Card authorization terminal

Details Card authorization terminal Card authorization terminal

1988-09-21

1989-10-17

Pitts, Harold I.

Registers

Systems controlled by data bearing records

Banking systems

235380, 902 5, G06F 1530

Patent

active

048749320

ABSTRACT:
In a card authorization terminal for effecting card authorization processing for a large transaction amount of money with communications with a host computer but card pseudoauthorization processing for a small transaction amount of money without communications with the host computer, transaction data used for pseudoauthorization processing are once stored in a memory unit and then transmitted to the host computer during communications with the host computer for card authorization processing. Further, in the case of transactions of small amounts of money, only some transactions extracted at random are processed for card authorization.

REFERENCES:
patent: 4408203 (1983-10-01), Campbell

Affiliated with

Also associated with

Rating

Card authorization terminal does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Card authorization terminal, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Card authorization terminal will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-1744948