RFID transponder dispenser and authorizer

A method of securely dispensing a Radio Frequency IDentification (RFID) Transponder at a point of purchase for use by a customer, the RFID Transponder having a unique ID code readable at the point of purchase, the method comprising the following steps:

• reading at the point of purchase and uploading customer selected electronic account data through a network to a processor;
• processor validation of the account data and sending back to the point of purchase a validation code and a record locator code;
• reading the validation code and selectably dispensing a Transponder to the customer if the code matches preselected criteria for dispensing;
• reading the dispensed Transponder ID code at the point of purchase and uploading it and the record locator code through the network to the processor;
• processor activation of the Transponder ID by association of the Transponder ID with the customer selected electronic account in a processor database record such that the customer account may be dynamically charged whenever the unique Transponder ID is associated with the customer database record for payment, the timing of activation being selected from the list of activation timings consisting of immediate, batched, and held for point of purchase cashier verification of customer ID.

A method of securely dispensing a Radio Frequency IDentification (RFID) Transponder at a point of purchase for use by a customer, the RFID Transponder having a unique ID code readable at the point of purchase, the method comprising the following steps:

• reading at the point of purchase and uploading customer selected electronic account data through a network to a processor,
• processor validation of the account data and sending back to the point of purchase a validation code and a record locator code;
• reading the validation code and selectably dispensing a Transponder to the customer if the code matches preselected criteria for dispensing;
• reading the dispensed Transponder ID code at the point of purchase and uploading it and the record locator code through the network to the processor;
• processor activation of the Transponder ID by association of the Transponder ID with the customer selected electronic account in a processor database record such that the customer account may be dynamically charged whenever the unique Transponder ID is associated with the customer database record for payment, the timing of activation being selected from the list of activation timings consisting of immediate, batched, and held for point of purchase cashier verification of customer ID;
• processor transmission of an activation confirmation code back to the point of purchase such that the customer is immediately advised as to the status of activation, based on the confirmation code;
• and
• logging in to the processor from the point of purchase by the customer to perform maintenance on the customer record at the processor database, wherein the step of performing maintenance on the customer record is selected from the list of steps consisting of modifying the account, linking an additional transponder to the account, replacing a lost transponder, assigning the Transponder to a different customer financial account, updating the Transponder, and canceling a Transponder.