×

Personal universal identity card system for failsafe interactive financial transactions

DC
  • US 4,707,592 A
  • Filed: 10/07/1985
  • Issued: 11/17/1987
  • Est. Priority Date: 10/07/1985
  • Status: Expired due to Term
First Claim
Patent Images

1. A financial and identification card transaction system for protecting transactions between a plurality of cardholders, each having a card, with a machine-readable code imprinted thereon and a card-issuing organization via at least one transaction site connected by a data channel with a remote transaction center, the system which comprises:

  • a card reader disposed at the transaction site for reading the machine-readable code imprinted on the card, the machine readable code including a cardholder code that is unique to each cardholder;

    a transaction number that uniquely identifies each transaction;

    a transaction number store included with the card reader for receiving and storing the transaction number from the transaction center;

    a transaction data input device connected to the card reader for receiving transaction data;

    a printer connected to the card reader for printing a transaction ticket which includes the transaction number;

    a center computer disposed at the transaction center having memory for storing transaction data received from the card reader via the data channel;

    a transaction number generator included with the center computer for generating the transaction number.

View all claims
  • 2 Assignments
Timeline View
Assignment View
    ×
    ×