Block, Inc.
Physical currency management

Last updated:

Abstract:

A payment service system may operate to handle physical currency management for one or more merchants. 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.

Status:
Grant
Type:

Utility

Filling date:

31 Dec 2014

Issue date:

24 Sep 2019