18396798. POS DEVICE AND CONTROL METHOD simplified abstract (NEC Corporation)

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POS DEVICE AND CONTROL METHOD

Organization Name

NEC Corporation

Inventor(s)

Tsugunori Takata of Tokyo (JP)

POS DEVICE AND CONTROL METHOD - A simplified explanation of the abstract

This abstract first appeared for US patent application 18396798 titled 'POS DEVICE AND CONTROL METHOD

Simplified Explanation

The present invention allows customers to insert money into a payment device without giving it to a sales clerk. The POS device includes a product registration device and a payment device, where product registration and payment are carried out separately. The payment device has two insertion ports for coins.

  • Product registration and payment are done using separate devices.
  • The payment device has two coin insertion ports.

Potential Applications

This technology could be applied in retail stores, vending machines, and self-service kiosks.

Problems Solved

Eliminates the need for direct cash handling between customers and sales clerks, reducing the risk of errors or theft.

Benefits

Improved convenience for customers, increased efficiency in payment processing, and enhanced security in cash transactions.

Potential Commercial Applications

Retail businesses, vending machine operators, and self-service kiosk providers could benefit from implementing this technology.

Possible Prior Art

Similar technologies exist in the market, such as self-checkout machines with coin slots for payment processing.

Unanswered Questions

How does the device handle counterfeit coins or foreign currency?

The patent abstract does not mention any specific mechanisms for detecting counterfeit coins or processing foreign currency.

What is the cost of implementing this technology in existing POS systems?

The abstract does not provide information on the cost implications of integrating this innovation into current payment systems.


Original Abstract Submitted

The present invention makes it possible to allow a customer to insert money into a payment device without the customer giving the money to a sales clerk. Provided is a POS device, including a product registration device () and a payment device (). Registration of products is carried out with the product registration device (). Payment for the products which are registered with the product registration device () is carried out with the payment device (). The payment device () further comprises a first insertion port () and a second insertion port (). It is possible to insert coins into the first insertion port (). It is possible to insert coins into the second insertion port ().