Method for high density recording of source credit transaction data
OwnerErdman O. Spradlininventor
Life of this patent
Estimating the term…
Abstract
A method for recording, at the point of sale, data arising from credit card transactions, makes use of a novel apparatus disclosed in a co-pending Application, entitled APPARATUS FOR RECORDING AND PROCESSING CREDIT TRANSACTION DATA, Ser. No. 132,050. More particularly, the method involves simultaneously recording credit transaction data on both a customer credit receipt and on a single line of data paper. The data paper is advanced after each sale, thereby producing a line by line description of each individual credit transaction. Since the data paper is capable of direct input to a computer, for conversion to separate customer statements, it reduces the amount of manual and machine handling of billing information.
Claims3
A method for recording data from each of a plurality of credit transactions, said data including characters comprising variable information, characters comprising fixed credit card information and customer signature information, onto a credit receipt and onto data paper successively advanceable to a plurality of linearly extending spaces, each of said linearly extending spaces having a height substantially equal to the height of said characters and being adapted to receive said data corresponding to one of said credit transactions, comprising the steps of:
- a. providing adjustable recording means and setting them into correspondence with said variable information;
- b. advancing a first portion of one of said linearly extending spaces of said data paper into alignment with said adjustable recording means;
- c. aligning said fixed credit card information with a second portion of said one of said linearly extending spaces of said data paper;
- d. providing a third portion of said one of said linearly extending spaces of said data paper adapted to receive customer signature information, said first portion, said second portion and said third portion of said data paper being aligned along said one of said linearly extending spaces;
- e. moving said credit receipt into overlying relationship with said one of said linearly extending spaces of said data paper;
- and thereafter
- f. simultaneously recording said variable information and said fixed credit card information respectively onto said first portion and said second portion of said one of said linearly extending spaces of said data paper, and onto said credit receipt.
Dependencies are inferred from the claim text.