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Proximity transaction apparatus and methods of use thereof

  • US 8,407,097 B2
  • Filed: 04/15/2004
  • Issued: 03/26/2013
  • Est. Priority Date: 04/15/2004
  • Status: Active Grant
First Claim
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1. A terminal for conducting an ad libitum financial transaction intermediated by a radio frequency payment token, said terminal comprising:

  • a radio frequency reader, said reader configured to read, in an arbitrary order, said radio frequency payment token and one or more RFID tags, said one or more RFID tags attached to one or more articles being purchased in said ad libitum financial transaction, said radio frequency payment token presented as a payment medium for said ad libitum financial transaction, said radio frequency reader devoid of a capability to stimulate a reader employing reader technology other than radio frequency; and

    an output device for confirming that said financial transaction is being performed.

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