Method and system for off-line loading of stored value cards using a batch-load terminal
US6422459B1 · kind B1 · utility
Assignee
Inventor
Key dates
| Filing date | Oct 13, 1998 |
| Grant date | Jul 23, 2002 |
| Priority date | — |
| Expiry date | Oct 13, 2018 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F17/42
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and system for batch loading a stored value application of a microprocessor based stored value card includes a stored value card reader/writer connected to a local computer device and a batch-load application running on the same computer device which securely stores load key information and emulates the remote functions of an on-line load transaction. The computer also has a security module for storing load key information and an encryption device. Communication is initiated on the card reader at the local computer device between the stored value application and the batch-load application, and an off-line batch-load transaction is performed in which the load key information is validated and a funding source is also validated. An authorizing message is sent by the batch-load application to the stored value application with data representing a pre-selected monetary value.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.