Electronic payment system
US9626821B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Apr 24, 2008 |
| Grant date | Apr 18, 2017 |
| Priority date | — |
| Expiry date | Sep 29, 2031 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L63/0435
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The specification and drawing figures describe and show a system for making a payment across a point-of-sale device that includes at least one a payment instrument having financial data required to conduct a financial transaction across a credit network. The system also includes a mobile wireless instrument having a data processor operatively connectable to the point-of-sale device and to the payment instrument. At least one algorithm is provided for transmitting the financial data from the payment instrument to the data processor of the mobile wireless instrument, and for decrypting an encryption key, as well as transmitting an instruction from the mobile wireless instrument to the point-of-sale device to authorize the payment.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.