Cashless transactions without credit cards, debit cards or checks
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Jan 13, 2004
Grant Date -
N/A
app pub date -
Apr 26, 1999
filing date -
Apr 26, 1999
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
Cashless transactions are performed by transmitting information identifying a purchaser of a product without identifying a payment account for the purchaser. The transmitted identifying information is received at a central processing point and processed to determine if the purchaser is a registered purchaser. A notice confirming registration, which may take the form of a purchase authorization, is transmitted from the central processing point if the purchaser is determined to be registered. The transmitted notice is received at the point of purchase and a bill is generated for the purchased product responsive to receipt of the notice.
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