Electronic wallet or purse with means for funds transfer
First Claim
1. An electronic money storage and transfer system wherein at least electronic money is transferable between a centralized repository of money containing at least one financial account accessible by an account identification number and a portable electronic wallet, said wallet being independently connectable to other money storage and electronic money transfer devices so that electronic money may be transferred between said portable electronic wallet and said other money storage and electronic money transfer devices, said system comprising:
- means, in a financial institution, for electronically transferring said electronic money between said financial institution and said portable electronic wallet, said portable electronic wallet comprising;
a first set of memory locations for storing said account identification number,a second set of memory locations for storing said electronic money transferred from said financial institution to said portable electronic wallet,a modem incorporated in said portable electronic wallet for accessing said financial account in said financial institution, and utilizing said account identification number stored in said first memory locations for storing said account identification number to transfer a selected quantity of said electronic money from said financial account in said financial institution into said second set of memory locations of said portable electronic wallet,a telecommunications receptacle for receiving a telecommunications plug for connecting said portable electronic wallet directly to said other electronic money storage and electronic money transfer devices and transferring said electronic money therebetween without connection to said financial institution, andinterface means for interfacing with said first set of memory locations, said second set of memory locations, and said means for connecting said portable electronic wallet to said other electronic storage and electronic money transfer devices.
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Accused Products
Abstract
An electronic money storage and transfer system wherein at least electronic money is transferable between a centralized repository of money containing at least one financial account accessible by an account identification number. The portable electronic wallet including a dedicated modem for accessing the financial account in the financial institution and a telecommunications receptacle for receiving a telecommunications plug for connecting the portable electronic wallet to the other electronic money storage and a plurality of portable electronic money transfer devices.
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Citations
20 Claims
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1. An electronic money storage and transfer system wherein at least electronic money is transferable between a centralized repository of money containing at least one financial account accessible by an account identification number and a portable electronic wallet, said wallet being independently connectable to other money storage and electronic money transfer devices so that electronic money may be transferred between said portable electronic wallet and said other money storage and electronic money transfer devices, said system comprising:
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means, in a financial institution, for electronically transferring said electronic money between said financial institution and said portable electronic wallet, said portable electronic wallet comprising; a first set of memory locations for storing said account identification number, a second set of memory locations for storing said electronic money transferred from said financial institution to said portable electronic wallet, a modem incorporated in said portable electronic wallet for accessing said financial account in said financial institution, and utilizing said account identification number stored in said first memory locations for storing said account identification number to transfer a selected quantity of said electronic money from said financial account in said financial institution into said second set of memory locations of said portable electronic wallet, a telecommunications receptacle for receiving a telecommunications plug for connecting said portable electronic wallet directly to said other electronic money storage and electronic money transfer devices and transferring said electronic money therebetween without connection to said financial institution, and interface means for interfacing with said first set of memory locations, said second set of memory locations, and said means for connecting said portable electronic wallet to said other electronic storage and electronic money transfer devices. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. A battery powered electronic wallet conveniently sized for carrying in a pocket, said electronic wallet enabling transfer of money transactions as a stand-alone financial entity without connection to a financial institution, said electronic wallet comprising:
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an electronic microcomputer further comprising a plurality of program memory locations for storing a computer program containing computer instructions for conducting a plurality of types of electronic money transactions, a first plurality of erasable programmable memory locations for storing a selected quantity of electronic money transferred from said financial institution, a second plurality of erasable programmable memory locations for storing at least one account number of a financial account in said financial institution, said financial account accessible by said electronic wallet, a modem responsive to said microcomputer for connecting said electronic wallet to a communications device, a liquid crystal display responsive to said microcomputer for displaying at least information related to said electronic money transactions, a keypad for allowing interface with said microcomputer, telephone line interface circuitry, including a hook switch, for enabling connection to a telephone line, said interface circuitry further comprising a current regulator, voltage regulator, and bridge rectifier for utilizing power from said telephone line when said electronic wallet is coupled to said telephone line, security means requiring an access key code to gain access to all electronic money and account access functions, means for telephonically coupling said electronic wallet, independently of said financial institution, directly to other electronic devices capable of exchanging electronic money, whereby a user of said electronic wallet may transfer said selected quantity of electronic money to said electronic wallet from said financial institution and thereafter use stored said selected quantity of electronic money in said electronic wallet to make purchases and otherwise transfer money without connection to said financial institution. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20)
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Specification