Transaction security apparatus and method
Number of patents in Portfolio can not be more than 2000
United States of America Patent
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N/A
Issued Date -
Aug 4, 2005
app pub date -
Mar 28, 2005
filing date -
Aug 8, 1996
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A transaction security apparatus and method, including a receiver which receives a limitation or restriction on an account usage, wherein the limitation or restriction on an account usage is received in real-time from a communication device associated with an individual account holder, a memory device for storing the limitation or restriction on an account usage, and a processing device for processing a transaction on an account or an authorization request in conjunction with the limitation or restriction on an account usage. The processing device generates a signal, wherein the signal contains information for authorizing or disallowing the transaction.
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