System and process for performing purchase transactions using tokens
US8751391B2 · kind B2 · utility
296Cited by
890References
12Claims
0Family size
Assignee
Inventor
Key dates
| Filing date | Mar 31, 2003 |
| Grant date | Jun 10, 2014 |
| Priority date | — |
| Expiry date | Mar 5, 2029 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/02
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The invention relates to a method and process by which an existing and large network of devices can be used by consumers to authenticate themselves, and permits each consumer to apply any of the various payments mechanisms available to him. The existing broadly distributed network is active and passive radio frequency identification (“RFID”) devices held by consumers. Various types of accounts are linked to devices and allow users to perform various purchase transactions, as well as non-financial transactions.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.