Method of processing monetary transaction data by batch off-loading of the data from a portable, hand-held electronic device, device and system therefor

The present invention provides a method, device and system of monetary transaction processing. The method includes the steps of entering and recording on the portable, self-powered, hand held monetary transaction processing device a plurality of monetary commitments consisting of a numerical amount...

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Hauptverfasser: ZIARNO, WITOLD A
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:The present invention provides a method, device and system of monetary transaction processing. The method includes the steps of entering and recording on the portable, self-powered, hand held monetary transaction processing device a plurality of monetary commitments consisting of a numerical amount and indicia read from an information bearing card. The method includes the step of batch off-loading of the data from the portable, self-powered, hand held monetary transaction processing device to a second device. Recordation of a plurality of monetary transactions is uninterrupted by verification of validation and/or authorization.