US PATENT CLASS 902
Class Notes


Current as of: June, 1999
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902 /   HD   ELECTRONIC FUNDS TRANSFER



DEFINITION

Classification: 902/

CROSS-REFERENCE ART COLLECTIONS

This cross-reference art collection provides for disclosures of "systems", "components" of systems, or "peripherals" to systems designed to facilitate the exchange of monetary value via electronic means.

(1) Note. An asterisk (*) denotes a term which is defined in the glossary for this collection.

(2) Note. It should be noted that this is a collection of only corss-references of art. It is not a true "class" within the meaning of that term in the U.S. Patent Classification System. It is intended, however, to serve as a search tool within that system. This collection cannot receive any U.S. patent as an "original"; any document placed in this collection is to be treated as a discretionary cross-reference.

(3) Note. This cross-reference art collection provides a general locus for information relating to electronic funds transfer systems, as well as components of and peripherals to such systems. Based upon prior development of the patent classification system, such information can also be found in various classes. The particular classification of a document is dependent on a number of different considerations. The most pertinent classifications for subject matter disclosing EFT systems, components, or peripherals have been screened; however, it should be noted that this collection represents only an attempt to collect this subject matter. It should not be construed as being an exhaustive locus for EFT information. It will become more complete as information continues to be added whenever it is discovered.

(4) Note. Apparatus of this type enables a user to complete a financial transaction* resulting in funds being transferred either into or out of an account, the transaction involving digital telecommunication between electronic devices and completed without the direct intervention of another human.

(5) Note. Data processing systems*, components* of such systems (e.g., central processing units, communication networks, terminals, etc.), and peripherals* (e.g., encryptors, card readers, sheet feeders, data-input or data-output devices, bank cards, etc.) have been included when disclosed as being for use in electronic funds transfer (EFT). Some systems and devices of general utility (i.e., containing no specific statement of use in (EFT) are also included if they are considered to be readily adaptable for use in EFT. An attempt has been made to provide search notes for pertinent devices of general utility.

GLOSSARY: COMPONENT

A device within a data processing system* designed to process

data (e.g., encrypting, modulating, transmitting, receiving, comparing, performing arithmetical calculations, etc.) after it has been entered by a user* (i.e., input) in order to formulate a response to the user (i.e., output) or to protect the data. Within the context of this collection, system components generally include a central data processor, a communication processor and network, and terminals at points distant from the central data processor and communicating with it through the communication components.

IDENTIFIER

A data bearing record intended to identify either an account or the record's bearer, whereby authorization for a transaction* can be obtained.

PERIPHERAL

A device associated with a terminal*, either as a subcombination adapted to enhance input or output of data (e.g., a printer for output, a voice recognizer for input, etc.), or in combination with the terminal to add a disparate function (e.g., means to identify counterfeit money, a sheet feeder, etc.).

SYSTEM

A plurality of electronic devices (components*) functionally integrated to process data in order to perform a transaction*.

TERMINAL

A component* of a system* designed for interaction with a user*, having both input means for receiving data from the user and output means for transmitting data to the user. A terminal is often combined with one or more peripheral* devices to form a structural unit.

TRANSACTION An act between a user* and a monetary fiduciary party (e.g., a financial institution) whereby monetary value is exchanged.

USER

A person interacting with the system* to perform a transaction* with a monetary fiduciary party. The user initiates the transaction by operating the terminal*.