Method and apparatus for credit card processing via facsimile

• US 6,853,984 B1
• Filed: 04/08/1997
• Issued: 02/08/2005
• Est. Priority Date: 04/08/1997
• Status: Expired due to Term

• Current Assignee: Propay USA Incorporated
• Original Assignee: Propay USA Incorporated
• Inventors: Wilkes, W. Bradley
• Primary Examiner(s): Millin, V.
• Assistant Examiner(s): Kyle, Charles R.
• Application Number:
  US08/835,404
• Time in Patent Office: 2,863 Days
• Field of Search: 705/44, 705/26, 705/35, 705/38, 705/39, 705/42
• US Class Current: 705/44
• CPC Class Codes: G06K 17/00 Methods or arrangements for effecting co-operative working between equipments covered by two or more of main groups G06K1/00 - G06K15/00, e.g. automatic card files incorporating conveying and reading operations
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/108 Remote banking, e.g. home banking
• CPC Class Codes: G06Q 20/24 Credit schemes, i.e. "pay after"
• CPC Class Codes: G06Q 20/305 using wired telephone networks
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: H04N 1/00326 with a data reading, recognizing or recording apparatus, e.g. with a bar-code apparatus arrangements for the associated working of recording or reproducing apparatus with related apparatus G11B31/00
• CPC Class Codes: H04N 1/00331 with an apparatus performing optical character recognition character recognition G06V30/10
• CPC Class Codes: H04N 2201/0093 Facsimile machine H04N2201/0094 takes precedence

Abstract

A method and apparatus for making credit card transactions which includes utilizing a facsimile machine for transmitting credit card information and purchase amount to an information processing center. The information processing center receives and converts the received information into an electronic format, and then accesses credit card account information via the Internet. A final disposition of the purchase is then transmitted to the merchant via facsimile which is either approval or disapproval of the transaction.

Claims

1. A method for making a credit card transaction utilizing a facsimile machine to transmit information to a credit card processing center, and thereby enable a small volume of credit card transactions to be affordable, said method comprising the steps of:

(1) imprinting information relevant to the credit card transaction on a transmittal form;

(2) transmitting the information on the transmittal form from a first facsimile transmission/reception capable machine to a second facsimile transmission/reception capable machine at a first processing location;

(3) converting the information on the transmittal form to an electronic format which is suitable for delivery to a credit card processing information center;

(4) accessing the credit card processing information center and transmitting the electronic format of the information thereto for determination of whether the credit card transaction is allowable;

(5) receiving an approval status from the credit card processing information center at the first processing center; and

(6) transmitting the approval status of the credit card transaction to the first facsimile transmission/reception capable machine.

2. The method as defined in claim 1 wherein the method further comprises the step of placing a purchase amount and a credit card number for identifying a credit card account on the transmittal form.

3. The method as defined in claim 1 wherein the method further comprises the step of confirming receipt of the information by transmitting a received message from the second facsimile machine to the first facsimile machine.

4. The method as defined in claim 1 wherein the method further comprises the step of utilizing optical character recognition software to convert the information placed on the transmittal form to the electronic format.

5. The method as defined in claim 4 wherein the method further comprises the step of utilizing optical character recognition hardware to convert the information placed on the transmittal form to the electronic format.

6. The method as defined in claim 5 wherein the method further comprises the step of transmitting an error message from the second facsimile machine to the first facsimile machine if not all required information was received.

7. The method as defined in claim 6 wherein the method further comprises the step of identifying a source of error for all of the required information not being received, and then transmitting an error message from the second facsimile machine to the first facsimile machine which identifies the source of error.

8. The method as defined in claim 5 wherein the step of converting the information placed on the transmittal form to the electronic format further comprises the step of digitizing the information.

9. The method as defined in claim 1 wherein the method further comprises the step of encoding the electronic format of the information which is suitable for delivery to a credit card processing information center.

10. The method as defined in claim 1 wherein the method further comprises the step of accessing the credit card processing information center via the Internet.

11. The method as defined in claim 10 wherein the method further comprises the step of encapsulating the electronic format of the information, which is suitable for delivery to the credit card processing information center, within at least one packet of information which is suitable for delivery via the Internet.

12. The method as defined in claim 11 wherein the method further comprises the step of utilizing an Internet protocol for communicating with the credit card processing information center.

13. The method as defined in claim 1 wherein the method further comprises the step of accessing the credit card processing information center via a dedicated access line.

14. The method as defined in claim 1 wherein the method further comprises the step of accessing the first processing center via a call to a toll free number to thereby decrease a total cost of the credit card transaction while minimizing long distance telephone fees charged to the toll free number.

15. The method as defined in claim 1 wherein the method further comprises the steps of:

(1) receiving a positive or a negative approval status for the credit card transaction from the credit card processing information center at the first processing center; and

(2) transmitting the positive or the negative status to the first facsimile machine from the second facsimile machine.

16. The method as defined in claim 1 wherein the method further comprises the step of charging a fee for accessing the first processing center, and for accessing the credit card processing information center, regardless of a positive or a negative approval status of the credit card transaction.

17. The method as defined in claim 1 wherein the method further comprises the step of writing by hand or typing the information on the transmittal form, and wherein the transmittal form has designated areas for specific types of information required to approve the credit card transaction process.

18. The method as defined in claim 1 wherein the method further comprises the step of including product information on the transmittal form, to thereby enable a specific product to be identified as a subject of the credit card transaction, and to enable purchasing of the specific product after approval of the credit card transaction.

19. A system for making a credit card transaction utilizing a facsimile machine to transmit information to a credit card processing center, and thereby enable a small volume of credit card transactions to be affordable, said system comprising:

means for having recorded thereon information relevant to the credit card transaction at a transaction location;

means for transmitting the information from the transaction location to a first processing location;

means for receiving the information at the first processing location;

means for converting the information to an electronic format which is suitable for delivery to a credit card processing information center; and

means for accessing the credit card processing information center and transmitting the electronic format of the information thereto for determination of whether the credit card transaction can be approved, and for receiving an approval status from the credit card processing information center at the first processing center.

20. The system as defined in claim 19 wherein the means for converting the information to an electronic format which is suitable for delivery to a credit card processing information center is comprised of optical character recognition software running on a general purpose computer.

21. The system as defined in claim 19 wherein the means for accessing the credit card processing information center and transmitting the electronic format of the information thereto, and for receiving an approval status from the credit card processing information center is comprised of a general purpose computer which has an Internet access connection, and wherein the general purpose computer is capable of executing Internet protocols which enable it to communicate bi-directionally with the credit card processing information center.

22. The system as defined in claim 19 wherein the means for having recorded thereon information relevant to the credit card transaction at a transaction location is comprised of a general purpose computer which is capable of transmitting facsimile information which is stored as digital information within the general purpose computer.