SYSTEM AND METHOD FOR A SECURE TRANSACTION MODULE
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United States of America Patent
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Issued Date -
Oct 10, 2013
app pub date -
Mar 11, 2013
filing date -
Sep 20, 2004
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Abstract
A secure electronic payment transaction system includes a Secure Transaction Module (STM) and a host device. The STM includes hardware and software components that meet the security requirements of the payment card industry and provide secure payment transactions utilizing banking cards. The host device includes a communication modem for connecting to financial institutions via a network connection. The STM connects to the host device via an interface and communicates with the financial institutions via the host device's communication modem. The STM is self-sufficient and can be connected to any host device over any interface.
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