Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or...
Patent
1997-07-16
2000-06-20
Trammell, James P.
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
705 65, 705 13, 705 16, 705 21, 705 50, 705 64, 705 67, 380 23, 380 24, G06F 1760
Patent
active
060788887
ABSTRACT:
The invention relates to providing secure transactions with a tag and POS device associated with a host network authorization system. In doing so, the tag is adapted to bi-directionally communicate with a POS device, preferably a fuel dispenser, which further communicates with a host network to provide authorization of the tag and carry out any desired purchases or transactions. To avoid transmitting data from which valuable account or financial information could be derived, between the tag and POS device or the POS device and the host network system, the invention may maintain all or a majority of account and financial information requiring absolute security only at the host network. Neither the tag nor the POS device has or has access to certain critical financial or account information. The tag also is adapted to communicate with other local sources and the POS device directly. Additional and alternate security is available for these communications. Furthermore, the local sources may need a password to access certain data stored in the tag's memory.
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Gilbarco Inc.
Lee Chinor M.
Trammell James P.
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