Point of sale method and system
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Jan 11, 2000
Grant Date -
N/A
app pub date -
May 6, 1997
filing date -
May 6, 1997
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
A method for providing point-of-sale (POS) payment using interactive television (ITV) or the world wide web (WWW) by directly debiting a customer's bank account through electronic transfer of funds or by billing a customer's credit card account. The customer places an order for products or services on his ITV station, or through the WWW from his personal computer, and can make POS payment either by authorizing direct debit from his bank account or by authorizing a charge to his credit card account. The customer's debit and credit account information is collected by swiping the customer's debit or credit card through a magnetic stripe reader at the customer's location at the moment of sale.
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