OPTICAL PAYMENT TRANSCEIVER AND SYSTEM USING THE SAME
First Claim
1. A method of programming a personal trusted device comprising:
- providing a microadapter device having a wireless transceiver and configured to communicate with a merchant;
communicating an identity signal from a user'"'"'s personal trusted device to the microadapter device;
communicating the identity signal from the microadapter device to a remote location;
communicating data from the remote location to the microadapter upon authenticating the identity signal; and
communicating the data from the microadapter to the wireless transceiver of the personal trusted device.
0 Assignments
0 Petitions
Accused Products
Abstract
An optical payment transceiver and an optical settlement system using the same uses a personal portable terminal incorporated with an optical transceiver as a card substitute payment unit for settlement. Here, card information is incorporated in a personal portable terminal incorporated with an optical transceiver such as a portable phone or a PDA and the optical transceiver is connected to a card inquiry machine to thereby optically transmit and receive card information. The card inquiry machine recognizes the received card information in the same manner as that of the card reader reading a magnetic card, and transmits the card information to a VAN company server or a card company server, to then request for an approval and settle transactions. The present invention is applied to most fields where financial transactions are performed as in a general commerce, a toll gate fee or tunnel passage fee collection system, a subway or bus fare levying system, a gas station, a department store, a drive-thru ordering system, a vending machine, and a fee payment system of kiosks. Also, the present invention can be applied to an entrance/exit security system requiring personal identification. Thus, the present invention can use a portable terminal as a payment unit without carrying a cash or cards, to thereby provide an effect of performing a safer and more reliable credit transaction.
-
Citations
25 Claims
-
1. A method of programming a personal trusted device comprising:
-
providing a microadapter device having a wireless transceiver and configured to communicate with a merchant;
communicating an identity signal from a user'"'"'s personal trusted device to the microadapter device;
communicating the identity signal from the microadapter device to a remote location;
communicating data from the remote location to the microadapter upon authenticating the identity signal; and
communicating the data from the microadapter to the wireless transceiver of the personal trusted device. - View Dependent Claims (2, 3, 4, 5)
-
-
6. A method for enhancing security in a payment settlement system using a portable terminal, the security enhancement method comprising the steps of:
-
inputting charge number information into the portable terminal and encrypting the charge number information using secret number;
wirelessly transmitting both the charge number information and the secret number from the portable terminal;
receiving the charge number information and the secret number and decrypting the charge number information using the received secret number; and
performing a settlement operation with the decrypted charge number information.
-
-
7. An automatic vending system comprising:
-
a payment unit for wirelessly transmitting charge card information;
an automatic vendor including a wireless transceiver for receiving the charge card information and recording particulars of products which are sold;
a storage device for storing the details of sales of the automatic vendor; and
a transmission terminal for transmitting the details of sales stored in the storage device. - View Dependent Claims (8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22)
-
-
23. A settlement system comprising:
-
a portable terminal for wirelessly transmitting charge number information;
an RF terminal including an optical transceiver receiving the charge number information from the portable terminal, levying fares and recording levied details; and
a transmission terminal connected to the RF terminal, for transmitting and settling the recorded levied details in package. - View Dependent Claims (24, 25)
-
Specification