US Patent No: 7,058,603

Number of patents in Portfolio can not be more than 2000

Transaction system

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Importance

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Abstract

A transaction system includes a network of terminals and a network of servers each form separate communication networks for impersonal transaction and anonymous transmission. No reference to an individual person exists for executing card transactions at a point of sale. The terminals generate impersonal identifiers for a discrete card and user and the servers receive the impersonal identifiers for datafile matching to authorize a transaction at the point of sale for a discrete card and user. No personal identifiers are carried on the card to identify a cardholder, the card is impersonal.

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First Claim

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Patent Owner(s)

Patent OwnerAddressTotal Patents
NEXUS CORPORATION SA.GENEVA1

International Classification(s)

  • [Classification Symbol]
  • [Patents Count]

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Rhiando, Maxwell Earl Camberley, GB 3 26

Cited Art

Patent Info (Count) # Cites Year
 
DECISIONING.COM, INC. (2)
5,940,811 Closed loop financial transaction method and apparatus 366 1996
6,105,007 Automatic financial account processing system 335 1999
 
PITNEY BOWES INC. (1)
5,384,846 System and apparatus for controlled production of a secure identification card 105 1993
 
YT ACQUISITION CORPORATION (1)
5,613,012 Tokenless identification system for authorization of electronic transactions and electronic transmissions 534 1995
 
OTHER [CHECK PATENT PROFILE FOR ASSIGNMENT INFORMATION] (2)
4,338,025 Identification card, sensor, and system 24 1980
4,636,622 Card user identification system 55 1985

Patent Citation Ranking

Forward Cites

Patent Info (Count) # Cites Year
 
USA TECHNOLOGIES, INC. (6)
7,593,897 Wireless system for communicating cashless vending transaction data and vending machine audit data to remote locations 0 2002
7,865,430 Cashless transaction payment module 1 2002
7,630,939 System and method for locally authorizing cashless transactions at point of sale 1 2002
7,690,495 Card reader assembly 1 2002
7,693,602 Cashless vending transaction management by a vend assist mode of operation 1 2006
7,464,867 Cashless vending system with tethered payment interface 11 2006
 
STAMPS.COM INC. (3)
8,027,926 Secure and recoverable database for on-line value-bearing item system 0 2009
8,041,644 Cryptographic module for secure processing of value-bearing items 0 2010
8,301,572 Cryptographic module for secure processing of value-bearing items 0 2011
 
ADVANTAGE BRANCH & OFFICE SYSTEMS, LLC (1)
7,461,774 Customer interaction process and system 0 2005
 
ENTRUST, INC. (1)
8,230,486 Method and apparatus for providing mutual authentication between a sending unit and a recipient 2004
 
RICOH COMPANY, LTD. (1)
8,209,752 Imaging system and authentication method 0 2006

Maintenance Fees

Fee Large entity fee small entity fee micro entity fee due date
7.5 Year Payment $3600.00 $1800.00 $900.00 Dec 6, 2013
11.5 Year Payment $7400.00 $3700.00 $1850.00 Dec 6, 2017
Fee Large entity fee small entity fee micro entity fee
Surcharge - 7.5 year - Late payment within 6 months $160.00 $80.00 $40.00
Surcharge - 11.5 year - Late payment within 6 months $160.00 $80.00 $40.00
Surcharge after expiration - Late payment is unavoidable $700.00 $350.00 $175.00
Surcharge after expiration - Late payment is unintentional $1,640.00 $820.00 $410.00