Charge approval and payment system

• US 20050182674A1
• Filed: 04/29/2003
• Published: 08/18/2005
• Est. Priority Date: 04/29/2002
• Status: Abandoned Application

• Current Assignee: Tae Soon Yeo
• Original Assignee: Tae Soon Yeo
• Inventors: Yeo, Tae Soon
• Application Number:
  US10/513,046
• Publication Number:
  US 20050182674A1
• Time in Patent Office: Days
• US Class Current: 705/13
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/223 based on the use of peer-to-peer networks
• CPC Class Codes: G06Q 20/322 Aspects of commerce using mobile devices [M-devices]
• CPC Class Codes: G06Q 20/3223 Realising banking transactions through M-devices
• CPC Class Codes: G06Q 20/327 Short range or proximity payments by means of M-devices
• CPC Class Codes: G06Q 20/341 Active cards, i.e. cards including their own processing means, e.g. including an IC or chip
• CPC Class Codes: G06Q 20/363 with the personal data of a user
• CPC Class Codes: G06Q 20/42 Confirmation, e.g. check or permission by the legal debtor of payment
• CPC Class Codes: G07B 15/063 using wireless information transmission between the vehicle and a fixed station identification of vehicles G08G
• CPC Class Codes: G07F 7/0866 by active credit-cards adapted therefor G07F7/1008 takes precedence
• CPC Class Codes: G07F 7/0886 the card reader being portable for interacting with a POS or ECR in realizing a payment transaction
• CPC Class Codes: G07F 7/1008 Active credit-cards provided with means to personalise their use, e.g. with PIN-introduction/comparison system

Abstract

A charge settlement system is capable of settling a charge, even during movement, without access to any card-inquiry terminal such as a magnetic credit card. The system is relatively inexpensive to construct and includes a transaction terminal and a portable wireless settlement device. When the transaction terminal requests a payment to the portable wireless settlement device via a communication network, the portable wireless settlement device accesses a server via a wireless communication network for settlement. The portable wireless settlement device includes wireless communication with a transaction terminal; a button section for payment and receipt; a key-entering section; a display device for displaying various kinds of information; and a controller having various types of data stored therein. Payment information is transmitted on a payment mechanism to the transaction terminal, and a payment-confirmation signal is transmitted for payment and receipt, to the transaction terminal via the wireless communication.

Claims

1. A charge settlement system comprising a transaction terminal for calculating the expenses occurring during various transactions and a portable wireless settlement device for processing payments according to payment requests of the transaction terminal, wherein

the transaction terminal comprises:

a wireless communication means installed on a terminal adapted to process a charge for goods or services or a toll, the wireless communication means performing wireless communication with the portable wireless settlement device; and

a controller configured to transmit a payment-requesting signal, including transaction particulars, to the wireless communication means and, when payment information is received from the portable wireless settlement device, identify a payment means for performing a determined procedure, and

the portable wireless communication means for communication with the wireless communication means of the transaction terminal;

a button section for payment and receipt;

a key-entering section;

a display device for displaying various kinds of information;

a charger chip for charging an amount of money for settlement beforehand;

a wire/wireless communication module for accessing a server via a communication network in order for the charger chip to be charged with an amount of money; and

a controller having various types of data stored therein, the controller controlling the display device to display the payment-requesting signal received from the transaction terminal, transmitting payment information on a payment means chosen by the key-entering section to the transaction terminal, making the display device display a payment-confirmation request from the transaction terminal, and transmitting a payment-confirmation signal, entered by the button section for payment and receipt, to the transaction terminal via the wireless communication means, the controller controlling the charged money to be used for settlement if a payment-requesting signal is received from the transaction terminal and the charged money in the charger chip is sufficient for settlement, controlling the access to the server via wire/wireless communication module so that the charger chip is charged with an amount of money if the charged money in the charger chip is depleted.

2. The charge settlement system as claimed in claim 1, wherein the portable wireless settlement device comprises a data-signal processing unit connected to the wireless communication means for data-processing and an encryption data-signal processing unit connected to the data-signal processing unit, so that the individual data transmitted between the controller and the transaction terminal is encrypted for the individual user, and an additional ASIC encryption unit is provided for a correct transaction as well as for a hacking-prevention.

3. The charge settlement system as claimed in claim 1, wherein the portable wireless settlement device uses the key-entering section to set and enter a password, and further comprises a biomatics means for user authentication.

4. The charge settlement system as claimed in claim 1, wherein the wireless communication means is a Bluetooth communication module or a wireless communication module.

5. (canceled)

6. (canceled)

7. A charge settlement system comprising a transaction terminal and a portable wireless settlement device, wherein

the transaction terminal includes:

a Bluetooth communication module installed on a terminal adapted to pay a charge occurring when purchasing goods or a toll, such as at a vending machine, a taxi, a bus, a subway, an expressway toll collection system; and

a first controller for providing the Bluetooth communication module with an order signal and a payment-requesting signal, and

the portable wireless settlement device includes;

a Bluetooth communication module for communication with the Bluetooth communication module of the transaction terminal;

a second controller;

a data-signal processing unit for providing the second controller with a data transmitted to the Bluetooth communication module and receiving an approval from the second controller;

a memory for storing information, such as an approval number of the portable wireless communication device and the user'"'"'s card number, to provide the second controller with the information;

a charger chip connected to the second controller for providing a payment-requesting/payment-approval signal, the charger also being able to be charged with an amount of money through connection with a bank server;

a payment button connected to the second controller, the payment button enabling an amount of money to be paid upon receiving a payment approval from the charger chip and the second controller; and

a display device connected to the second controller for displaying the amount of money approved and the approval number or the like.