System and method for uniquely identifying point of sale devices in an open payment network
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United States of America Patent
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Dec 3, 2013
Grant Date -
May 13, 2010
app pub date -
May 28, 2009
filing date -
Nov 13, 2008
priority date (Note) -
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status (Latency Note)
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Abstract
A system, apparatus, and method for using a point of sale (POS) terminal as part of an electronic payment transaction. A unique number, code, alphanumeric character string, or other form of identification is assigned to each terminal manufacturer. Each terminal manufacturer then assigns a unique global identifier to each terminal they manufacture. The identifier assigned by the manufacturer may incorporate or be derived from the unique identifier assigned to each manufacturer. In the course of an electronic payment, other form of transaction, or other function or operation of the terminal, the POS terminal's unique global identifier is provided to a payment processor or other electronic payment network entity. This information, alone or in combination with portable consumer device data and transaction data, may be used to provide new services, content, and products to consumers or merchants.
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