System and method for uniquely identifying point of sale devices in an open payment network
US8600881B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | May 28, 2009 |
| Grant date | Dec 3, 2013 |
| Priority date | — |
| Expiry date | Aug 12, 2030 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0238
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system, apparatus, and method for using a point of sale (POS) terminal as part of an electronic payment transaction. A unique number, code, alphanumeric character string, or other form of identification is assigned to each terminal manufacturer. Each terminal manufacturer then assigns a unique global identifier to each terminal they manufacture. The identifier assigned by the manufacturer may incorporate or be derived from the unique identifier assigned to each manufacturer. In the course of an electronic payment, other form of transaction, or other function or operation of the terminal, the POS terminal's unique global identifier is provided to a payment processor or other electronic payment network entity. This information, alone or in combination with portable consumer device data and transaction data, may be used to provide new services, content, and products to consumers or merchants.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.