Wallet consolidator and related methods of processing a transaction using a wallet consolidator
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Mar 25, 2008
Grant Date -
Nov 29, 2001
app pub date -
Aug 6, 2001
filing date -
May 29, 1998
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
A wallet consolidator to process a transaction and related methods, are provided. An embodiment of a wallet consolidator can include a controller to control operation of the wallet consolidator, and an input device connected to the controller and positioned to receive a copy of information. The input device, for example, can include a magnetic stripe reader/writer for reading and writing magnetic stripes, a bar code scanner for scanning bar codes, or a keypad, among others, to input user selections and commands. An embodiment of a wallet consolidator can also include a memory for storing information provided to the wallet consolidator, and an output device connected to the controller and positioned to transmit at least a portion of the information stored in the memory device to a computer device, e.g., point-of-sale terminal, dumb terminal, and/or database, located at a point-of-sale, to process a transaction. The output device can include a wireline communications interface, a wireless communications interface, a radio frequency (RF) interface, or an infrared (IR) interface, among others.
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