Invention Grant
- Patent Title: Point of sale system and method for contactless payment
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Application No.: US16308944Application Date: 2018-02-20
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Publication No.: US10853793B2Publication Date: 2020-12-01
- Inventor: Daniel Bernholc
- Applicant: PayPal, Inc.
- Applicant Address: US CA San Jose
- Assignee: PayPal, Inc.
- Current Assignee: PayPal, Inc.
- Current Assignee Address: US CA San Jose
- Priority: SE1750327 20170320
- International Application: PCT/SE2018/050163 WO 20180220
- International Announcement: WO2018/174773 WO 20180927
- Main IPC: G06Q20/32
- IPC: G06Q20/32 ; G06Q20/18 ; G06Q20/20 ; G06Q20/34 ; G06Q20/40

Abstract:
A point of sale [POS] system for contactless payment of products, including a payment processing unit for facilitating electronic payment of products based on payment-facilitating information received from a portable payment device, such as a contactless card is provided. The payment processing unit is connected to a plurality of antennas, each associated with a respective product and each configured to read payment-facilitating information from a portable payment device when the portable payment device is brought in the vicinity of the antenna. The payment processing unit is configured to, upon reading of payment-facilitating information by any of the antennas, receive the payment-facilitating information and identify a product to be paid for based on which of the plurality of antennas read the payment-facilitating information, and to facilitate a financial transaction comprising payment of the identified product using the payment-facilitating information.
Public/Granted literature
- US20200210991A1 POINT OF SALE SYSTEM AND METHOD FOR CONTACTLESS PAYMENT Public/Granted day:2020-07-02
Information query