Financial transaction approval system and method
First Claim
1. A method of processing a retail sales transaction, the method comprising:
- processing a plurality of items for purchase using a point-of-sale terminal, wherein;
the point-of-sale terminal is part of a transaction approval system at a point of sale in a retail store, wherein the transaction approval system further includes a financial transaction terminal in electrical communication with the point-of-sale terminal, and the financial transaction terminal includes a user interface separate from and facing in a different direction than a user interface of the point-of-sale terminal,processing the plurality of items for purchase includes using the point-of-sale terminal to determine associated price information for each item included in the plurality of items for purchase based on identifiers associated with the plurality of items for purchase,processing the plurality of items for purchase begins when information regarding an identifier of a first one of the plurality of items for purchase is entered into the point-of-sale terminal, andprocessing the plurality of items for purchase ends when information regarding the identifiers associated with all of the plurality of items for purchase has been entered into the point-of-sale terminal and all the associated price information for each item included in the plurality of items for purchase has been determined;
after processing the plurality of items begins and before processing the plurality of items for purchase ends, electronically receiving, via the financial transaction terminal, an identification of a financial account that will be used by a consumer to pay for the plurality of items for purchase;
after processing the plurality of items begins and before processing the plurality of items ends, visually indicating to the consumer via the user interface of the financial transaction terminal that a total cost of the plurality of items for purchase has not yet been determined while simultaneously presenting an opportunity to the consumer via the user interface of the financial transaction terminal to provide approval to charge the total cost, once determined, of all of the plurality of items to the financial account; and
after processing the plurality of items for purchase ends and after electronically receiving the identification of the financial account, determining the total cost of the plurality of items for purchase using the point-of-sale terminal.
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Accused Products
Abstract
A method of processing a retail transaction includes processing a plurality of items for purchase using a point-of-sale terminal, which is part of a transaction approval system at a point of sale in a retail store. Processing the plurality of items includes using the point-of-sale terminal to determine associated price information for each item. Processing the plurality of items begins when information regarding an identifier of a first one of the plurality of items is entered into the point-of-sale terminal and ends when the information regarding the identifiers associated with all of the plurality of items has been entered into the point-of-sale terminal. The method further includes, before processing the plurality of items ends, electronically receiving an identification of a financial account to pay for the plurality of items, and after electronically receiving the identification of the financial account, determining a total cost of the plurality of items.
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Citations
23 Claims
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1. A method of processing a retail sales transaction, the method comprising:
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processing a plurality of items for purchase using a point-of-sale terminal, wherein; the point-of-sale terminal is part of a transaction approval system at a point of sale in a retail store, wherein the transaction approval system further includes a financial transaction terminal in electrical communication with the point-of-sale terminal, and the financial transaction terminal includes a user interface separate from and facing in a different direction than a user interface of the point-of-sale terminal, processing the plurality of items for purchase includes using the point-of-sale terminal to determine associated price information for each item included in the plurality of items for purchase based on identifiers associated with the plurality of items for purchase, processing the plurality of items for purchase begins when information regarding an identifier of a first one of the plurality of items for purchase is entered into the point-of-sale terminal, and processing the plurality of items for purchase ends when information regarding the identifiers associated with all of the plurality of items for purchase has been entered into the point-of-sale terminal and all the associated price information for each item included in the plurality of items for purchase has been determined; after processing the plurality of items begins and before processing the plurality of items for purchase ends, electronically receiving, via the financial transaction terminal, an identification of a financial account that will be used by a consumer to pay for the plurality of items for purchase; after processing the plurality of items begins and before processing the plurality of items ends, visually indicating to the consumer via the user interface of the financial transaction terminal that a total cost of the plurality of items for purchase has not yet been determined while simultaneously presenting an opportunity to the consumer via the user interface of the financial transaction terminal to provide approval to charge the total cost, once determined, of all of the plurality of items to the financial account; and after processing the plurality of items for purchase ends and after electronically receiving the identification of the financial account, determining the total cost of the plurality of items for purchase using the point-of-sale terminal. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 20, 21, 22)
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14. A method of performing a retail sales transaction using a transaction approval system including a point-of-sale terminal and a financial transaction terminal, the method comprising steps performed in the following order:
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using the point-of-sale terminal to determine an identity of a first one of a plurality of goods being purchased by a consumer based on a product code of the first one of the plurality of goods to begin the retail sales transaction; receiving a financial transaction card from the consumer via the financial transaction terminal, wherein the financial transaction card includes identification of a financial account; visually indicating to the consumer via the financial transaction terminal that a total price for all of the plurality of goods being purchased by the consumer has not yet been determined while simultaneously presenting an opportunity to the consumer via the financial transaction terminal to provide approval to charge the total price, once determined, for all of the plurality of goods being purchased by the consumer to the financial account; determining the total price for all of the plurality of goods being purchased by the consumer; and charging the total price of all the plurality of goods to the financial account. - View Dependent Claims (15, 16, 17, 18)
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19. A method of processing a retail sales transaction in a retail store, the method comprising:
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processing a plurality of items for purchase using a point-of-sale terminal including identifying and determining associated price information for each item included in the plurality of items for purchase, wherein processing the plurality of items begins by identifying and determining price information for a first one of the plurality of items for purchase using a code on the first one of the plurality of items and is completed when a total price of all the plurality of items for purchase is determined; after beginning and before completing processing the plurality of items for purchase, receiving a financial transaction card including determining an identification of a financial account that will be used by a consumer to pay for the plurality of items for purchase, wherein; the identification is electronically received via a financial transaction terminal coupled with the point-of-sale terminal, and the identification is electronically received substantially free from intervention by an employee of the retail store; after receiving the financial transaction card and before completing processing the plurality of items for purchase visually indicating to the consumer via the financial transaction terminal that the total price of the plurality of items for purchase has not yet been determined while simultaneously presenting an opportunity to the consumer via the financial transaction terminal to provide approval to charge the total price, once determined, of all of the plurality of items for purchase to the financial account; after completing processing of the plurality of items for purchase and receiving the financial transaction card, determining the total price of the plurality of items for purchase; and charging the total price of the plurality of items for purchase to the financial account. - View Dependent Claims (23)
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Specification