Electronic payment method and system having several calculation

Registers – Systems controlled by data bearing records – Banking systems

Patent

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Details

235492, 902 11, G06F 1760, G06K 1906

Patent

active

060169559

ABSTRACT:
A payment system for use with electronic payment devices. Electronic payment cards (e.g. "Smart Cards"), may be used with one or more payment stations (e.g. electronic cash registers). The payment stations are designed for receiving, during a payment transaction, a monetary value by crediting, in the payment station, a first value, and debiting, in the payment means, a second value corresponding to the first value. The first and second values may be expressed in different calculation units, such as currencies of different countries. The system furthermore offers a payment device for application in such a system, and a method for effecting a payment transaction with an electronic payment means.

REFERENCES:
patent: 4295039 (1981-10-01), Stuckert
patent: 4766293 (1988-08-01), Boston
patent: 4935962 (1990-06-01), Austin
patent: 4992646 (1991-02-01), Collin
patent: 5440634 (1995-08-01), Jones et al.

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