System and method for a secure transaction module
First Claim
Patent Images
1. A secure electronic payment transaction system comprising:
- a secure transaction module (STM) comprising one or more hardware components and one or more software components for providing secure payment transactions utilizing banking cards;
a host device comprising a communication modem for connecting to a financial institution via a network;
wherein said STM is adapted to connect to said host device via an interface and to communicate with said financial institution via said communication modem; and
wherein said STM is further adapted to receive payment transaction commands from said host device via said interface.
2 Assignments
0 Petitions
Accused Products
Abstract
A secure electronic payment transaction system includes a Secure Transaction Module (STM) and a host device. The STM includes hardware and software components that meet the security requirements of the payment card industry and provide secure payment transactions utilizing banking cards. The host device includes a communication modem for connecting to financial institutions via a network connection. The STM connects to the host device via an interface and communicates with the financial institutions via the host device'"'"'s communication modem. The STM is self-sufficient and can be connected to any host device over any interface.
-
Citations
51 Claims
-
1. A secure electronic payment transaction system comprising:
-
a secure transaction module (STM) comprising one or more hardware components and one or more software components for providing secure payment transactions utilizing banking cards;
a host device comprising a communication modem for connecting to a financial institution via a network;
wherein said STM is adapted to connect to said host device via an interface and to communicate with said financial institution via said communication modem; and
wherein said STM is further adapted to receive payment transaction commands from said host device via said interface. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24)
-
-
25. A method for performing secure electronic payment transactions comprising:
-
providing a secure transaction module (STM) comprising one or more hardware components and one or more software components for providing secure payment transactions utilizing banking cards;
providing a host device comprising a communication modem for connecting to a financial institution via a network;
connecting said STM to said host device via an interface; and
communicating between said STM and said financial institution via said communication modem and performing said secure electronic payment transactions. - View Dependent Claims (26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49)
-
-
50. A secure transaction module (STM) adapted to provide secure payment transactions utilizing banking cards, said STM comprising:
-
one or more hardware components, one or more software components, a cryptographic boundary comprising security measures that detect and prevent tampering with said one or more hardware components and said one or more software components;
wherein said STM is adapted to connect to a host device via an interface and to communicate with a financial institution via a communication modem of said host device; and
wherein said cryptographic boundary does not allow said secure payment transactions to be compromised by said host device or other external devices.
-
-
51. The STM of claim 51 wherein said STM is adapted to receive payment transaction commands from said host device via said interface.
Specification