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US 2010/0133336 A1Published application
System and Method for a Secure Transaction
OwnerMichael BAILEYinventor
Life of this patent
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Abstract
A system and method is used to secure a transaction. The system comprises a data card and a payment receiving device. The data card stores confidential data related to the secure transaction. The payment receiving device receives the confidential data. A first credibility relating to the payment receiving device is verified. Upon the first credibility being verified, a second credibility relating to the data card is verified.
Claims20
A system, comprising:
- a data card storing confidential data related to a secure transaction;
- and
- a payment receiving device receiving the confidential data,
- wherein a first credibility relating to the payment receiving device is verified, and
- wherein, upon the first credibility being verified, a second credibility relating to the data card is verified.
2 more elements
A method, comprising:
- determining a first credibility of a payment receiving device;
- and
- receiving, by the payment receiving device, confidential data stored in a data card to verify a second credibility only upon the first credibility being verified, the second credibility relating to the data card.
A system, comprising:
- a storage means for storing confidential data related to a secure transaction;
- and
- a processing means for receiving the confidential data,
- wherein a first credibility relating to the processing means is verified, and
- wherein, upon the first credibility being verified, a second credibility relating to the storage means is verified.
2 more elements
Dependencies are inferred from the claim text.