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Currency Handling And Management System

Abstract: A currency handling and management system, comprising a horizontal plate 101 configured as a currency receiving surface, a cash collecting tray 102 comprising a plurality of compartments 103 with spring-loaded metal clips 104 to securely hold different denominations of notes, first scanning unit to monitor real-time transactions, a display unit 105 to provide input regarding amount received and change to be returned, a pair of motorized extendable sliding rails 106 coupled with the tray 102 and integrated with a press-push button 107 for automatic extension and retraction of the tray 102 during cash collection and disbursal, a circular-shaped coin collection box 108 for different coin denominations, a motorized iris lid 109 to open and close for controlled coin insertion, a mechanical link 110 integrated with a suction tip 111 provided inside 108 and link guiding coins to respective slots.

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Notices, Deadlines & Correspondence

Patent Information

Application #
Filing Date
25 September 2025
Publication Number
41/2025
Publication Type
INA
Invention Field
ELECTRONICS
Status
Email
Parent Application

Applicants

Marwadi University
Rajkot - Morbi Road, Rajkot 360003 Gujarat, India.

Inventors

1. Dinesh Yadav
Department of Artificial Intelligence, Machine Learning, Data Science, Marwadi University, Rajkot – Morbi Road, Rajkot 360003 Gujarat, India.
2. Rayan Ishani
Department of Artificial Intelligence, Machine Learning, Data Science, Marwadi University, Rajkot – Morbi Road, Rajkot 360003 Gujarat, India.
3. Simrin Fathima Syed
Department of Computer Science and Engineering - Artificial Intelligence, Machine Learning, Data Science, Marwadi University, Rajkot – Morbi Road, Rajkot 360003 Gujarat, India.
4. Dr. Madhu Shukla
Department of Computer Science and Engineering - Artificial Intelligence, Machine Learning, Data Science, Marwadi University, Rajkot – Morbi Road, Rajkot 360003 Gujarat, India.
5. Vipul Ladva
Department of Computer Science and Engineering - Artificial Intelligence, Machine Learning, Data Science, Marwadi University, Rajkot – Morbi Road, Rajkot 360003 Gujarat, India.
6. Akshay Ranpariya
Department of Computer Science and Engineering - Artificial Intelligence, Machine Learning, Data Science, Marwadi University, Rajkot – Morbi Road, Rajkot 360003 Gujarat, India.
7. Neel Dholakia
Department of Computer Science and Engineering - Artificial Intelligence, Machine Learning, Data Science, Marwadi University, Rajkot – Morbi Road, Rajkot 360003 Gujarat, India.

Specification

Description:FIELD OF THE INVENTION

[0001] The present invention relates to a currency handling and management system that is capable of accurately receiving and verifying currency during transactions, ensuring that all notes and coins are correctly identified while minimizing the risk of accepting counterfeit or invalid currency, thus improving the safety and reliability of currency management.

BACKGROUND OF THE INVENTION

[0002] Handling and management of currency is an important part of financial transactions in both commercial and personal settings. Currency management involves receiving, authenticating, organizing, and storing cash in the form of notes and coins. It plays a critical role in maintaining accuracy, transparency, and security during monetary exchanges. Effective systems for managing currency are needed in retail outlets, banks, public services, and other businesses where cash transactions are common.

[0003] Traditionally, cash handling has been performed manually by cashiers or operators. Notes are checked visually, counted by hand or with the help of simple counting machines, and stored in physical trays or boxes. Coins are usually collected in containers without separation. These methods require constant supervision and are often time-consuming. Manual checking also makes it difficult to reliably identify counterfeit currency or errors during busy transactions.

[0004] In addition, traditional systems lack automation and intelligent monitoring, leading to several drawbacks. Manual handling is prone to human error, such as incorrect counting, misplacement of notes, or improper return of change. Security issues also arise due to unauthorized access and lack of reliable authentication methods. Further, the absence of advanced monitoring systems prevents detection of suspicious behavior or abnormal transaction patterns. These limitations create inefficiency and reduce reliability in cash-based transactions.

[0005] US9576415B2 discloses about a device for sorting coins has at least first and second receiving containers for receiving coins and a separating unit. Further, a transport unit for transporting coins to the receiving containers is provided and has a first transport section arranged between the separating unit and the first transport container. The transport unit also has a second transport section between the first receiving container and the second receiving container. A first sensor for detecting coins is arranged in the first transport section and a second sensor for detecting coins is arranged in the second transport section. A control unit determines the number of coins fed to the first receiving container dependent on the information obtained from the first sensor and from the second sensor.

[0006] US6012565A discloses a currency handling system adapted to accommodate currencies of any denomination or type without having been pre-programmed with data representative of the denominations or types. The currency handling system is capable of generating such data internally, by scanning a set of master currency bills to obtain master information representative of the master bills which may be used to authenticate subsequent test bills according to selected or default sensitivity levels. The master information may comprise numerical and/or non-numerical data. The determination of authenticity of the test bills is based on a comparison of either pre-stored or self-generated master information with scanned data values associated with the test bills. In one embodiment, a note counter is provided which authenticates and counts a stack of same denomination bills after independently determining the denomination of the bills and selecting appropriate threshold levels corresponding to the denomination of the bills. Master information derived by one machine may be quickly and efficiently loaded into a plurality of additional machines through a flash card loading system. The master information is stored in a resident flash memory of a first machine, then copied onto the memory of a flash card electrically coupled to the first machine. The flash card may then be removed from the first machine and electrically coupled to a selected number of secondary machines, causing the master information to be transferred to the resident flash memory of the secondary machines. The master information is then used to authenticate test bills in the secondary machines in substantially the same manner described above. In one embodiment, the master information and characteristic data values are normalized before the authentication step is performed to account for variations in individual machines.

[0007] Conventionally, many systems are available for handling currency. However, these cited prior arts pertain to certain limitations where the where efficiency and reliability remain restricted. These existing systems often focus only on sorting or authentication without providing comprehensive management. They lack advanced automation, intelligent monitoring, and real-time error prevention, which reduces their effectiveness in ensuring secure, transparent, and efficient handling of currency during transactions.

[0008] In order to overcome the aforementioned drawbacks, there exists a need in the art to develop a system that requires to ensure accurate, secure, and efficient handling of currency. Additionally, the developed system also needs to integrate automation with intelligent monitoring to minimize human error, enhance counterfeit detection, improve transaction accuracy, and strengthen security measures, thereby ensuring reliability and transparency in cash-based operations.

OBJECTS OF THE INVENTION

[0009] The principal object of the present invention is to overcome the disadvantages of the prior art.

[0010] An object of the present invention is to develop a system that is capable of accurately receiving and verifying the currency during financial transactions, ensuring that all notes and coins are correctly identified and processed, thereby minimizing errors and preventing the acceptance of invalid currency.

[0011] Another object of the present invention is to develop a system that is capable of enabling organized and efficient storage of currency, allowing notes and coins to be sorted and held in a structured manner, so that different denominations are managed systematically.

[0012] Another object of the present invention is to develop a system that is capable of ensuring secure access and controlled operation, allowing only authorized individuals to perform transactions or retrieve stored currency, thereby enhancing safety and reducing the risk of unauthorized handling or theft.

[0013] Yet another object of the present invention is to develop a system that is capable of monitoring transactions in real-time including amounts received, change to be returned, and overall transaction status, so that users are informed immediately and errors are quickly corrected.

[0014] The foregoing and other objects, features, and advantages of the present invention will become readily apparent upon further review of the following detailed description of the preferred embodiment as illustrated in the accompanying drawings.

SUMMARY OF THE INVENTION

[0015] The present invention relates to a currency handling and management system that is capable of facilitate systematic storage and handling of currency, allowing notes and coins to be organized by denomination for efficient retrieval and disbursal without errors or misplacement.

[0016] According to an aspect of the present invention, a currency handling and management system, comprising a horizontal plate configured as a currency receiving surface, having an integrated proximity sensor to detect presence of currency notes, an optical image sensor mounted above the plate for authentication of genuine currency, a cash collecting tray associated with the system comprising a plurality of compartments with spring-loaded metal clips to securely hold different denominations of notes, a first scanning unit provided on an upper portion of the plate, configured to monitor real-time transactions, that are further displayed on a display unit provided on the plate regarding amount received and change to be returned.

[0017] According to an another aspect of the present invention, the system further includes a pair of motorized extendable sliding rails coupled with the tray and integrated with a press-push button for automatic extension and retraction of the tray during cash collection and disbursal, a circular-shaped coin collection box attached to plate tray having a set of slots for different coin denominations, each slot equipped with a motorized iris lid configured to open and close for controlled coin insertion, a mechanical link integrated with a suction tip provided inside plate box and plate link works in synchronization with a second scanning module mounted inside the box for verifying coin denominations and guiding coins to respective slots, a microcontroller configured to control the system by managing sensor inputs, performing currency authentication, processing transactions, actuating motorized components, and driving the display output.

[0018] While the invention has been described and shown with particular reference to the preferred embodiment, it will be apparent that variations might be possible that would fall within the scope of the present invention.

BRIEF DESCRIPTION OF THE DRAWINGS

[0019] These and other features, aspects, and advantages of the present invention will become better understood with regard to the following description, appended claims, and accompanying drawings where:
Figure 1 illustrates a perspective view of a currency handling and management system.

DETAILED DESCRIPTION OF THE INVENTION

[0020] The following description includes the preferred best mode of one embodiment of the present invention. It will be clear from this description of the invention that the invention is not limited to these illustrated embodiments but that the invention also includes a variety of modifications and embodiments thereto. Therefore, the present description should be seen as illustrative and not limiting. While the invention is susceptible to various modifications and alternative constructions, it should be understood, that there is no intention to limit the invention to the specific form disclosed, but, on the contrary, the invention is to cover all modifications, alternative constructions, and equivalents falling within the spirit and scope of the invention as defined in the claims.

[0021] In any embodiment described herein, the open-ended terms "comprising," "comprises,” and the like (which are synonymous with "including," "having” and "characterized by") may be replaced by the respective partially closed phrases "consisting essentially of," consists essentially of," and the like or the respective closed phrases "consisting of," "consists of, the like.

[0022] As used herein, the singular forms “a,” “an,” and “the” designate both the singular and the plural, unless expressly stated to designate the singular only.

[0023] The present invention relates to a currency handling and management system that is capable of ensuring secure access and controlled operation, allowing only authorized individuals to perform transactions or retrieve stored currency and monitoring transactions in real-time, thus maintaining reliable and safe management of cash at all times.

[0024] Referring to Figure 1, a perspective view of a currency handling and management system is illustrated, comprising a horizontal plate 101, a cash collecting tray 102 associated with the system comprising a plurality of compartments 103 with spring-loaded metal clips 104, a display unit 105 provided on the plate 101, a pair of motorized extendable sliding rails 106 coupled with the tray 102 and integrated with a press-push button 107, a circular-shaped coin collection box 108 attached to plate 101, a motorized iris lid 109 configured, a mechanical link 110 integrated with a suction tip 111 provided inside plate 101 box 108, a motorized clamp 112 is attached on plate 101, the clamp 112 being linked with a 90-degree flipping arrangement 118, a motorized air blower 113 mounted above the plate 101, a fingerprint authentication module 114 is installed on the upper side of plate 101, an AI (artificial intelligence)-enabled imaging unit 115 is mounted on cash tray 102 , a vibrating unit 116 is installed within box 108, a voice module 117 comprising a microphone 117a and a speaker 117b is integrated with plate 101.

[0025] The system disclosed herein comprises of a horizontal plate 101 configured as a currency receiving surface, the plate 101 is equipped with a proximity sensor to detect the presence of currency notes immediately upon placement. The proximity sensor works by emitting an electromagnetic field or beam of radiation, such as infrared, ultrasonic, or capacitive signals, and detecting changes in the field caused by the presence of an object. In the case of currency detection, the sensor continuously generates a signal and monitors its reflection, interruption, or variation when a note is placed on the plate 101. The change in signal amplitude, frequency, or capacitance is processed by the sensor’s internal circuitry, which converts it into an electrical output indicating object presence.

[0026] The system is controlled by a microcontroller, which is configured to manage sensor inputs, perform currency authentication, process transactions, actuate motorized components, and drive the display output. The microcontroller also serves as the central processing unit that coordinates all the intelligent functionalities integrated within the system.

[0027] Once the notes are detected, an optical image sensor mounted above the plate 101 captures images of the notes for the authentication of genuine currency. The optical image sensor works by converting light reflected from an object into electrical signals for image formation and analysis. The sensor consists of an array of photodiodes, such as a CMOS (complementary metal-oxide semiconductor), that capture incident photons when a currency note is illuminated. The photons generate electron-hole pairs in the photodiodes, producing a charge proportional to light intensity. This charge is converted into voltage signals, amplified, and digitized through an analog-to-digital converter. The resulting digital image is processed by the system’s protocols to extract security patterns, colors, and features for authenticating genuine currency notes

[0028] The plate 101 is further integrated with a first scanning unit positioned on its upper portion, the unit being configured to monitor real-time transactions and display the corresponding details such as the amount received and the change to be returned on the display unit 105 provided on the plate 101 itself.

[0029] The first scanning unit modules comprise an array of artificial intelligence (AI) enabled cameras synced with an integrated optical character recognition (OCR) module, which enhances accuracy in currency verification and denomination recognition.

[0030] The enabled cameras mentioned herein function by capturing high-resolution images of currency notes and processing them through embedded artificial intelligence protocol. The camera continuously acquires visual data, including color, texture, holograms, and micro-patterns present on the currency surface. This data is analyzed using convolutional neural networks (CNNs) or other deep learning models trained on genuine and counterfeit currency datasets. The AI protocol detect anomalies, validate security features, and classify denominations with high precision. Unlike conventional cameras, AI-enabled cameras integrate onboard computing to perform real-time feature extraction and decision-making, thereby ensuring rapid and accurate verification without dependence on external computational resources.

[0031] The optical character recognition (OCR) module mentioned herein works by analyzing captured images of currency notes to identify printed alphanumeric characters, serial numbers, and denomination markings. The OCR system preprocesses the image using techniques such as noise removal, banalization, and edge detection to enhance clarity. The processed image is segmented into individual character regions, which are then compared against a trained character recognition model. Using pattern matching and machine learning module, the OCR translates character images into digital text data. This collected data from cameras and from the OCR sensor is to send to the microcontroller and then validated against standard currency databases, enabling accurate denomination recognition and counterfeit detection based on text inconsistencies.

[0032] The display unit 105 mentioned herein is arranged on the component in the form of an electric signal for displaying the generated map. The display unit 105 as mentioned herein is typically an LCD (Liquid Crystal Display) screen that presents output in a visible form. The screen is equipped with touch-sensitive technology, allowing the user to interact directly with the display using their fingers. A touch controller IC (Integrated Circuit) is responsible for displaying the corresponding details such as the amount received and the change the touch controller is typically connected to the microcontroller through various interfaces which may include but are not limited to SPI (Serial Peripheral Interface) or I2C (Inter-Integrated Circuit). The display unit 105 further provides interactive instructions for cash handling to guide the user during transactions.

[0033] The system further includes cash collecting tray 102 associated with the plate 101, the tray 102 being divided into plurality of compartments 103. Each compartment is provided with spring-loaded metal clips 104 to securely hold different denominations of notes in an organized manner.

[0034] The spring-loaded metal clips 104 mentioned herein operate on the principle of elastic deformation provided by a metallic spring integrated with a rigid clip arm. Each clip consists of a tensioned spring element, typically made of stainless steel or phosphor bronze, that exerts a constant downward force on the clip arm. When currency notes are inserted into a compartment, the clip arm is displaced upward against the spring force, creating a clamping action once the notes are in place. The spring ensures uniform pressure, preventing slippage or disorganization of notes, while allowing easy manual insertion or removal without damaging the currency surface.

[0035] In an embodiment of the present invention, the clips 104 used herein could be magneto-mechanical clips. Each clip integrates a small electromagnet within a flexible arm, combined with a soft ferromagnetic plate on the clip tip. When a note is inserted, the electromagnet activates, generating a controlled magnetic field that securely holds the note without physical compression. The magnetic force is dynamically adjustable via the microcontroller, allowing accommodation of varying note thicknesses and minimizing wear or deformation. Release is achieved by reversing the current, neutralizing the magnetic field. This design enhances durability, reduces mechanical fatigue, and ensures precise, damage-free currency retention.

[0036] The cash collecting tray 102 is further equipped with the fingerprint authentication module 114 located on its upper side for authorizing user access, ensuring that only authorized individuals can operate or retrieve the stored currency. The fingerprint authentication module 114 works by capturing and analyzing unique ridge and valley patterns of a user’s fingerprint. When a finger is placed on the sensor surface, an optical, capacitive, or ultrasonic sensor acquires a high-resolution image of the fingerprint. The sensor converts the captured patterns into digital data, which is processed by an embedded protocol to extract distinctive features, such as minutiae points and ridge endings. The extracted data is compared against stored fingerprint templates in the module’s memory or a connected database. If a match is found, the module 114 sends an authorization signal to the microcontroller, enabling access to the cash tray 102.

[0037] The tray 102 is coupled with a pair of motorized extendable sliding rails 106 that are integrated with a press-push button 107, enabling automatic extension and retraction of the tray 102 during cash collection and disbursal processes. The press-push button 107 mentioned herein functions as a user-initiated electrical switch to control the tray 102. When pressed, the button 107 completes an electrical circuit, sending a signal to the microcontroller. The microcontroller interprets the signal to actuate the motor in the desired direction, either extending or retracting the tray 102. The button 107 is typically spring-loaded to return to its neutral position after activation, preventing accidental continuous operation.

[0038] The motorized extendable sliding rails 106 mentioned herein operate using a linear actuator combined with precision guide rails 106. The tray 102 is mounted on telescopic rail segments that slide smoothly along ball-bearing tracks. A small electric motor, typically a DC or stepper motor, drives a lead screw or belt-pulley system connected to the rails 106. When the motor is activated, it converts rotational motion into linear displacement, causing the tray 102 to extend or retract along a predefined path. The design of the rails 106 ensures stable, low-friction movement, allowing the tray 102 to carry variable loads smoothly during automated extension and retraction.

[0039] The motorized clamp 112 is attached on the plate 101 for securely holding the notes during scanning. The motorized clamp 112 mentioned herein works by using an electric motor connected to a sliding jaw via a screw. The motor provides power to the screw that is attached to the fixed frame of the clamp 112. As the screw rotates, it pushes or pulls the sliding jaw towards or away from the fixed jaw depending on the direction of rotation. This movement allows the clamp 112 for securely holding the notes during scanning.

[0040] The clamp 112 is linked with a 90-degree flipping arrangement 118 configured to flip the notes, thereby allowing full-surface scanning for enhanced authentication. 90-degree flipping arrangement 118 works using a motorized pivot connected to the clamp 112 holding the currency note. The clamp 112 is mounted on a rotational shaft or hinge aligned perpendicular to the tray 102 surface. When scanning of the reverse side is required, a DC or stepper motor drives the shaft, rotating the clamp 112 and the secured note by 90 degrees. Precision gears or a timing belt ensures controlled and smooth rotation, maintaining alignment and preventing slippage. The system may include a position encoder to monitor rotation, enabling the microcontroller to synchronize flipping with the scanning module, ensuring full-surface imaging for accurate authentication

[0041] In an embodiment of the present invention the tray 102 includes an array of infrared emitter-receiver pairs is positioned along the tray’s path. When the tray 102 moves, the infrared beams create a virtual barrier. If an object or hand interrupts any beam, the receiver detects the break in the signal and immediately sends an electronic stop command to the microcontroller controlling the tray 102 motor. This stops or reverses tray 102 movement instantly, preventing collisions or injuries. The optical interlock is non-contact, highly responsive, and can be calibrated to detect objects of varying sizes along the tray’s full range.

[0042] The circular-shaped coin collection box 108 is attached to the box 108 is equipped with a set of slots designed to accommodate different coin denominations. Each slot is fitted with motorized iris lid 109 configured to open and close, thereby allowing controlled insertion of coins. The iris lid 109 mentioned herein is an adjusting circular aperture comprised of an actuation ring and a plurality of blades according to the size of the lid 109. The blades are engraved with the protrusions through which the actuation ring is affixed to each blade. The actuation ring is connected to a motor, which helps in the movement of the actuation ring leading to the movement of blades inward or outward to change the size of the opening. When the blades close, the aperture becomes smaller, closing the lid 109. When the blades open, the aperture widens, opening the lid 109 thereby allowing controlled insertion of coins.

[0043] The system also incorporates the mechanical link 110 integrated with suction tip 111 placed inside the box 108, the link 110 working in synchronization with a second scanning module mounted inside the box 108. The mechanical link 110 operates as a precision actuating arm to manipulate coins within the box 108. It consists of interconnected rigid segments driven by stepper motors or linear actuators, providing controlled multi-axis movement. The link 110 translates rotational or linear motor motion into guided trajectories, positioning the end-effector (suction tip 111) accurately over designated coin slots. The link’s articulated design allows smooth navigation around obstacles, ensures consistent alignment, and maintains stability during rapid coin handling. The microcontroller coordinates the link’s motion with the scanning module, enabling synchronized, automated sorting while minimizing mechanical strain and preventing collisions with other components.

[0044] The suction tip 111 functions as the coin gripping and release interface at the end of the mechanical link 110. The tip’s uses a miniature vacuum or negative-pressure chamber to create a suction force that adheres to the coin’s surface without applying mechanical pressure. When brought into contact with a coin, the suction tip 111 generates enough holding force to lift, move, and accurately position the coin. Upon reaching the target slot, the vacuum is disengaged, allowing the coin to drop precisely into place. This non-contact gripping ensures damage-free handling, reliable coin placement, and smooth integration with automated sorting processes.

[0045] The second scanning module mentioned herein also includes array of artificial intelligence (AI) enabled cameras synced with an integrated OCR (optical character recognition) module that works similar as discussed above working of first scanning module and verifies the denomination of each coin and guides the coins to their respective slots.

[0046] The motorized air blower 113 is mounted above the plate 101 for drying wet notes, while a moisture sensor embedded in the plate 101 detects dampness in the notes and activates the blower 113 accordingly. The motorized air blower 113 functions by generating a focused stream of air to dry wet currency notes placed on the plate 101. It comprises a small electric motor connected to fan blades or an impeller, which rotates at high speed to produce airflow. The blower 113 directs warm or ambient air uniformly over the surface of the notes, accelerating moisture evaporation. The motor’s speed controlled to adjust airflow intensity depending on the dampness level. The blower 113 operates in synchronization with the microcontroller, activating only when required, ensuring energy-efficient, rapid, and damage-free drying of currency notes.

[0047] The moisture sensor embedded in the plate 101 detects the presence of dampness on currency notes using capacitive or resistive measurement principles. When a note is placed on the plate 101, the sensor measures the electrical properties of the note’s surface, which change proportionally with moisture content. Variations in capacitance or resistance generate a signal that is processed by the microcontroller to determine wetness levels. Upon detecting excess moisture, the sensor triggers the motorized air blower 113 to activate, ensuring the note is dried. Once the note reaches an acceptable dryness threshold, the sensor signals the blower 113 to stop, enabling automated and precise moisture control.

[0048] The AI-enabled camera continuously monitors coin placement, and upon detecting overlapping or clustered coins, the vibrating unit 116 is activated to redistribute them uniformly. To manage coin distribution efficiently, a vibrating unit 116 is installed within the coin collection box 108, configured to evenly spread coins across the slots. The vibrating unit 116 works by converting electrical energy into controlled mechanical oscillations to move and evenly distribute coins within the collection box 108.

[0049] The unit 116 typically consists of a small electric motor or piezoelectric actuator connected to an eccentric weight or vibrating plate 101. When energized, the rotation of the eccentric weight or rapid deformation of the piezo element generates vibrations that are transmitted to the coin surface. These vibrations reduce friction and prevent coin overlapping, allowing coins to settle uniformly into designated slots. The vibration intensity and frequency are adjustable via the microcontroller to optimize coin spreading for different denominations and quantities.

[0050] An AI-enabled imaging unit 115 is mounted on the cash tray 102 to monitor user behavior and detect suspicious or unauthorized activities around the tray 102. The imaging unit 115 incorporates a processor that is encrypted with an artificial intelligence protocol. The artificial intelligence protocol operates by following a set of predefined instructions to process data and perform tasks autonomously. Initially, data is collected and input into a database, which then employs protocol to analyze and interpret the captured images. The processor of the imaging unit 115 via the artificial intelligence protocol processes the captured images and sent the signal to the microcontroller for detecting suspicious or unauthorized activities around the tray 102

[0051] Any abnormal behavior captured by the imaging unit 115 triggers real-time alerts to an authorized individual for immediate action. A voice module 117 comprising microphone 117a and speaker 117b is integrated with system for enabling voice-based user interaction.

[0052] When the user speaks to give voice commands to microphone 117a, it first captures the sound waves from the voice. These sound waves hit the diaphragm which vibrates back and forth in response to sound waves. This movement is then transferred to a capacitor connected to the microphone 117a that converts the vibrations into an electrical signal that mirrors the pattern of the sound waves.

[0053] The speaker 117b works by converting the electrical signal into the audio signal. The speaker 117b consists of a cone known as a diaphragm attached to a coil-shaped wire placed between two magnets. When the electric signal is passed through the voice coil, it generates a varying magnetic field that interacts with the magnet causing the diaphragm to move back and forth. This movement pushes and pulls air creating sound waves just like the electrical signal received and used to notify the user regarding any abnormal behavior.

[0054] Additionally, the system incorporates a machine learning-based protocol integrated with a central database and configured with the microcontroller. This protocol analyzes real-time transaction data, detects counterfeit currency, identifies abnormal transaction patterns and suspicious behavior, and optimizes cash storage. The machine learning protocol continuously improves system performance by learning from historical trends, thereby enhancing accuracy, efficiency, and security of the overall system.

[0055] The present invention works best in the following manner, where the horizontal plate 101 as disclosed in the invention is configured as a currency receiving surface, with the integrated proximity sensor detecting presence of the notes immediately upon placement. Upon detection, the optical image sensor mounted above the plate 101 captures high-resolution images for authentication of genuine currency. The motorized clamp 112 on the plate 101 tray 102 secures the notes during scanning, and the 90-degree flipping arrangement 118 flips the notes to enable full-surface verification. Simultaneously, the first scanning unit monitors real-time transactions, with transaction details, including amount received and change to be returned, displayed on the display unit 105. The cash collecting tray 102, divided into multiple compartments 103 with spring-loaded metal clips 104, organizes and holds different denominations securely. The tray 102 is coupled with motorized extendable sliding rails 106, controlled via the press-push button 107, for automatic extension and retraction during cash collection and disbursal. The circular-shaped coin collection box 108 attached to the tray 102 manages coins through dedicated slots, each equipped with motorized iris lid 109 for controlled insertion.

[0056] In continuation, the mechanical link 110 integrated with suction tip 111 picks and guides coins in synchronization with the second scanning module, verifying denominations and guiding coins into respective slots. The motorized air blower 113 mounted above the plate 101 dries wet notes, triggered by the moisture sensor embedded in the plate 101. Fingerprint authentication module on the tray 102 authorizes user access, while AI-enabled cameras in the first and second scanning modules, along with OCR, enhance note verification and denomination recognition. The vibrating unit 116 ensures even coin distribution, and the AI imaging unit 115 monitors user behavior, triggering real-time alerts upon detecting suspicious activity. The machine learning protocol analyzes transaction data to detect counterfeit currency, abnormal patterns, and optimize cash storage, while the voice module 117 and interactive display provide guidance to users throughout transactions.

[0057] Although the field of the invention has been described herein with limited reference to specific embodiments, this description is not meant to be construed in a limiting sense. Various modifications of the disclosed embodiments, as well as alternate embodiments of the invention, will become apparent to persons skilled in the art upon reference to the description of the invention. , Claims:1) A currency handling and management system, comprising:
i) a horizontal plate 101 configured as a currency receiving surface, having an integrated proximity sensor to detect presence of currency notes;
ii) an optical image sensor mounted above the plate 101 for authentication of genuine currency;
iii) a cash collecting tray 102 associated with the system comprising a plurality of compartments 103 with spring-loaded metal clips 104 to securely hold different denominations of notes;
iv) a first scanning unit provided on an upper portion of the plate 101, configured to monitor real-time transactions, that are further displayed on a display unit 105 provided on the plate 101 regarding amount received and change to be returned;
v) a pair of motorized extendable sliding rails 106 coupled with the tray 102 and integrated with a press-push button 107 for automatic extension and retraction of the tray 102 during cash collection and disbursal.
vi) a circular-shaped coin collection box 108 attached to tray 102 having a set of slots for different coin denominations, each slot equipped with a motorized iris lid 109 configured to open and close for controlled coin insertion;
vii) a mechanical link 110 integrated with a suction tip 111 provided inside the box 108 and plate 101 link 110 works in synchronization with a second scanning module mounted inside the box 108 for verifying coin denominations and guiding coins to respective slots; and
viii) a microcontroller configured to control the system by managing sensor inputs, performing currency authentication, processing transactions, actuating motorized components, and driving the display output.

2) The system as claimed in claim 1, wherein a motorized clamp 112 is attached on plate 101 for securely holding plate 101 notes during scanning, plate 101 clamp being linked with a 90-degree flipping arrangement 118 configured to flip plate 101 notes for full-surface scanning.

3) The system as claimed in claim 1, wherein a motorized air blower 113 mounted above the plate 101 to dry wet notes, with a moisture sensor embedded in the plate 101 to detect dampness on the notes.

4) The system as claimed in claim 1, wherein a fingerprint authentication module 114 is installed on the upper side of the cash collecting tray 102 for authorizing user access.

5) The system as claimed in claim 1, wherein the first and second scanning module comprises of an array of artificial intelligence (AI) enabled cameras synced with an integrated OCR (optical character recognition) module.

6) The system as claimed in claim 1, wherein a vibrating unit 116 is installed within the box 108 configured to evenly spread coins on the slots, the AI camera monitors coin placement and activates the vibrating unit 116 upon detecting overlapping coins.

7) The system as claimed in claim 1, wherein an AI (artificial intelligence)-enabled imaging unit 115 is mounted on the cash tray 102 for monitoring user behavior and detecting suspicious or unauthorized activities around the tray 102, abnormal behavior triggers real-time alerts to an authorized individual.

8) The system as claimed in claim 1, wherein a machine learning based protocol; integrated with a central database is configured with the microcontroller to analyze real-time transaction data, detect counterfeit currency, abnormal transaction patterns, and suspicious behavior, and optimize cash storage and alert generation based on learned historical trends.

9) The system as claimed in claim 1, wherein a voice module 117 comprising a microphone 117a and a speaker 117b is integrated with the system for enabling voice-based user interaction.

10) The system as claimed in claim 1, wherein the display unit 105 further provides interactive instructions for cash handling to guide the user during transactions.

Documents

Application Documents

# Name Date
1 202521092145-STATEMENT OF UNDERTAKING (FORM 3) [25-09-2025(online)].pdf 2025-09-25
2 202521092145-REQUEST FOR EXAMINATION (FORM-18) [25-09-2025(online)].pdf 2025-09-25
3 202521092145-REQUEST FOR EARLY PUBLICATION(FORM-9) [25-09-2025(online)].pdf 2025-09-25
4 202521092145-PROOF OF RIGHT [25-09-2025(online)].pdf 2025-09-25
5 202521092145-POWER OF AUTHORITY [25-09-2025(online)].pdf 2025-09-25
6 202521092145-FORM-9 [25-09-2025(online)].pdf 2025-09-25
7 202521092145-FORM FOR SMALL ENTITY(FORM-28) [25-09-2025(online)].pdf 2025-09-25
8 202521092145-FORM 18 [25-09-2025(online)].pdf 2025-09-25
9 202521092145-FORM 1 [25-09-2025(online)].pdf 2025-09-25
10 202521092145-FIGURE OF ABSTRACT [25-09-2025(online)].pdf 2025-09-25
11 202521092145-EVIDENCE FOR REGISTRATION UNDER SSI(FORM-28) [25-09-2025(online)].pdf 2025-09-25
12 202521092145-EVIDENCE FOR REGISTRATION UNDER SSI [25-09-2025(online)].pdf 2025-09-25
13 202521092145-EDUCATIONAL INSTITUTION(S) [25-09-2025(online)].pdf 2025-09-25
14 202521092145-DRAWINGS [25-09-2025(online)].pdf 2025-09-25
15 202521092145-DECLARATION OF INVENTORSHIP (FORM 5) [25-09-2025(online)].pdf 2025-09-25
16 202521092145-COMPLETE SPECIFICATION [25-09-2025(online)].pdf 2025-09-25
17 Abstract.jpg 2025-10-07