All-in-one proximity payment device with local authentication

US9401063B2 · kind B2 · utility

Assignee

• MASTERCARD INTERNATIONAL INCORPORATED · US

Inventors

• Elizabeth M. Foran-Owens · Stamford, US
• John Wankmueller · Great Neck, US
• Cristian Radu · Beauvechain, BE

Key dates

• Filing date: Jun 8, 2007
• Grant date: Jul 26, 2016
• Expiry date: Apr 12, 2030

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04L9/50
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A personal powered proximity payment device that can be owned by or issued to an individual user is provided. The device is a non-ISO card device that includes an internal dual-mode (contact and contactless) chip card coupled to a display and a robust PIN entry or biometric reading means. The device provides proximity payment functions, and optional proximity payment on/off and local pre-purchase account holder verification functions to the individual user.