Apparatus and method for a wireless point of sale terminal

• US 9,684,893 B2
• Filed: 03/27/2013
• Issued: 06/20/2017
• Est. Priority Date: 06/30/2000
• Status: Expired due to Term

• Current Assignee: Sales Transaction Systems LLC (Internet Promise Group LLC)
• Original Assignee: Tara Chand Singhal
• Inventors: Singhal, Tara Chand
• Primary Examiner(s): Zeender, Ryan
• Assistant Examiner(s): Haider, Fawaad
• Application Number:
  US13/851,909
• Publication Number:
  US 20140297434A1
• Time in Patent Office: 1,546 Days
• Field of Search: 705 21
• CPC Class Codes: G06K 19/0723 the record carrier comprising an arrangement for non-contact communication, e.g. wireless communication circuits on transponder cards, non-contact smart cards or RFIDs
• CPC Class Codes: G06K 19/07749 the record carrier being capable of non-contact communication, e.g. constructional details of the antenna of a non-contact smart card
• CPC Class Codes: G06K 19/07773 Antenna details antennas for wireless devices, e.g. RFID tags, in general H01Q1/22
• CPC Class Codes: G06Q 20/027 involving a payment switch or gateway
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/1085 involving automatic teller machines [ATMs]
• CPC Class Codes: G06Q 20/202 Interconnection or interaction of plural electronic cash registers [ECR] or to host computer, e.g. network details, transfer of information from host to ECR or from ECR to ECR
• CPC Class Codes: G06Q 20/322 Aspects of commerce using mobile devices [M-devices]
• CPC Class Codes: G06Q 20/341 Active cards, i.e. cards including their own processing means, e.g. including an IC or chip
• CPC Class Codes: G06Q 20/401 Transaction verification

Abstract

A wireless point of sale (POS) transaction terminal, for acceptance of bankcard payment pursuant to a sales transaction has a mobile and portable wireless device that communicates wirelessly via a wireless communication network to a payment system. The wireless device wirelessly sends a payment authorization request record incident to a payment for a sales transaction to the payment system for forwarding via a gateway to a card authorization network. The wireless device then wirelessly receives from the payment system a payment approval record for the sales transaction.

Claims

1. A merchant point of sale (POS) transaction terminal, for acceptance of bankcard payment pursuant to a sales transaction, comprising:

a. the merchant POS transaction terminal is a mobile and portable wireless device with a built-in interface to a cellular wireless communication network that communicates wirelessly via the wireless communication network to a remote payment system;

b. the merchant POS transaction terminal receives input of a merchant identifier that identifies the merchant to the remote payment system, and wherein the merchant identifier identifies a retail establishment, and generates transaction specific data such as a transaction reference number, date and time, and a payment amount;

c. the merchant POS transaction terminal receives and accepts input of bankcard data from a customer with a customer identifier, for a payment by the bankcard for a sales transaction and assembles a payment authorization request record with the merchant identifier, the transaction specific data and the customer bankcard data and wirelessly transmits the payment authorization request record from the merchant POS transaction terminal for the payment for the sales transaction to the remote payment system for forwarding via a gateway to a card authorization network; and

d. the merchant POS transaction terminal then wirelessly receives from the remote payment system a payment approval record for the sales transaction.

2. The terminal as in claim 1, comprising:

the remote payment system verifies the contents of the payment authorization request record before forwarding to the card authorization network via the gateway.

3. The terminal as in claim 1, comprising:

the merchant POS transaction terminal has a keypad for input of data, a display for display of data and a bankcard data receiving slot.

4. The terminal as in claim 1, comprising:

the merchant POS transaction terminal has attached to it a printing device for printing a sales receipt for a payment approved sales transaction.

5. A method for a merchant point of sale (POS) transaction terminal, for acceptance of bankcard payment pursuant to a sales transaction, comprising the steps of:

a. providing the merchant POS transaction terminal with an embedded mobile and portable wireless device with a built-in interface to a cellular wireless communication network that communicates wirelessly via the wireless communication network to a remote payment system;

b. receiving by the merchant POS transaction terminal input of a merchant identifier that identifies the merchant to the remote payment system, and wherein identifying by the merchant identifier a retail establishment, and generating by the merchant POS transaction terminal transaction specific data such as a transaction reference number, date and time, and a payment amount;

c. receiving and accepting by the merchant POS transaction terminal input of bankcard data from a customer with a customer identifier for a payment by the bankcard for a sales transaction and assembling by the merchant POS transaction terminal a payment authorization request record with the merchant identifier, transaction specific data and the customer bankcard data and transmitting wirelessly by the merchant POS transaction terminal the payment authorization request record for the payment for the sales transaction to the remote payment system for forwarding via a gateway to a card authorization network; and

d. receiving wirelessly by the merchant POS transaction terminal from the remote payment system a payment approval record for the sales transaction.

6. The method as in claim 5, comprising the steps of:

verifying by the remote payment system the contents of the payment authorization request record before forwarding to the card authorization network via the gateway.

7. The method as in claim 5, comprising the steps of:

providing in the merchant POS transaction terminal a keypad for input of data, a display for display of data and a bankcard data receiving slot.

8. The method as in claim 5, comprising:

attaching to the merchant POS transaction terminal a printing device for printing a sales receipt for a payment approved sales transaction.