Magnetic stripe reader with signature scanner
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Jun 20, 2000
Grant Date -
N/A
app pub date -
Apr 6, 1998
filing date -
Apr 10, 1997
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
A magnetic stripe reader having an integrated signature scanner and electronic transaction system employing the same provide for simultaneous reading of magnetically encoded data and scanning of an authorized signature typically located above the magnetic stripe located on credit cards or other data cards, thus allowing a merchant or other operator to quickly and discretely compare a tendered signature with the authorized signature. In this manner, the signature may be verified without the need for physical retention of the card until a visual comparison of the signature can be made with the authorized signature on the card.
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Cited Art Landscape
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