Apparatus for increasing transaction efficiency in a multiple client env...
Apparatus for increasing transaction efficiency in a multiple client environment and method of fabrication thereof
US Patènt # 6863309
| Invèntors: | Shulman; Nathan (6705 Danwood Dr., Austin, TX 78759) |
| Appl. No.: | 035953 |
| Filed: | December 26, 2001 |
ABSTRACT
An apparatus for facilitating a transaction is disclosed. In one form, a transaction facilitator includes a rear panel sized relatively close to a currency card. The front panel is coupled to the rear panel and includes a width slightly greater than the rear panel. The front panel is coupled to the rear panel at a distance from the rear panel to secure the currency card. The front panel further includes a height slightly less than the rear panel and an aperture positioned relative to allow viewing of a portion of the currency card. A fold is coupled to the rear panel to secure the front panel to the rear panel at a position relative to the aperture to display information associated with the currency card.
TECHNICAL FIELD
The present invèntion generally relates to processing transactions and, more particularly, to an apparatus for increasing transaction efficiency and method of fabrication thereof.
BACKGROUND OF THE INVÈNTION
Transactions made by two or more purchasers often result in a complicated and time-consuming process for both the purchaser(s) and purveyor of goods or services. The seller initiates a transaction by providing a bill, usually in a small folder, called a "presenter". Most businesses accept several different forms of currency, which may lead to a complicated process for completing a transaction in a multiple client environment. For example, a party of three may request to pay for a bill using cash and two different credit cards. Such a request may leave the purveyor and/or the individuals with determining and remembering which amount to charge to each credit card.
Some purchasers may resort to using an ad hoc system of combining multiple forms of currency to reach the total amount of the purchase price including other fees, such as gratuity and miscellaneous service charges. The purchasers may then place the resulting cash and credit cards in a tray or a presenter. Once this process is completed, the merchant must use an ad hoc system to remember which amounts are to be allocated to which currency by writing notes, committing the allotments to memory, or using visual clues such as the color of the cards. Many possible errors may be encountered, prolonging the process and decreasing the overall efficiency of the business transaction.
