Multi-interface processing of electronic payment transactions
US10417628B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 29, 2016 |
| Grant date | Sep 17, 2019 |
| Priority date | — |
| Expiry date | Jan 14, 2037 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F7/127
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A payment terminal may receive a request to process electronic payment information from a payment card in a swipe mode. The payment terminal may provide an opt-in request. If a user accepts, the payment terminal may receive a payment transaction request and electronic payment information of a swipe payment type from the payment card at a swipe interface. The payment terminal may determine whether the payment card is a chip card and generate a swipe mode processing indicator. The swipe mode indicator may allow processing of electronic payment information using procedures for the swipe payment type. The payment terminal may transmit the swipe mode processing indicator and electronic payment information to a payment server from a communication interface of the payment terminal, and may receive a payment approval response based on the swipe mode processing indicator.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.