Coin receiving and dispensing apparatus

Abstract

A coins receiving and dispensing apparatus suitable for food shops or restaurants allows precise transfer and reception of various coins without error and confirmation of the balance of the coin. When coins received from customers are inserted into this apparatus, the coins are immediately sorted by a sorting mechanism with respect to the denominations of the currency and stored at the respective storage portions. When the coins are paid out as change, the coin feeder operates based on a dispensing command signal produced corresponding to the differences between the sold amount inputted in the register and the received amount from the customers to feed the coins of the wanted denomination in the necessary number.

Description

BACKGROUND OF THE INVENTION1. Field of the InventionThis invention relates to a coin receiving and dispensing apparatus suitably installed at food shops or fast-food restaurants.2. Description of Related ArtIn shops, cashiers these days operate their registers to record the prices of goods that the customers are purchasing, further putting them in the registers according to the denominations of the currency after counting and sorting the paid currency, as well as taking out respective necessary bills and coins to transfer as change.However, such bothersome monetary reception from and transfer to many customers consumes a relatively large amount of time in association with recording task of sold amounts of money on the register through key typing inputs or bar code inputs, thereby raising problems in that it creates long lines waiting for cashiers when busy. In particular, the problems are inevitable when a person unfamiliar with operating the register is the cashier, thereby resulti...

AI Technical Summary

Benefits of technology

It is an object of the invention to provide a coin receiving and dispensing apparatus enabling an operator to quickly, unmistakably perform the transfer of currency with customers and to confirm its balance immediately.

Problems solved by technology

However, such bothersome monetary reception from and transfer to many customers consumes a relatively large amount of time in association with recording task of sold amounts of money on the register through key typing inputs or bar code inputs, thereby raising problems in that it creates long lines waiting for cashiers when busy.

In particular, the problems are inevitable when a person unfamiliar with operating the register is the cashier, thereby resulting in the transfer of improper change to the customer.

It is therefore difficult to determine the balance in the respective registers during their operation, so that calculation of the proceeds and collection of the money takes a long time when the register is closed or during the cashier's break.

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