Block, Inc.
Physical currency management

Abstract:

A payment service system may operate to handle physical currency management for one or more merchants. The payment service system may determine counts of denominations of currency to be stored at the merchant and counts at which additional currency items should be obtained or deposit of currency items should be made. The payment service may further determine suggested price changes, permanent or temporary, that may alter currency item usage. The payment service system may assign a courier to pickup a currency storage compartment of a merchant. The payment service may then receive a notification related to the arrival of the courier at the location of the currency storage compartment and transfer funds to an account of the merchant. After transferring the funds, the payment service system may then request the merchant device to allow pickup of the currency storage compartment by the courier.