Reload protocol at a transaction processing entity

US9454752B2 · kind B2 · utility

Assignee

• CHARTOLEAUX KG LIMITED LIABILITY COMPANY · US

Inventors

• Michael J. Berardi · North Palm Beach, US
• Michal Bliman · Matawan, US
• David S. Bonalle · New Rochelle, US
• Jennifer Elwood · New York, US
• Matthew C. Hood · Wayne, US
• Susan E. Isenberg · New York, US
• Alexandra Mayers · New York, US
• Trevor J. Perry · West Jordan, US
• Peter D. Saunders · Salt Lake City, US
• Kathryn D. Scheding · New York, US
• Sejal Ajit Shah · New York, US
• Kristin L. VonWald · Bluffdale, US
• John R. Williamson · Jersey City, US

Key dates

• Filing date: Dec 13, 2002
• Grant date: Sep 27, 2016
• Expiry date: Mar 4, 2027

Classification

• Technology area (CPC G): Physics
• CPC primary: G07C9/26
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A transponder-reader payment system includes a fob including a transponder, and a RFID reader for interrogating the transponder. In exemplary operation, the fob identifying information may be presented to the RFID reader for completion of a transaction request. The transaction request may be provided to a fob issuer system which retrieves a value for satisfying the transaction request from a fob associated transaction data file. The issuer system may deplete the transaction data file in accordance with the transaction request and replenish the data file in accordance with fob user or fob issuer defined reload protocol.