Booklet and cards for use in a limited credit system

Abstract

Abstract A LIMITED AMOUNT OF MERCHANDISE OR SERVICE MAY BE CHARGED AGAINST A PERSON''S ESTABLISHED CREDIT ACCOUNT BY ANOTHER PERSON UPON PRESENTATION TO A SHOPKEEPER OF AN IDENTIFICATION CARD MOUNTED IN THE BACK OF A BOOKLET WHICH HAS A SERIES OF PAGES EACH OF WHICH REPRESENTS A CASH-VALUE LIMIT FOR A TRANSACTION. EACH PAGE IS CORRELATED WITH THE ESTABLISHED ACCOUNT BY A FACSIMILE OF THE ACCOUNT NUMBER WHICH IS IMPRINTED ON AN AREA THEREON WHEN THE BOOKLET IS PROCURED, AND EACH PAGE HAS AN APERTURE CONTIGUOUS TO THE IMPRINT AREA IN WHICH ACCOUNT INDICIA ON THE IDENTIFICATION CARD REGISTERS TO PERMIT THE SHOPKEEPER TO MAKE A VISUAL COMPARISON OF THE INDICIA AND TO EXTEND CREDIT IF THE INDICIA MATCH. IN ADDITION TO THE ACCOUNT INDICIA REGISTERING IN THE APERTURE, THE IDENTIFICATION CARD ALSO HAS RAISED ACCOUNT INDICIA WHICH UNDERLIES THE IMPRINT AREA ON EACH PAGE SO THAT WHEN THE BOOKLET AND IDENTIFICATION CARD ARE OPERATED IN A CREDIT-RECEIPT IMPRINTING MACHINE IN A CONVENTIONAL MANNER, THE FACSIMILE ON THE IMPRINT AREA IS OBLITERATED IF THE INDICIA DO NOT MATCH, THEREBY WARNING A SHOPKEEPER OF AN IMPROPER TRANSACTION.

Inventors

• 👤 Ronald L Scheinberg
• 👤 Richard K Page

Bibliographic Details