Portable 1-way wireless financial messaging unit

US6038549A · kind A · utility

Inventors

• Walter L. Davis · Coral Springs, US
• Jeff LaVell · Mesa, US
• Jose Gutman · Boca Raton, US

Key dates

• Filing date: Dec 22, 1997
• Grant date: Mar 14, 2000
• Expiry date: Dec 22, 2017

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04W12/10
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A secure messaging system including a secure messaging system controller (1100) and a first financial messaging unit (906). A user initiates a financial transaction by providing a transaction authentication code to the secure messaging system controller (1100). In response to the first financial messaging unit (906) receiving a secure financial transaction message containing a value, a user inputs the corresponding transaction authentication code that releases and disburses at least a portion of the value to the first financial messaging unit (906) for effecting a financial transaction.