Patent · US Expired

Transaction processing system and transaction processing method

US5854581A · kind A · utility

114Cited by
2References
29Claims
0Family size

Assignee

Inventors

Key dates

Filing dateSep 6, 1996
Grant dateDec 29, 1998
Priority date
Expiry dateSep 6, 2016

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07F19/20
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

This invention relates to a transaction processing system including a host computer (1), a transaction device (2), a first customer card (3) and a second customer card (4). The first card (3) and the second card (4) directly transfer information representing monetary values between them on the basis of signals verifying a transaction processing received from the host computer (1) through the transaction device (2). When the information representing the monetary values are exchanged between the first card (3) and the second card (4), the host computer (1) updates the balance of the account stored in the host computer (1).

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.