System and method for facilitating monetary transactions

Registers – Systems controlled by data bearing records – Credit or identification card systems

Reexamination Certificate

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

C235S379000, C235S492000

Reexamination Certificate

active

07743980

ABSTRACT:
A system for facilitating transactions. In an example embodiment, the system includes a charging terminal capable of charging an account based on an account number. A scanner obtains biometric information. A first mechanism employs the biometric information to automatically provide an account number to the charging terminal. In a specific embodiment, the first mechanism includes a credit card or Automated Teller Machine terminal (ATM), and the account number includes a credit number or ATM number. The first mechanism automatically selects from among plural accounts based on the biometric information. A second mechanism enables a user to control which account number is selected via the biometric information. A third mechanism enables the user to prioritize plural accounts. The highest priority account is selected for automatic charging via the system. In an illustrative embodiment, a seventh mechanism automatically provides transaction information to the charging terminal. The seventh mechanism wirelessly interrogates product tags associated with products to be purchased and computes a total in response thereto and forwards the total to the charging terminal.

REFERENCES:
patent: 5239167 (1993-08-01), Kipp
patent: 5613012 (1997-03-01), Hoffman et al.
patent: 5764789 (1998-06-01), Pare, Jr. et al.
patent: 5838812 (1998-11-01), Pare, Jr. et al.
patent: 6192142 (2001-02-01), Pare, Jr. et al.
patent: 6230148 (2001-05-01), Pare, Jr. et al.
patent: 6269348 (2001-07-01), Pare, Jr. et al.
patent: 6581042 (2003-06-01), Pare, Jr. et al.
patent: 2002/0147600 (2002-10-01), Waters et al.
patent: 2002/0169673 (2002-11-01), Prorock et al.
patent: 2003/0149661 (2003-08-01), Mitchell et al.
patent: 2004/0117302 (2004-06-01), Weichert et al.

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

System and method for facilitating monetary transactions does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with System and method for facilitating monetary transactions, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method for facilitating monetary transactions will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-4215963

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.