Authorization system and method

• US 8,020,756 B2
• Filed: 07/28/2006
• Issued: 09/20/2011
• Est. Priority Date: 07/28/2006
• Status: Active Grant

• Current Assignee: Fidelity Information Services, LLC (Fidelity National Information Services Incorporated)
• Original Assignee: Metavante Corporation (Fidelity National Information Services Incorporated)
• Inventors: Lindsey, Jimmie L., Brown, Steven T.
• Primary Examiner(s): Frech; Karl D.
• Application Number:
  US11/494,958
• Publication Number:
  US 20080046747A1
• Time in Patent Office: 1,880 Days
• Field of Search: 235/472.01, 235/472.02, 235/472.03, 235/379
• US Class Current: 235/379
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/327 Short range or proximity payments by means of M-devices
• CPC Class Codes: G06Q 20/346 Cards serving only as information carrier of service
• 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 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G07F 7/1008 Active credit-cards provided with means to personalise their use, e.g. with PIN-introduction/comparison system

Abstract

A system including a device having a screen and a memory to hold card data necessary to complete POS/ATM transactions. The device has an authorization, signature, PIN button and scroll wheel. Branding areas allow distributors to leverage space on the device. When the merchandise has been processed and ready to be paid for, the device holder either places their device in a docking station or holds it in front of a contact less reader. When the merchant is ready for authorization, the holder presses transmits the data to a register so the merchant can send the data through the card network for authorization. Once the transaction is authorized, the merchant requests the signature, fingerprint, and/or photo of the holder, which can be displayed, on the register to authenticate the holder. Upon completion, the transaction information is transmitted back to the device for storage and retrieval at a later date.

Claims

1. A device that allows a device holder to participate in a purchase process, the device comprising:

a memory on the device that stores account data and captures purchase history information including at least one of SKUs and UPCs;

a transmitter on the device for sending the account data to a Point of Sale device to complete a purchase;

an authorization button that prevents the device from transmitting the account data to the Point of Sale device unless initiated by the device holder; and

an authentication system that provides verification of ownership of at least one account associated with the account data.

2. The device of claim 1, and further comprising a housing capable of attaching to a key chain, the housing including an LCD screen.

3. The device of claim 2, and further comprising the authorization button to authorize the purchase and transmit the account data to the Point of Sale device;

a signature button to send digital images to the other device for confirmation of the device holder'"'"'s identity; and

a scroll wheel that allows the holder to scroll through options on the LCD screen.

4. The device of claim 3, wherein the digital images include at least one of identification photographs and passport images.

5. The device of claim 1, wherein the memory additionally stores at least one of digital images unique to the holder, shopping lists, coupons, and check images.

6. The device of claim 1, wherein the authentication system is a two-factor authentication system that includes at least one of a PIN and a digital image unique to the device holder.

7. The device of claim 1, and further comprising one of a portable PC, a BlackBerry, a cell phone, a palm pilot, and an iPod.

8. The device of claim 1, wherein the account data includes an image of a check and the device increments a check number when the transmitter sends the check to the other device.

9. The device of claim 8 and further comprising a button to superimpose a digital signature of the device holder on the check image.

10. The device of claim 8 and further comprising a port to connect the device to a computer for at least one of downloading a transaction history, uploading coupons, uploading shopping lists, and downloading check images.

11. A method of authorizing a transaction, the method comprising the steps of

selecting an item for purchase at a merchant;

initiating a transaction for purchase of the item at a checkout register by one of placing an authorization device in a docking station connected to the checkout register and holding the authorization device in front of a contact-less reader connected to the checkout register;

authorizing the transaction by pressing an authorization button on the authorization device to transmit data to the checkout register;

upon request of at least one of a signature and a photo of a device holder, pressing a signature button on the authorization device to display at least one of the signature and the photo on the register for authentication;

receiving merchandise information on the authorization device for storage and retrieval at a later date; and

completing the transaction.

12. The method of claim 11, and further comprising selecting a check on the authorization device;

storing the check in a device memory for replacement document certification;

populating check fields on the check;

pressing a button to superimpose a signature on the check;

transmitting the check to the merchant; and

incrementing to a next available check number.