Method and apparatus for effecting payment

• US 20060026098A1
• Filed: 06/15/2005
• Published: 02/02/2006
• Est. Priority Date: 06/18/2004
• Status: Active Grant

• Current Assignee: Benhov GmbH, LLC (Intellectual Ventures LLC)
• Original Assignee: Privacy, Inc. (Walker Innovation Inc. (f/k/a Patent Properties, Inc.))
• Inventors: Peckover, Douglas L., Wright, Benjamin L.
• Granted Patent: US 8,001,047 B2
• Time in Patent Office: Days
• US Class Current: 705/40
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/105 involving programming of a portable memory device, e.g. IC cards, "electronic purses"
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

One aspect of the invention relates to a technique for effecting payment, and involves: presenting a portable device; and causing the portable device to output a pseudo payment code.

Claims

1. A method of effecting payment comprising:

presenting a portable device; and

causing the portable device to output a pseudo payment code.

2. A method according to claim 1, wherein the portable device is a smart card.