Monetary Information Processing Server for Bank-Based E-Money Charging
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Solution Overview
Problem
Existing electronic money systems restrict users without credit cards from charging up their electronic money terminals via the internet, limiting the accessibility and usability of electronic money.
Innovation Solution
A monetary information processing server that allows money to be deposited into a monetary terminal using a financial institution account, featuring an amount acquisition section, amount update information transmission section, and amount decrease section to manage and update the monetary value stored in the terminal, enabling charging up without the need for credit cards.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If credit card-based charging up is used for electronic money terminals, then the charging-up process can be automated and secure, but users without credit cards are excluded from using the service
Solution Approach 1:
The patent introduces a banking account as an intermediary mechanism between the user and the electronic money terminal. Instead of requiring direct credit card integration, the system uses bank transfers (via ATM or internet banking) as the intermediary charging-up method. This allows users to deposit money into their bank account, which is then transferred to the electronic money terminal, eliminating the need for credit cards while maintaining automated secure charging-up functionality.
2Ease of operation
If physical location and business hour restrictions are maintained for charging-up, then operational control is simplified, but user convenience and accessibility are reduced
Solution Approach 1:
The patent replaces the mechanical/physical charging-up process (requiring visits to physical locations during business hours) with an automated electronic system. Users can perform bank transfers via ATM or internet banking at any time, and the system automatically processes the charging-up by transferring funds from the bank account to the electronic money terminal, eliminating the need for physical presence and business hour constraints.
3Adaptability or versatility
If multiple charging-up methods are implemented to increase accessibility, then more users can utilize electronic money, but system complexity increases
Solution Approach 1:
The patent implements a universal charging-up mechanism that works through multiple channels (ATM and internet banking) using the same underlying bank transfer system. The system uses a single bank account as the universal interface, allowing users to deposit money via any available bank channel. This multi-functional approach increases accessibility without significantly increasing system complexity, as all methods converge on the same bank account processing mechanism.
Data Source
AI summary
In a monetary information processing method, an amount remitted by a remitter to a financial account in a banking system and monetary terminal identification information identifying a monetary terminal that stores a monetary value are acquired from the banking system. The acquired amount is divided into unit amounts when the acquired amount exceeds a preselected amount. Amount update information is transmitted to the monetary terminal to increase the monetary value by the acquired amount when the acquired amount does not exceed the preselected amount or by any selected one of the unit amounts provided that the acquired amount or the selected unit amount does not exceed an allowable limit previously set for the monetary terminal. The amount acquired from the banking system is decreased by the amount by which the monetary value is increased in accordance with the amount update information.