
US Patent No: 6,064,988
Number of patents in Portfolio can not be more than 2000
Data processing system including transaction authorization device
Stats
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May 16, 2000
Issued date -
May 21, 1998
filing date -
09/082,496
serial no -
Expired
status
Importance
Abstract
A supersmart card system is provided for authorizing transactions between a transaction card user and a merchant. The supersmart card system includes a plurality of conventional transaction cards such as a debit cards, credit cards, or phone service cards, and a transaction authorization device. The transaction authorization device is user-carried and constructed to be separate and apart from the transaction card. The transaction authorization device includes logic means for storing data relating to the identity of the transaction card user and data relating to the authorization of transactions between a user and financial institutions or service providers. Preferably, the transaction authorization card also includes means enabling a user to select a particular transaction card for processing a transaction. The supersmart card system therein provides the simple to manufacture and use structure which reduces the potential for fraud arising from theft of a transaction card and which enables a user to carry about a single authorization device for authorizing transactions involving a large number of transaction cards and their corresponding financial institutions and service providers between a transaction card user and merchant.
First Claim
Related Publications
International Classification(s)
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Cited Art
| Patent Info | (Count) | # Cites | Year |
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