Optical payment transceiver and system using the same
First Claim
1. A card issuance method comprising the steps of:
- receiving from a customer an application for a card;
selecting by the customer of a designated portable terminal from a plurality of portable terminals owned by the customer, to which upon approval of the application of the charge number is to be sent;
determining that the applicant is the owner of the designated portable terminal;
producing card information including charge number and encrypting the produced card information;
transferring the encrypted card information to the designated portable terminal; and
storing the information in the portable terminal.
1 Assignment
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Accused Products
Abstract
An optical payment transceiver and an optical settlement system using the same uses a personal portable terminal incorporated with an optical transceiver as a card substitute payment unit for settlement. Here, card information is incorporated in a personal portable terminal incorporated with an optical transceiver such as a portable phone or a PDA and the optical transceiver is connected to a card inquiry machine to thereby optically transmit and receive card information. The card inquiry machine recognizes the received card information in the same manner as that of the card reader reading a magnetic card, and transmits the card information to a VAN company server or a card company server, to then request for an approval and settle transactions. The present invention is applied to most fields where financial transactions are performed as in a general commerce, a toll gate fee or tunnel passage fee collection system, a subway or bus fare levying system, a gas station, a department store, a drive-thru ordering system, a vending machine, and a fee payment system of kiosks. Also, the present invention can be applied to an entrance/exit security system requiring personal identification. Thus, the present invention can use a portable terminal as a payment unit without carrying a cash or cards, to thereby provide an effect of performing a safer and more reliable credit transaction.
84 Citations
13 Claims
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1. A card issuance method comprising the steps of:
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receiving from a customer an application for a card; selecting by the customer of a designated portable terminal from a plurality of portable terminals owned by the customer, to which upon approval of the application of the charge number is to be sent; determining that the applicant is the owner of the designated portable terminal; producing card information including charge number and encrypting the produced card information; transferring the encrypted card information to the designated portable terminal; and storing the information in the portable terminal. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A card issuance method, comprising:
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receiving at a card issuer a card issuance application filled in by a customer; selecting by the customer of a designated handheld phone number to which upon approval of the application a charge number is sent; receiving at the card issuer the designated phone number; determining that the applicant is the owner of the designated phone number; producing the charge number by the card issuer; transmitting the charge number to the customer handheld phone having the designated phone number; and storing the charge number in the handheld phone having the designated phone number. - View Dependent Claims (11, 12, 13)
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Specification