Merchant specific debit card verification system

• US 5,732,136 A
• Filed: 04/09/1997
• Issued: 03/24/1998
• Est. Priority Date: 01/31/1995
• Status: Expired due to Fees

• Current Assignee: Realsource Incorporated
• Original Assignee: Realsource Communications, Inc.
• Inventors: Murphree, David L., Speck, Leslie A.
• Primary Examiner(s): Gregory, Bernarr E.
• Application Number:
  US08/835,283
• Time in Patent Office: 349 Days
• Field of Search: 380/23, 380/24, 380/4, 380/9, 380/25, 380/49, 380/50, 380/59, 235/379, 235/380
• US Class Current: 705/77
• CPC Class Codes: G06Q 20/085 involving remote charge determination or related payment systems
• CPC Class Codes: G06Q 20/204 comprising interface for record bearing medium or carrier for electronic funds transfer or payment credit
• CPC Class Codes: G06Q 20/341 Active cards, i.e. cards including their own processing means, e.g. including an IC or chip
• CPC Class Codes: G06Q 20/342 Cards defining paid or billed services or quantities
• CPC Class Codes: G06Q 20/4097 using mutual authentication between devices and transaction partners
• CPC Class Codes: G07F 7/025 by means, e.g. cards, providing billing information at the time of purchase, e.g. identification of seller or purchaser, quantity of goods delivered or to be delivered
• CPC Class Codes: G07F 7/08 by coded identity card or credit card or other personal identification means without personal verification means G07F7/02
• CPC Class Codes: G07F 7/1008 Active credit-cards provided with means to personalise their use, e.g. with PIN-introduction/comparison system
• CPC Class Codes: G07F 7/12 Card verification
• CPC Class Codes: G07F 7/122 Online card verification

Abstract

A merchant specific debit card verification system which includes a debit card having at least one ID property stored thereon and a merchant'"'"'s terminal having at least one ID property stored thereon so that the ID property stored on the debit card relates to the ID properties stored on the merchant'"'"'s terminal in a predetermined manner. The merchant'"'"'s terminal retrieves the ID properties stored on the debit card so as to provide a retrieved ID property and then transmits to an intelligent network platform the retrieved ID property and the ID properties stored on the merchant'"'"'s terminal. The intelligent network platform matches the ID properties stored on the terminal with the retrieved ID property and then transmits a validation whereby the debit card may be used at the merchant'"'"'s terminal.

Claims

1. A method of making a transaction, the method comprising the steps of:

a. providing a debit card having at least one ID information stored thereon;

b. providing a terminal having at least one ID information stored thereon prior to the transaction wherein the ID information stored on the debit card relates to the ID information stored on the terminal in a predetermined manner;

c. retrieving via the terminal the ID information stored on the debit card so as to provide a retrieved ID information;

d. transmitting to a computer the retrieved ID information and the ID information stored on the terminal;

e. matching via the computer the ID information stored on the terminal with the retrieved ID information; and

f. transmitting via the computer a validation to the terminal.

2. The method of claim 1 wherein the ID information is selected from a group of ID information consisting of merchant ID, terminal ID and store ID.

3. A method of making a transaction, the method comprising the steps of:

a. providing a debit card having at least one encrypted ID information stored thereon;

b. providing a terminal having at least one ID information stored thereon wherein the ID information stored on the debit card relates to the ID information stored on the terminal in a predetermined manner;

c. retrieving via the terminal the encrypted ID information stored on the debit card so as to provide a retrieved encrypted ID information;

d. transmitting to a computer the retrieved encrypted ID information and the ID information stored on the terminal;

e. decrypting via the computer the retrieved encrypted ID information so as to provide a retrieved decrypted ID information;

f. matching via the computer the ID information stored on the terminal with the retrieved decrypted ID information; and

g. transmitting via the computer a validation to the terminal.

4. The method of claim 3 wherein the encrypted ID information is selected from a group of encrypted ID information consisting of merchant ID, terminal ID and store ID.

5. An apparatus of making a transaction, the apparatus comprising:

a debit card having at least one ID information stored thereon;

a terminal having at least one ID information stored thereon prior to the transaction wherein the ID information stored on the terminal relates to the ID information stored on the debit card in a predetermined manner;

card reader means communicating with the terminal for retrieving the ID information stored on the debit card;

computer means disposed remotely from the terminal for matching the ID information stored on the terminal with the ID information stored on the card to determine whether the transaction is valid; and

communication means for transmitting the ID information stored on the debit card and the ID information stored on the terminal to the computer means such that the ID information stored on the debit card and the ID information stored on the terminal can be matched by the computer means.

6. The apparatus of claim 5 wherein the ID information stored on the debit card is further defined as being selected from a group of ID information consisting of a merchant ID, a terminal ID and a store ID.

7. A method for making long distance telephone calls using a debit card verification system, the method comprising the steps of:

a. providing a debit card having at least one encrypted ID information stored thereon which is related to an ID information stored on a terminal in a predetermined manner;

b. providing a response unit;

c. connecting, via the response unit, to a computer;

d. transmitting, from the response unit, a destination telephone number and an account number to the computer;

e. checking, by the computer, the validity of the account number transmitted from the response unit;

f. generating a signal indicative of the validity or invalidity of the account number wherein upon the signal being indicative of an invalid account number the connection between the response unit and the computer is interrupted and upon the signal being indicative of a valid account number, dialing, by the computer, the destination telephone number transmitted by the response unit so that a telephone call is placed by an individual who is calling from the response unit.

8. The method of claim 7 wherein the encrypted ID information is selected from a group of encrypted ID information consisting of merchant ID, terminal ID and store ID.