RFID Sticker Linked Payment System for Passageway Tolling
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Solution Overview
Problem
Current passageway payment systems are often proprietary, expensive, and independent of each other, leading to complex and tedious registration and payment processes for vehicle owners, with many systems still relying on costly DSRCs and transponders.
Innovation Solution
A linked, integrated, interchangeable payment system (LIIPS) using a radio-frequency identification (RFID) sticker as a primary payment device, linked to multiple payment devices and accounts, allowing for easy, cost-efficient, and multi-purpose transactions across various passageways by linking and enabling/disabling payment accounts and interrogating the RFID circuitry for payment information.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If proprietary passageway payment systems are used, then payment functionality is provided, but system complexity and registration burden increase
Solution Approach 1:
The RFID sticker serves as a universal payment device that can be used across multiple different passageway payment systems (tollways, ferries, parking facilities, etc.). Instead of requiring separate registration for each system, the single RFID sticker links to multiple payment accounts that can be accessed by any participating passageway system, thereby simplifying operation and reducing system complexity.
Solution Approach 2:
The RFID sticker acts as an intermediary device between the user and multiple payment systems. It contains an antenna and circuitry that can be read by various passageway systems while maintaining links to multiple payment accounts held at different financial institutions. This intermediary approach allows seamless transactions without requiring direct integration between each passageway system and every user account.
2Reliability
If DSRC transponders are used, then payment capability is provided, but installation and operational costs increase
Solution Approach 1:
The patent replaces expensive DSRC transponders with inexpensive RFID stickers. The RFID sticker is a simple, low-cost device that can be easily applied to a vehicle and contains minimal electronics and an antenna. While individual stickers are simple and replaceable, the system maintains reliability through secure linking to multiple payment accounts and established financial infrastructure.
Solution Approach 2:
The system creates a digital copy of payment information that can be accessed across multiple systems. Instead of requiring physical transponder installations, the payment account information is electronically linked to the RFID sticker, allowing any passageway system with an RFID reader to access the payment capability without requiring specialized installation infrastructure.
3Adaptability or versatility
If multiple independent payment systems are used, then payment functionality is provided, but registration and payment processes become tedious
Solution Approach 1:
The patent merges multiple payment accounts from different financial institutions into a single unified system accessible through one RFID sticker. The RFID sticker maintains links to multiple payment accounts simultaneously, allowing users to access any account when passing through different passageways. This combining approach eliminates the need for separate registrations for each system while maintaining full payment functionality across all compatible passageways.
Applied Scientific Principles
This section explains which scientific principles are used to turn an abstract innovation direction into a practical engineering solution.
Function Achieved in This Case
Enables seamless, integrated payment transactions across multiple passageways, reducing complexity and costs by using an RFID sticker to link and manage multiple payment accounts, supporting a wide range of stakeholders, including issuers, merchants, and clearing banks, with real-time reloading and balance management.
Implementation Method 1
a radio-frequency identification (RFID) sticker, or any device similar to it, which is secured to a vehicle such as a motorcycle or a car, wherein the RFID sticker has an antenna and an RFID circuitry coupled to the antenna
Data Source
AI summary
The present invention relates generally to enabling payment transactions to be conducted and particularly to a method of, a system for, and a server computer for enabling a payment transaction to be conducted in a linked, integrated, interchangeable payment system (LIIPS) including a passageway payment system using a radio frequency identification (RFID) sticker, or any device similar to it, which is linked to payment devices such as credit cards, debit cards, prepaid cards, or payment-enabled mobile phones, and further referenced to one or more payment accounts such as credit accounts, debit accounts, and prepaid accounts associated with the payment devices for easy payment of toll fees and other charges in passageways such as tollways or similar facilities such as, for example, for ferries, roll-on/roll-off (RORO) ships, parking areas, parks, events areas, events centers, and the like. Further, the payment device can be engaged in a point-of-sale (POS) transaction at any POS system which may include an RFID interrogator for interrogating the RFID sticker as and when a vehicle to which the RFID sticker is secured moves into the periphery of the RFID interrogator located, for example, in a tollway.