Systems for processing transponder-based transactions
US7925576B2 · kind B2 · utility
1Cited by
38References
23Claims
0Family size
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Key dates
| Filing date | Jun 26, 2002 |
| Grant date | Apr 12, 2011 |
| Priority date | — |
| Expiry date | Jul 6, 2026 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F7/04
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The present invention includes transaction processing systems that process transactions from merchant systems designed to convert the presentation of a transponder device into electronic debits from a checking account. The transaction processing systems also can provide risk assessment, validation or user data and/or MICR data, and/or transaction guarantee services.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.