Community concept for payment using RF ID transponders
OwnerKelly Gravelle, Ron Pinkus +1inventors
InventorsKelly Gravelle, Ron Pinkus, Michael Burchell
Life of this patent
Estimating the term…
Abstract
Payment systems and methods using wireless transponders in a community of retailers are disclosed. The disclosed systems and method include a community of retailers, an RFID transponder card, a number of readers for reading an identification number from the RFID transponder card when a subscriber carrying the card enters the community, a local computer in communication with the plurality of points of sale for receiving the identification number and associating the identification number with a subscriber account, and a Clearinghouse computer for validating the transponder card and notifying the local computer of the card's validation.
Claims26
A payment system comprising:
- a community comprised of a plurality of points of sale;
- a wireless identification tag;
- at least one reader for interrogating the wireless identification tag and reading information from the tag when the tag is in a vicinity of the community;
- and
- a local computer for receiving the information from the at least one reader and authorizing payment with the tag at a first point of sale, being any point of sale from the plurality of points of sale, upon validation of the tag.
A payment method comprising:
- reading information from a wireless identification tag when the tag is located in a vicinity of a plurality of points of sale;
- validating the wireless identification tag;
- authorizing a payment with the tag at a first point of sale, the first point of sale being any point of sale from the plurality of points of sale;
- and
- selecting a source of funds for payment with the tag.
Dependencies are inferred from the claim text.