Method and apparatus for an integrated identity security and payment system
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Aug 7, 2007
Grant Date -
Jun 13, 2002
app pub date -
Dec 10, 2001
filing date -
Dec 9, 2000
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
An identity security system (10) that reduces the likelihood of identity theft and fraud includes a central system (12) and a portable wireless device (15). The central system (12) stores personal data of a party including information regarding one or more payment cards of the party, one or more bank accounts of the party, driver license data of the party, and/or other identification data of the party. The wireless device (15) electronically connects to the central system (12). With the present system, using the wireless device (15), the party can pay for a transaction using the one or more of the payment cards, cause funds to be transferred to or from the bank accounts and/or provide identifying data if necessary.
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