System and method for transponder-enabled account transactions
First Claim
1. A system for transponder-enabled transactions, comprising:
- a wireless interface to a transponder, the wireless interface for coupling to the transponder at a point of sale; and
a transaction interface, communicating with the wireless interface, the transaction interface operative to communicate with at least one network-enabled transaction device to permit the execution of a transaction at the point of sale.
2 Assignments
0 Petitions
Accused Products
Abstract
A transponder-initiated transaction system is electromagnetically coupled to an account transponder device at the point of sale. The account transponder device may be embedded within a watch, key chain or other personal article for convenience or affinity. The transponder device may communicate account information to an RF-enabled point of sale device, enabling transactions to take place without resort to remote data processing facilities. In other embodiments partial or complete account information may be accessed or stored at co-located or remote sources. New account registrants may access a Web site to enter a transponder ID and activate a new account, which may be a credit account, debit account, cash account, special purpose vending account, or other types of accounts.
124 Citations
20 Claims
-
1. A system for transponder-enabled transactions, comprising:
-
a wireless interface to a transponder, the wireless interface for coupling to the transponder at a point of sale; and
a transaction interface, communicating with the wireless interface, the transaction interface operative to communicate with at least one network-enabled transaction device to permit the execution of a transaction at the point of sale. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
-
-
11. A method of transponder-enabled transactions, comprising:
-
a) coupling to a transponder at a point of sale via a wireless interface; and
b) communicating with at least one network-enabled transaction device via a transaction interface to permit the execution of a transaction at the point of sale. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19, 20)
-
Specification