Method and system for conducting transactions using a payment card with account information encoded in bar code
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United States of America Patent
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N/A
Issued Date -
Dec 4, 2003
app pub date -
Jan 3, 2003
filing date -
Jan 4, 2002
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A system for conducting financial transactions is provided comprising: payment cards having stored account information in bar-coded format; and terminals each equipped with at least one optical bar code reader for reading the account information in bar-coded format, the terminals utilizing the account information for processing over a payment network and authorizing the financial transaction.
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