Electronic credit card - ECC
First Claim
1. An electronic credit card comprising:
- a user verifier for verifying a user'"'"'s identity;
a code generator for generating a unique authorization code when the user'"'"'s identity is verified;
a storage for storing the user'"'"'s account details for use in an electronic funds transfer transaction; and
a communicator for securely communicating the account details of the user and the authorization code to a transaction station to facilitate an electronic fund transfer transaction.
0 Assignments
0 Petitions
Accused Products
Abstract
Electronic Credit Card (ECC) is an electronic device that enables transmission/reception of data and/or digital information to/from a host computer via a Terminal Station (TS). TS includes Teller Machines in supermarkets/shopping complex, Automatic Teller Machines (ATM), EFTPOS devices and proprietary transceiver devices developed by Creative On-Line Technologies Limited for PC interface. It provides latest financial information including balances on its display unit. Keypads (1) enable PIN (personal identification number) entries so that an ECC is operational. Information Display Unit (2) including an LCD (liquid crystal display) screen or other display screens provides visual information. ENTER key (3) confirms a transaction. It is also used to activate an ECC when a PIN is keyed. Audio Transducer (4) confirms entries made on keypads (1). Audio Transducer is also used to activate a financial transaction via a telephone. Data transmission/reception is via Infra red (5), Magnetic (6) and Radio Frequency (7) devices.
30 Citations
28 Claims
-
1. An electronic credit card comprising:
-
a user verifier for verifying a user'"'"'s identity;
a code generator for generating a unique authorization code when the user'"'"'s identity is verified;
a storage for storing the user'"'"'s account details for use in an electronic funds transfer transaction; and
a communicator for securely communicating the account details of the user and the authorization code to a transaction station to facilitate an electronic fund transfer transaction. - 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. An electronic credit card comprising:
-
a user verifier for verifying a user'"'"'s identity;
a code generator for generating a unique authorization code when the user'"'"'s identity is verified;
a storage for storing the user'"'"'s account details for use in an electronic funds transfer transaction;
a communicator for securely communicating the account details of the user and the authorization code to a transaction station for facilitation of an electronic fund transfer transaction; and
a timer for ending the verification of the identify of user after a period of time.
-
-
26. An electronic credit card comprising:
-
a user verifier for verifying a user'"'"'s identity;
a code generator for generating a unique authorization code when the user'"'"'s identity is verified;
a storage for storing the user'"'"'s account details for use in an electronic funds transfer transaction;
a communicator for securely communicating the account details of the user and the authorization code to a transaction station for facilitation of an electronic fund transfer transaction; and
a disabler for disabling further use of the electronic credit card.
-
-
27. An electronic fund transfer system comprising:
-
a transaction station; and
an electronic credit card comprising;
a user verifier for verifying an identity of a user, a code generator for generating an unique authorization code when the user'"'"'s identity is verified;
the unique authorization code acting as a proof of identity and as a unique transaction identifier;
a storage for storing the user'"'"'s account details for use in an electronic funds transfer transaction; and
a communicator for securely communicating the account details of the user and the authorization code to the transaction station for facilitation of an electronic funds transfer transaction;
wherein the transaction station is configured to conduct the electronic funds transfer according to the account details after it receives the unique authorization code;
wherein the transaction station uses the unique transaction identifier as or in an unique identifier of the transaction.
-
-
28. An electronic credit card comprising:
-
a user verification means for verifying a user'"'"'s identity;
a means for generating a unique authorization code when the user'"'"'s identity is verified;
a storage means for storing the user'"'"'s account details for use in an electronic funds transfer transaction; and
a communication means for securely communicating the account details of the user and the authorization code to a transaction station for facilitation of an electronic fund transfer transaction.
-
Specification