Claims
- 1. A method for issuing payment instruments, comprising the steps of:a) providing an enclosed compartment containing at least one blank payment instrument; b) activating a feed mechanism to advance said blank payment instrument to a verifying position; c) while at said verifying position, reading indicia preprinted on said blank payment instrument form; d) transmitting data related to said indicia to a host; e) verifying said transmitted data; f) issuing a command enabling a printer to print said payment instrument, if said transmitted data is verified by said host.
- 2. The method of claim 1, wherein said verifying step is achieved using software and data stored by said host.
- 3. The method of claim 1, wherein said preprinted indicia on said blank payment instrument comprises a bar code.
- 4. The method of claim 1, wherein said enclosed compartment contains a plurality of interconnected blank payment instruments and said method further includes the step of severing a lead one of a supply of blank payment instruments after said data is verified and prior to issuing said command to enable said printer to print on said instrument.
- 5. A method for issuing payment instruments, comprising the steps of:a) providing an enclosed compartment containing a supply of serially connected blank payment instruments, each payment instrument carrying a preprinted identifying indicia; b) activating a feed mechanism to advance a lead one of said blank payment instrument towards a verifying position; c) sensing a leading edge of said one blank payment instrument and then advancing said payment instrument to said verifying position; d) sensing and reading said preprinted identifying indicia on said blank payment instrument; e) transmitting information related to said preprinted identifying indicia to a host; f) using said host to verify said transmitted data; g) upon verifying said transmitted data, issuing a command to said printer to print a receipt portion of said blank payment instrument; h) advancing said lead one of said blank payment instruments a predetermined distance and thereupon severing said lead one of said payment instrument from said supply using a severing mechanism; i) issuing a command enabling said printer to print a negotiable portion of said payment instrument; j) ejecting said printed payment instrument.
- 6. The method of claim 5, wherein said step of reading said preprinted indicia is achieved by using a printhead carried sensor to scan said preprinted indicia.
- 7. The method of claim 1, further comprising the steps of:a) following the replenishment of the supply of blank payment instruments into said closed compartment, advancing a lead one of said blank payment instruments to said verifying position; b) while at said verifying position, reading indicia preprinted on said payment instrument; and c) retracting said lead blank payment instrument to an initial position.
- 8. The method of claim 7, further comprising the step of comparing data related to said indicia read during said verifying step and comparing said data with previously stored data.
- 9. The method of claim 5, further comprising the steps of:a) upon attaching said enclosed compartment to a payment issuing mechanism, advancing a lead one of said blank payment instruments to a verifying position; b) reading said preprinted identifying indicia on said blank payment instrument; and c) retracting said blank payment instrument to an initial position.
RELATED APPLICATION
“This is a Divisional application of application Ser. No.08/727,853, filed on Oct. 4, 1996”.
This application is a continuation-in-part patent application of U.S. application Ser. No. 08/360,203, filed Dec. 20, 1994, and entitled “Transaction Printer”.
US Referenced Citations (185)
Foreign Referenced Citations (1)
Number |
Date |
Country |
WO 9409580 |
Apr 1994 |
WO |
Continuation in Parts (1)
|
Number |
Date |
Country |
Parent |
08/360203 |
Dec 1994 |
US |
Child |
08/727853 |
|
US |