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Apparatus for embossing and printing information on charge sales slip
| Details |
Inventors: Gebhardt, Robert G.;
Assignee:
Primary Examiner: Coven; Edward M.
Assistant Examiner:
Attorney, Agent or Firm: Merriam, Marshall & Bicknell
Apparatus for embossing and imprinting information on credit card sales slips in a manner compatible with fully automatic data processing, including a movable magnetic read head mounted to an embossing mechanism for reading the customer information from a magnetic stripe on the credit card during the embossing operation, and means for temporarily storing the information. An impact printer movably mounted below the sales slip pack is positioned to imprint the complete transaction information in a form compatible with existing automatic character recognization apparatus. The reverse side of the credit card issuer's copy of the credit card sales slip is printed with scannable print font setting forth the customer's identification, merchant's identification, sale amount, transaction date, etc., so as to be automatically readable by existing optical character recognition (OCR) or magnetic ink character recognition (MICR) apparatus. Microprocessor means are included for controlling the information flow as received from the magnetic stripe reader, from storage means containing the merchant identification information, and from input means providing the sale amount and transaction date, and for directing the impact printer during printing of the corresponding information on the bottom of the lowermost sales slip in the pack. |
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DETAILED DESCRIPTION In accordance with the principles of the present invention, there is provided apparatus for embossing and imprinting information on credit card sales slips in a manner compatible with fully automatic data processing.
Thus, the presently used respective sales slip prepared by the apparatus of the present invention can be fully, automatically processed without the need for any manual entering of information as required in present systems.
Embossing and printing apparatus of the present invention includes means for embossing and printing a standard pack of sales slips with information from the customer's credit card and the merchant's identification.
A movable magnetic read head mounted to the embossing mechanism reads the customer information from a magnetic stripe on the credit card during the embossing operation, and means are provided for temporarily storing the information.
An impact printer movably mounted below the sales slip pack is positioned to imprint the complete transaction information in a form compatible with existing automatic character recognization apparatus.
In the preferred embodiment of the invention, the reverse side of the credit card issuer's copy of the credit sales slip is printed with scannable print font setting forth the customer's identification, merchant's identification, sale amount, transaction date, etc.
, so as to be automatically readable by existing optical character recognition (OCR) or magnetic ink character recognition (MICR) apparatus.
Microprocessor means are included for controlling the information flow as received from the magnetic stripe reader, from storage means containing the merchant identification information, and from input means providing the sale amount and transaction date, and for directing the impact printer during printing of the corresponding information on the bottom of the lowermost sales slip in the pack.
Utilizing the present invention sales slips can be reliably, automatically processed by OCR equipment with reject percentages approaching the ideal 5% level
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Metal Working 
