Patent attributes
A bicycle lock device for public use is disclosed. The device is comprised of an enclosure, a retractable reel with a retractable cable, a lock/unlock device having a first member attached to the cable free end, and a second member secured in the enclosure, and a lock control device. The user accesses the device by inserting a payment such as a coin or credit card in a user interface of the device. If the payment is accepted, the user then enters a user-specified key code in a keypad on the lock control device. The lock control device unlocks the lock/unlock device. The retractable cable may then be extended. The user weaves the cable through the bicycle components and then enters the cable free end into the lock/unlock device, thereby locking the lock/unlock device and securing the bicycle. When the user later enters the key-code, the device unlocks the cable.