Mobile funds transaction device for transferring funds between remote banking facilities
US6010067A · kind A · utility
Assignee
Inventor
Key dates
| Filing date | Jul 22, 1996 |
| Grant date | Jan 4, 2000 |
| Priority date | — |
| Expiry date | Jul 22, 2016 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F7/1008
- WIPO fieldControl
- WIPO sectorInstruments
Abstract
A mobile funds transaction device for transferring funds between one bank account or credit facility and another bank account or credit facility, the device having: a card reader device; a PINpad device with an encryption system; a modem device; a communication interface device connected with the modem device; an output report device; a wireless communication device; and a central processing device (CPU) to which are connected the above-listed devices. The CPU is programmed to store merchant identifying data of the owner/leasee of the device and to activate the PINpad device so a user can enter confidential identifying information to the CPU. The user then activates a communication connection via the modem device and the interface device to transmit the stored user entered data as well as transmit the merchant identifying data of the owner/leasee of the device, so that funds can be transferred from the user's bank account or credit or debit card to the owner/leasee's bank account or vice versa and to provide signals to the output report device confirming the transaction or other information relating to the transaction
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.