Electronic payment method and system having several calculation units and electronic payment devices

• US 6,016,955 A
• Filed: 08/07/1997
• Issued: 01/25/2000
• Est. Priority Date: 05/12/1995
• Status: Expired due to Fees

• Current Assignee: Koninklijke KPN NV
• Original Assignee: Koninklijke KPN NV
• Inventors: De Rooij, Peter Jacobus Nicolaas, Hirschfeld, Rafael, Boly, Jean-Paul, Muller, Frank
• Primary Examiner(s): Le, Thien M.
• Assistant Examiner(s): Sherr, Daniel H.
• Application Number:
  US08/911,362
• Time in Patent Office: 901 Days
• Field of Search: 235/379, 235/492, 235/487, 902/11, 380/24
• US Class Current: 235/379
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/3572 Multiple accounts on card
• CPC Class Codes: G06Q 20/363 with the personal data of a user
• CPC Class Codes: G06Q 20/381 Currency conversion
• CPC Class Codes: G07F 7/0866 by active credit-cards adapted therefor G07F7/1008 takes precedence
• CPC Class Codes: G07F 7/0873 Details of the card reader
• CPC Class Codes: G07F 7/088 the card reader being part of the point of sale [POS] terminal or electronic cash register [ECR] itself

Abstract

A payment system for use with electronic payment devices. Electronic payment cards (e.g. "Smart Cards"), may be used with one or more payment stations (e.g. electronic cash registers). The payment stations are designed for receiving, during a payment transaction, a monetary value by crediting, in the payment station, a first value, and debiting, in the payment means, a second value corresponding to the first value. The first and second values may be expressed in different calculation units, such as currencies of different countries. The system furthermore offers a payment device for application in such a system, and a method for effecting a payment transaction with an electronic payment means.

Claims

1. A payment system comprising:

an electronic payment device including an internal memory for storing at least two balances, each balance having an associated number of a corresponding calculation unit and an associated conversion factor; and

a payment station for (1) receiving, during a payment transaction, a monetary value by crediting a first value, in the payment station, to a first balance representing a first number of a first calculation unit, and (2) debiting a second value corresponding to the first value, in the payment means, wherein a portion of the second value is debited from each of (2a) a second balance representing a second number of a first calculation unit and (2b) a third balance representing a third number of a second calculation unit.

2. The payment system according to claim 1, wherein the payment device further comprises a memory for storing, for each of the at least two balances, an associated priority, and

wherein the payment station selects the second and third balances to debit according to corresponding priorities of the second and third balances.

3. The payment system according to claim 1, wherein the payment device further comprises a calculation means for determining a total balance, expressed in one calculation unit, of the at least two balances.

4. The payment system according to claim 1, wherein the memory of the payment device storing the conversion factors comprises a reprogrammed memory for periodically updating the conversion factors.

5. The payment system according to claim 1, wherein the first and second calculation units comprise currencies of different countries.

6. The payment system according to claim 5, wherein one of the first and second calculation units is the Euro.

7. A payment system comprising:

an electronic payment device including an internal memory for storing at least two balances, each balance having an associated number of a corresponding calculation unit and an associated conversion factor; and

a payment station for (1) receiving, during a payment transaction, a monetary value by crediting a first value, in the payment station, to a first balance representing a first number of a first calculation unit, and (2) debiting a second value corresponding to the first value, in the payment means, wherein a portion of the second value is debited from each of (2a) a second balance representing a second number of a second calculation unit and (2b) a third balance representing a third number of a third calculation unit.

8. The payment system according to claim 7, wherein the payment device further comprises a memory for storing, for each of the at least two balances, an associated priority, and

wherein the payment station selects the second and third balances to debit according to corresponding priorities of the second and third balances.

9. The payment system according to claim 7, wherein the payment device further comprises a calculation means for determining a total balance, expressed in one calculation unit, of the at least two balances.

10. The payment system according to claim 7, wherein the memory of the payment device storing the conversion factors comprises a reprogrammable memory for periodically updating the conversion factors.

11. The payment system according to claim 7, wherein the first, second and third calculation units comprise currencies of different countries.

12. The payment system according to claim 11, wherein one of the first, second and third calculation unit is the Euro.

13. An electronic payment device comprising:

an integrated circuit including (1) a processor, (2) a memory, and (3) input and output circuitry, wherein the memory includes memory areas for storing two balances, each of the two balances including (2a) a corresponding number of a calculation unit and (2b) an associated conversion factor, wherein the processor and memory are configured to debit a value stored in the integrated circuit by debiting a cost of a transaction against a portion of each of the two balances when the two balances are stored in different calculation units; and

a substrate for mounting the integrated circuit.

14. The electronic payment device according to claim 13, wherein each of the two balances further comprises an associated priority according to which the transaction is debited.

15. The electronic payment device according to claim 13, wherein the processor and memory are further configured to determine, expressed in one calculation unit, a total balance of the two balances stored in the memory.