System and method for facilitating monetary transactions

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United States of America Patent

PATENT NO 7743980
SERIAL NO

10712206

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A system for facilitating transactions. In an example embodiment, the system includes a charging terminal capable of charging an account based on an account number. A scanner obtains biometric information. A first mechanism employs the biometric information to automatically provide an account number to the charging terminal. In a specific embodiment, the first mechanism includes a credit card or Automated Teller Machine terminal (ATM), and the account number includes a credit number or ATM number. The first mechanism automatically selects from among plural accounts based on the biometric information. A second mechanism enables a user to control which account number is selected via the biometric information. A third mechanism enables the user to prioritize plural accounts. The highest priority account is selected for automatic charging via the system. In an illustrative embodiment, a seventh mechanism automatically provides transaction information to the charging terminal. The seventh mechanism wirelessly interrogates product tags associated with products to be purchased and computes a total in response thereto and forwards the total to the charging terminal.

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Patent Owner(s)

Patent OwnerAddress
DE SYLVA ROBERT FRANCISNot Provided

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
de, Sylva Robert Francis 161 Ocean Park Blvd. #D 3 109

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