SYSTEM AND METHOD FOR PROCESSING FINANCIAL TRANSACTIONS
First Claim
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1. A method for processing transactions comprising the steps of:
- transmitting a signal to one of a plurality of point-of-sale devices, said signal comprising customer identification data;
transmitting an authorization request from one of said plurality of point-of-sale devices to a transaction processing system, said authorization request comprising a merchant identifier, transaction data, and said customer identification data;
determining, from said customer identification data, a payment processor that corresponds to said merchant identifier;
transmitting said authorization request to said payment processor; and
transmitting to one of said plurality of point-of-sale devices said payment processor'"'"'s response to said authorization request.
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Abstract
A network for processing retail sales transactions includes a customer transceiver with a unique customer number, a reader receiving the customer number and sending it to a point-of-sale device where it is combined with transaction information to form a transaction entry. The transaction entry is sent through a merchant computer to a transaction processing system having a customer database. The transaction processing system references an entry in the customer database corresponding to the customer/transmitter ID number and routes the transaction entry to a payment processing system specified in the customer database entry.
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Citations
50 Claims
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1. A method for processing transactions comprising the steps of:
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transmitting a signal to one of a plurality of point-of-sale devices, said signal comprising customer identification data; transmitting an authorization request from one of said plurality of point-of-sale devices to a transaction processing system, said authorization request comprising a merchant identifier, transaction data, and said customer identification data; determining, from said customer identification data, a payment processor that corresponds to said merchant identifier; transmitting said authorization request to said payment processor; and transmitting to one of said plurality of point-of-sale devices said payment processor'"'"'s response to said authorization request. - View Dependent Claims (2)
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3. A method for processing transactions comprising the steps of:
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receiving a signal at a point-of-sale device, said signal comprising customer identification data; transmitting an authorization request from said point-of-sale device to a transaction processing system, said authorization request comprising a merchant identifier, transaction data, and said customer identification data; and receiving a response to said authorization request from said transaction processing system. - View Dependent Claims (4)
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5. A method for collecting consumer purchasing trend information in a transaction system said method comprising the computer-implemented steps of:
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transmitting a signal to one of a plurality of point-of-sale devices, said signal comprising customer identification data; transmitting an authorization request from one of said plurality of point-of-sale devices to said transaction processing system, said authorization request comprising a merchant identifier, transaction data, and said customer identification data; and updating a database with said transaction data and said customer identification data. - View Dependent Claims (6, 7, 8)
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9. A method of monitoring customer progress in a merchant award program, comprising the steps of:
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transmitting a signal to one of a plurality of point-of-sale devices, said signal comprising customer identification data; transmitting an authorization request from one of said plurality of point-of-sale devices to a transaction processing system, said authorization request comprising a merchant identifier, said transaction data, and said customer identification data; and crediting a customer account in a database with loyalty points indicative of said transaction data. - View Dependent Claims (10, 11, 12)
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13. A method for processing transactions comprising the steps of:
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means for transmitting a signal to one of a plurality of point-of-sale devices, said signal comprising customer identification data; means for transmitting an authorization request from one of said plurality of point-of-sale devices to a transaction processing system, said authorization request comprising a merchant identifier, transaction data, and said customer identification data; means for determining, from said customer identification data, a payment processor that corresponds to said merchant identifier; means for transmitting said authorization request to said payment processor; and means for transmitting to said one of a plurality of point-of-sale devices a response from said payment processor.
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14. A method of identifying a customer for the purpose of delivering personal services to the customer, comprising the steps of:
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transmitting a signal over a wireless transmission medium to a merchant transceiver co-located with an attendant, said signal comprising customer identification data; determining, from said customer identification data, a personal service that corresponds to said customer identification data; and providing said personal service to said customer by the attendant. - View Dependent Claims (15)
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16. A computer-readable medium containing instructions for processing transactions comprising the steps of:
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transmitting a signal to one of a plurality of point-of-sale devices, said signal comprising customer identification data; transmitting an authorization request from one of said plurality of point-of-sale devices to a transaction processing system, said authorization request comprising a merchant identifier, transaction data, and said customer identification data; determining, from said customer identification data, a payment processor that corresponds to said merchant identifier; transmitting said authorization request to said payment processor; and transmitting to one of said plurality of point-of-sale devices, said payment processor'"'"'s response to said authorization request. - View Dependent Claims (17)
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18. A computer-readable medium containing instructions for processing transactions comprising the steps of:
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receiving a signal at a point-of-sale device, said signal comprising customer identification data; transmitting an authorization request from said point-of-sale device to a transaction processing system, said authorization request comprising a merchant identifier, transaction data, and said customer identification data; and receiving a response from said payment processor. - View Dependent Claims (19)
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20. A computer-readable medium containing instructions for collecting consumer purchasing trend information in a transaction system, said method comprising the computer-implemented steps of:
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transmitting a signal to one of a plurality of point-of-sale devices, said signal comprising customer identification data; transmitting an authorization request from one of said plurality of point-of-sale devices to said transaction processing system, said authorization request comprising a merchant identifier, transaction data, and said customer identification data; and updating a database with said transaction data and said customer identification data. - View Dependent Claims (21, 22, 23)
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24. A computer-readable medium containing instructions for monitoring customer progress in a merchant award program, comprising the steps of:
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transmitting a signal to one of a plurality of point-of-sale devices, said signal comprising customer identification data; transmitting an authorization request from one of said plurality of point-of-sale devices to a transaction processing system, said authorization request comprising a merchant identifier, said transaction data, and said customer identification data; and crediting a customer account in a database with loyalty points indicative of said transaction data. - View Dependent Claims (25, 26, 27)
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28. A system for processing transactions, comprising:
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a customer transceiver; a merchant transceiver comprised of a transceiver antenna for providing operating power to said customer transceiver and for exchanging information with said customer transceiver when said customer transceiver is placed in close proximity to said merchant transceiver; a point-of-sale device processor, coupled to said merchant transceiver, for capturing transaction data, combining the transaction data with a received customer/transmitter ID number and a merchant identifier to form an authorization request, and transmitting the authorization request to a transaction processing system; and a transaction processing system comprising; a memory having program instructions; and a-processor configured to use said program instructions to; receive said authorization request;
determine, from said customer identification data, a payment processor that corresponds to said merchant identifier;
transmit said authorization request to said payment processor for authorization; and
transmit to one of said plurality of point-of-sale devices, said payment processor'"'"'s response to said authorization request. - View Dependent Claims (29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50)
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Specification