Voice/data financial transaction communications device

• US 20060026099A1
• Filed: 07/30/2004
• Published: 02/02/2006
• Est. Priority Date: 07/30/2004
• Status: Abandoned Application

• Current Assignee: Bellsouth Intellectual Property Corporation (AT&T, Inc.)
• Original Assignee: Bellsouth Intellectual Property Corporation (AT&T, Inc.)
• Inventors: Wilson, Paul, Danz, Barry
• Application Number:
  US10/903,990
• Publication Number:
  US 20060026099A1
• Time in Patent Office: Days
• US Class Current: 705/44
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions

Abstract

A voice/data financial transaction communications device having an integrated credit card processing terminal, a financial transaction computer program product, and a router detects and decodes financial data, associates the financial data with other transactional data, creates a financial transaction request, and communicates the request to an authorization communications address via a data communications network and/or a telecommunications network. In response to the request, a message is communicated and presented to the voice/data financial transaction communications device with payment authorization (or alternate instructions) to complete the financial transaction.

Claims

1. A voice/data financial transaction communications device, comprising:

a voice over internet protocol communications device having a router for communications with a communications network, a card reader subsystem for reading a payment medium, a Voice over Internet Protocol Financial Transactions Module stored in a memory device, and a processor communicating with the memory device,

the Voice over Internet Protocol Financial Transactions Module,

receiving data of a financial card medium from the card reader subsystem, the financial medium data identifying at least one of a financial institution authorization communications address, a card identifier, a cardholder, an expiration date, and a monetary limit for a financial transaction,

communicating a financial transaction request to the financial institution authorization communications address via the communications network, the request comprising the financial medium data, merchant data, and a monetary amount, the merchant data identifying at least one of a merchant communications address, a merchant identifier, and a financial institution of the merchant, and

receiving an authorization from the financial institution authorization communications address for the requested monetary amount.

2. The voice/data financial transaction communications device of claim 1, further comprising:

a keyboard subsystem for communicating data with the voice over internet protocol communications device.

3. The voice/data financial transaction communications device of claim 2, wherein the keyboard subsystem comprises at least one of the following:

a keyboard;

a mouse; and

a stylus.

4. The voice/data financial transaction communications device of claim 1, further comprising:

a display for communicating visual data with the voice over internet protocol communications device.

5. The voice/data financial transaction communications device of claim 1, further comprising:

an audio subsystem for communicating audio data with the voice over internet protocol communications device.

6. The voice/data financial transaction communications device of claim 1, further comprising:

a power source for the voice over internet protocol communications device.

7. The voice/data financial transaction communications device of claim 6, wherein the power source is a battery power source.

8. The voice/data financial transaction communications device of claim 1, further comprising:

a peripheral bus controller operating with the router to control communications signals with a communications switch of the communications network, the communications signals comprising at least one of the request, the authorization, and a voice communications signal, the voice communications signal from the voice/data financial transaction communications device to another communications address.

9. The communications system of claim 8, wherein the communications switch comprises a voice and data switch, the voice and data switch establishing a communications connection with at least one of a telecommunications network and a data network.

10. The voice/data financial transaction communications device of claim 1, further comprising:

a printer for printing out a receipt associated with at least one of the request and the authorization.

11. A voice/data financial transaction communications device, comprising:

at least one input/output processor to access, input, and output at least one of data of a financial card medium, a financial transaction request, and an authorization for the financial transaction request;

at least one router for routing a communications signal of at least one of the financial medium data, the financial transaction request, and the authorization for the financial transaction request to a communications network;

a memory device for storing a Voice over Internet Protocol Financial Transaction Module; and

a processor communicating with the memory device, the processor operating with Voice over Internet Protocol Financial Transaction Module for processing at least one of the financial card medium, the request, and the authorizations.

12. The voice/data financial transaction communications device of claim 11, further comprising at least one of:

a graphics/video subsystem;

a keyboard subsystem;

an audio subsystem;

a magstripe card swipe subsystem; and

a security codec subsystem.

13. The voice/data financial transaction communications device of claim 12, further comprising:

at least one of a wireless communications transceiver and a wired communications port for communicating the communications signal via the router with at least one of the communications network and another communications device.

14. The voice/data financial transaction communications device of claim 13, the Voice over Internet Protocol Financial Transaction Module:

receiving the data of the financial card medium from the card reader subsystem, the financial medium data identifying at least one of a financial institution authorization communications address, a card identifier, a cardholder, an expiration date, and a monetary limit for a financial transaction,

communicating the financial transaction request to the financial institution authorization communications address via the communications network, the request comprising the financial medium data, merchant data, and a monetary amount, the merchant data identifying at least one of a merchant communications address, a merchant identifier, and a financial institution of the merchant, and

receiving the authorization from the financial institution authorization communications address for the requested monetary amount.

15. A computer program product, comprising:

a computer-readable medium; and

a Voice over Internet Protocol financial transaction module stored on the computer-readable medium, the Voice over Internet Protocol Financial Transactions Module;

receiving data of a financial card medium from the card reader subsystem, the financial medium data identifying at least one of a financial institution authorization communications address, a card identifier, a cardholder, an expiration date, and a monetary limit for a financial transaction,

communicating a financial transaction request to the financial institution authorization communications address via the communications network, the request comprising the financial medium data, merchant data, and a monetary amount, the merchant data identifying at least one of a merchant communications address, a merchant identifier, and a financial institution of the merchant, and

receiving an authorization from the financial institution authorization communications address for the requested monetary amount.

16. The computer program product of claim 15, wherein the computer-readable medium is stored to a voice-over internet protocol communications device.

17. The computer program product of claim 15, wherein the computer-readable medium is stored to a computer system.