Electronic transaction system and a transaction terminal adapted for such a system

a technology of electronic transaction system and transaction terminal, which is applied in the direction of transmission, point-of-sale network system, instruments, etc., can solve the problems of increasing resource requirements, increasing security specifications, and increasing the cost of transaction terminals, so as to reduce the cost of telecommunications and reduce the price of transaction terminals.

Inactive Publication Date: 2007-07-19
AXALTO SA
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Benefits of technology

[0019] Due to the significant decrease of the telecommunication cost, the system according to the invention enables a substantial cost reduction of the price of the transaction terminal.

Problems solved by technology

The features required from the transaction terminal are more and more resource demanding.
At the same time the security specifications become more and more severe.

Method used

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  • Electronic transaction system and a transaction terminal adapted for such a system
  • Electronic transaction system and a transaction terminal adapted for such a system
  • Electronic transaction system and a transaction terminal adapted for such a system

Examples

Experimental program
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Embodiment Construction

[0024] An example of payment transaction involving for example a mobile phone (e.g. compliant with GSM) will be described in more details in relation with FIG. 1. A human interface module SPED is connected by a wire or a wire-less connection C1 to a hosting terminal HT, for example a mobile phone. The hosting terminal HT enables to communicate with an application host or virtual terminal server VTS through an existing public or private telecommunication network TN. The virtual terminal server VTS is further able to communicate by adapted communication means and networks C2 with the information processing systems of bank(s) BH.

[0025] The human interface module SPED comprises a keypad KP, a display D, a card reader CR, a processing means MP connected to each other by an internal bus B. The human interface module SPED can also comprise a printer P. Advantageously, the human interface module SPED is secured in the sense that it is tamper evident or tamper proof. This means that a user ...

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PUM

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Abstract

A system for performing electronic transaction comprises:—a human interface module SPED comprising a keypad KP, a display D, a card reader CR, a processing means MP and an internal bus B for connecting these elements,—a hosting means HT connectable to the human interface module SPED through connection means C1, said hosting means comprising a scheduler means ES, a processing means and a memory HTR, communication means CR, and a power supply PS, EPS,—a gateway means VTS connectable to the hosting means HT through a telecommunication network TN, the gateway means VTS being a virtual terminal server

Description

FIELD OF THE INVENTION [0001] The invention relates to electronic transaction systems and transaction terminals adapted to perform electronic transaction. An electronic transaction is for example a payment transaction enabling payment of goods at a merchant store or a healthcare transaction enabling a patient to recover fees paid at the doctor, borrowing a book in a library etc . . . BACKGROUND OF THE INVENTION [0002] The payment terminal market is experiencing a price war, and at the same time due to the Europay MasterCard Visa EMV migration, new functionality are required. Further, the telecommunication environment is changing the global architecture of the transaction scheme. [0003] Today, a transaction terminal has all the capabilities and resources to handle a transaction, namely: a PIN pad (keyboard for entering the user Personal Identification Number), a printer, a display, a card reader (either magnetic stripe card or microprocessor card), processing power and memory. [0004]...

Claims

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Application Information

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Patent Type & Authority Applications(United States)
IPC IPC(8): G06Q99/00H04L9/00G06Q20/00G07F7/10
CPCG06Q20/027G06Q20/20G06Q20/32G07F7/1075G06Q20/4014G07F7/10G06Q20/347G06Q20/4012G06Q20/409G07G1/0009G07G1/14
Inventor QUESSELAIRE, DOMINIQUEMENGUS, JEAN-PAULLEGER, MICHEL
Owner AXALTO SA
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