Private and secure payment system

Data processing: financial – business practice – management – or co – Business processing using cryptography – Secure transaction

Reexamination Certificate

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Details

C705S053000

Reexamination Certificate

active

07890433

ABSTRACT:
With the payment system02of the present invention, a customer06may conduct a private and secure payment transaction (i) with a merchant08using a wireless device12, (ii) with a merchant using a payment card100, (iii) with a merchant using a bank card130(iv), with a merchant using any one of the wireless device12, a payment card100or a bankcard130(v) with a private party using a wireless device12and (vi) withdraw cash from an ATM machine using a wireless device12. In all of these embodiments, a customer does not share his identity, personal sensitive data and purchasing habits with the merchants, the banks or the private party. In many of these embodiments, a customer need not carry his bankcards and or personal checks bearing personal and sensitive data with him/her avoiding the risks of theft or loss.

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Kuykendall, Lavonne Credit Card Management , v 12 , n 8 , p. 78-83 , Nov. 1999 Document Type: Periodical; Feature ISSN: 0896-9329 Journal Code: CCM.

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