System for utilizing a single card to provide multiple services in an open network environment
US6505772B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 22, 2000 |
| Grant date | Jan 14, 2003 |
| Priority date | — |
| Expiry date | Jun 22, 2020 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/04
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An information management system for operation in a proprietary environment implementing a multi-purpose card held by a designated individual. The information management system includes a multi-purpose card, at least one data input device, at least one database, a host, and a transaction processor. The card is coded to identify the rightful cardholder and to identify the services the card holder is entitled to receive. The at least one data input device receives transactional information from the merchant/service-provider and the card. The database records transactional information and verifies transactional information. The host includes the at least one database for processing transactional information. The debit transaction processor authorizes ACH or debit transactions occurring within the proprietary environment. The ACH or debit transaction processor then communicates with the host and at least one financial institution through a network.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.