Point Of Sale Transaction Device With Magnetic Stripe Emulator And Biometric Authentication
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United States of America Patent
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Issued Date -
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app pub date -
Nov 20, 2007
filing date -
Jul 12, 2006
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A handheld unit which is capable of emulating a plurality of smartcards or magnetic stripe cards. The unit has the capability of storing a plurality of data sets representing a plurality of accounts. The unit is equipped with an RF interface that can emulate a smartcard interface that is capable of communicating with smartcard readers at POS or ATM terminals, or anywhere else a smartcard may be utilized. The unit is also equipped with a programmable magnetic strip such that it can be used anywhere a magnetic stripe card can be swiped or inserted. The unit is equipped with a biometric sensor to positively verify an authenticated user.
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