US Patent 7810721 Systems and method for vending machine settlement

The present invention relates to systems and methods for reconciliation or settlement of vending machine accounts. The present invention creates a transaction data packet having a transaction information for a credit transaction carried out on the vending device, where the vending device is configured to conduct a credit based vending transaction, forwards the transaction data packet for the credit transaction to a host processor, adds a host transaction identifier to the transaction data packet to create a modified transaction data packet for the transaction; sends the modified transaction data packet it to a merchant processor, receives an interim report from the merchant processor, calculates and applies individual interchange values to the transaction using stored rate table values, assigns a vending device identifier using the host transaction identifier to the modified transaction packet, identifies a correct time and date of a respective machine fill corresponding to the transaction on the vending device, forwards transaction information to a vending device route operator, and assigns the transaction to the vending device against a specific fill period for a total card transaction value and a card transaction value net merchant processor and association fees.