Method for effecting an electronic payment transaction having a

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

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34082531, 235 37C, G06K 500, G06F 1760, G07D 700

Patent

active

057395110

ABSTRACT:
The invention relates to a method for protected payment with electronic payment device, such as "intelligent" payment cards ("smart cards"), in a variable number of steps. In this connection, use is made of a non-reversible function, of which successive function values are provided by the payment device to the payment station in question by way of proof of payment. On the basis of these function values, there may take place both a verification and a determination of the number of steps. Such method finds application, e.g., in public telephones and in copiers. The invention further relates to a payment device and a payment system for applying the method.

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