Apparatus and method for providing account security

CAFC
  • US 6,047,270 A
  • Filed: 08/25/1997
  • Issued: 04/04/2000
  • Est. Priority Date: 08/08/1996
  • Status: Expired due to Term
First Claim
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1. An apparatus for providing account security, comprising:

  • a receiver for receiving one of a limitation and a restriction on usage of an electronic money account, wherein said one of a limitation and a restriction are received from an account holder;

    a memory device for storing said one of a limitation and a restriction; and

    a processor for processing a transaction on the electronic money account in conjunction with said one of a limitation and a restriction,wherein said processor generates a first signal, and further wherein said first signal contains information for one of approving and disapproving the transaction.

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