Transaction system and method

Details Transaction system and method Transaction system and method

1996-11-27

1998-06-02

Hajec, Donald T.

Registers

Records

Conductive

235437, 235382, G06K 1906, G06K 1900

Patent

active

057603855

ABSTRACT:
A secure monetary system comprises an electronic module and equipment to access the electronic module. The electronic module comprising a substantially token-shaped module and secure memory circuitry to store monetary information. The secure memory positioned in the substantially token-shaped module. The equipment accesses and manipulates the monetary information stored in the memory in the electronic module. The equipment comprises memory to store control and encryption programs and the memory is coupled to a microprocessor, which is also coupled to the electronic module and a control panel. The microprocessor is secure.

REFERENCES:
patent: 5049728 (1991-09-01), Rovin
patent: 5166502 (1992-11-01), Rendleman et al.
patent: 5210846 (1993-05-01), Lee
patent: 5604343 (1997-02-01), Curry et al.

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