. 
     BACKGROUND OF THE INVENTION 
     Various systems and methods are existing to give back change or denominations after paying bills, and they are well known in commerce and industry sector. Over billions of cash transactions for less than $5 denomination occur per year around the world. Nearly all of these involve the currency that a cashier struggles to pull out of a drawer, or that a change dispenser dispenses. The customer, in general, loses the change multiple times, or generally doesn&#39;t care about the transaction. The businesses where cash is given in return as change, are hassled with the problem of the cashiers being subjected to continuously restock numerous pennies, nickels, dimes and quarters in order to enable smooth transactions and to avoid cash loss. 
     Each person in the United States uses about 749 pounds of paper every year. Almost 4 billion trees are cut down each year for paper use. The world uses 400 percent more paper now than 40 years before, and paper usage is everywhere. People use a whole sheet of paper just to note down a shopping list, and to print a small paragraph. Notices are printed on only one side of a sheet, and the other blank side of the notice is empty and unused. 
     Existing envelopes or notices are having advertising on the surfaces for promoting the facilities of the business entity, or bank from which the envelope or notice is issued. As a practical matter, new print cannot be made on the same envelope or notice, and the printing of advertising information on the surface of an envelope increases the cost of the envelope. It is common for people to waste advertisement papers or printed envelopes without reusing. 
     As mentioned above, there is no method or device which overcomes the limitations and drawbacks with respect to return of currency after paying bills. Therefore, there is an need of a device or a method with which a user can return the balace currency safely in an enclosed manner within an envelope. Further, the paper should be utilized optimaly in printing receipts and to make use of both the sides of a paper. It is therefore a principal object and advantage of the present invention to provide a method and system for providing change of currency in a pocket of a receipt made from the paper material. 
     SUMMARY OF THE INVENTION 
     The present invention provides a system and method for providing bill receipt for holding the currency change. The bill receipt comprising a sheet of paper which is folded substantially symmetrical, the edges adjacent to the folded edge are fastened by any means of attachment. An opening is created between the edge opposing the folded edge which is not fastened and fastened folded edge. A cash transaction is printed on an outer surface of the folded sheet of paper. In a preferred embodiment, the pocket is accessed through the opening by a cashier by inserting currency into the pocket during the cash transaction between the cashier and a customer. 
     A method of holding currency in a bill receipt is also disclosed herein. The method comprising: folding a sheet of paper which is substantially symmetrical, fastening the edges adjacent to the folded edge, defining an opening by not fastening an edge opposing the folded edge, printing a cash transaction on an outer surface of the folded sheet of paper, defining a pocket between the folded sheet of paper, accessing the pocket through the opening, and inserting the currency into the pocket during the cash transaction between a cashier and a customer. 
     In a preferred embodiment, the bill receipt has shape characteristics and the cash transaction is related to the business identity to which the customer pays the bills. Also the bill paid by the customer reduces the wastage of paper and increases the paper utilization in a better way. 
    
    
     
       BRIEF DESCRIPTION OF DRAWINGS 
         FIG. 1A  shows a front elevation view of the bill receipt according to an embodiment of the present invention. 
         FIG. 1B  shows a front perspective view of the bill receipt according to an embodiment of the present invention. 
         FIG. 2  shows a top perspective view of the bill receipt according to an embodiment of the present invention. 
         FIG. 3  shows the top perspective view of the bill receipt, with change kept inside the envelope, according to an embodiment of the present invention. 
     
    
    
     DETAILED DESCRIPTION OF THE INVENTION 
     The following detailed description of the different exemplary embodiments presents a description of certain specific embodiments to assist in understanding the claims. However, the present invention is intended to cover alternatives, modifications and equivalents, which may be included within the spirit and scope of the invention as defined by the appended claims. 
     According to  FIG. 1A  which shows a front elevation view of a bill receipt  100  according to an embodiment of the present invention. A double wide receipt having a sheet of paper  102  comprises edges  102   a  and  102   b  as shown in  FIG. 1A . The sheet of paper  102  comprises a first folded side  106  and second folded side  104  for printing cash transaction details. Referring to the  FIG. 1A  as illustrated, it shall be understood that the bill receipt  100  is formed from any suitable material, such as paper, capable of being imprinted with receipt, advertising and logo, image or indicia on all surfaces through the use of modern high speed web offset, or other production equipments known in the art. 
     According to  FIG. 1A  and  FIG. 1B  which shows a front perspective view of the bill receipt  100  according to an embodiment of the present invention. The section or the folded edge  108  is positioned substantialy perpendicular across the long horizontal axis of the first folded side  106  as seen in  FIG. 1B . The additional embodiments of  FIG. 1B  illustrate the bill receipt  100  having the first folded side  106  showing in its open position. Although, it should be noted that the open position shall vary in shapes and sizes, thereby accordingly the additional space is required and a structural basis is necessary in order to print the transaction details. Conversely, the closed position of shall not exceed the size proximity of the bill receipt  100 . 
     According to  FIG. 2  which shows a top perspective view of the bill receipt  100  according to an embodiment of the present invention.  FIG. 2  demonstrates a configuration of a bill receipt  100  including the folded edge  108  in relation to their adjacent edges underlying cash transaction details printed on the second folded side  104 . Likewise,  FIG. 2  illustrates a different alternate configuration for bill receipt  100  wherein the edges  102   a  and  102   b  opposing the folded edge  108  is not fastened to define an opening  114 . The sides adjacent to this section are fastened using stapler  112  or glue or any means of attachment. Additionally, the preferred embodiment of  FIG. 2  illustrates the adjacent edges that are fastened, or attached with a non-releasable adhesive. In some cases, if all the corners of the bill receipt are not attached to each other, the folded edge  108  can be fastened and thereby the cashier is able to print desired matter on the second folded side  104  during the transaction between the cashier and the customer. The bill receipt  100  can also comprises two sheets of paper glued to each other. 
     As shown in  FIG. 3  which shows the bill receipt  100 , with the currency  116  kept inside the bill receipt  100 , according to an embodiment of the present invention. The bill receipt  100  for holding currency  116  is made by folding a substantially symmetrical sheet of paper  102 . The edges  102   a  and  102   b  adjacent to the folded edge  108  of the paper  102  are fastened by stapler  112 , glue, or fastened by any means of attachment. The opening  114  is created by not fastening the edge opposing to the folded edge  108 . The cash transaction details are printed on an outer surface, for example, the second folded side  104  of the folded sheet of paper  102 . A pocket  110  is defined between the folded sheet of paper  102 . The pocket  110  is accessed through the opening  114  by a cashier and allowed to insert currency  116  into the pocket  110  during the cash transaction details between the cashier and the customer. 
     In the preferred embodiment,the cashier places bill receipt  100  owed to the customer. The currency  116  is, for example, cash, coins, paper money, bank notes, dollar, money or dinar or rupee. The cash transaction is printed on one or both surfaces of the folded sheet of paper  102 . The bill receipt  100  secures the currency  116  in the opening  114  so that it does not slip or fall easily during transfer, but the bill receipt  100  also provides cash transaction details printed on the bill receipt  100  to the customer. In the preferred embodiment, the bill receipt  100  is one of a shape rectangular and a square shape. The bill receipt  100  has shape characteristics, image characteristics and details that all relate to the identity of a business entity. The bill receipt  100  comprises an image printed on the surface of the folded sheet of paper  102 . The bill receipt  100  can be printed in bulk roll of paper attached to each other. 
     Further referring to  FIGS. 2-3 , a method of holding currency  116  in a bill receipt  100  is also disclosed herein. The method comprising: folding a sheet of paper  102  which is substantially symmetrical, fastening the edges  102   a  and  102   b  adjacent to the folded edge  108 , defining an opening  114  by not fastening an edge opposing the folded edge  108 , printing a cash transaction on an outer surface of the folded sheet of paper  102 , defining a pocket  110  between the folded sheet of paper  102 , accessing the pocket  110  through the opening  114 , and inserting the currency  116  into the pocket  110  during the cash transaction between a cashier and a customer. 
     While the principles of the invention have been described herein, it is to be understood by those skilled in the art that this description is made only by way of example and not as a limitation as to the scope of the invention. Other embodiments are contemplated within the scope of the present invention in addition to the exemplary embodiments shown and described herein. Modifications and substitutions by one of ordinary skill in the art are considered to be within the scope of the present invention.