Portable electronic authorization devices and methods therefor
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Jun 29, 1999
Grant Date -
N/A
app pub date -
Dec 4, 1996
filing date -
Dec 4, 1996
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
A portable electronic authorization device for approving a transaction request originated from an electronic transaction system. The portable electronic authorization device includes first logic circuit configured to receive first digital data representative of the transaction request. There is further included second logic circuit configured to form second digital data responsive to the transaction request received by the first logic circuit if the transaction request is approved by a user of the portable electronic transaction device. The second digital data represents encrypted data signifying an approval by the user of the transaction request. Additionally, the portable electronic authorization device includes transmission circuitry coupled to the second logic circuit. The transmission circuitry is configured to transmit the second digital data from the portable electronic authorization apparatus to the electronic transaction system if the user approves the transaction request.
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