Invention Grant
- Patent Title: Payment device and process
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Application No.: US16762160Application Date: 2018-11-30
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Publication No.: US11756023B2Publication Date: 2023-09-12
- Inventor: Lindsay Herbert
- Applicant: International Business Machines Corporation
- Applicant Address: US NY Armonk
- Assignee: International Business Machines Corporation
- Current Assignee: International Business Machines Corporation
- Current Assignee Address: US NY Armonk
- Agent Eric W. Chesley
- Priority: GB 20497 2017.12.08
- International Application: PCT/IB2018/059517 2018.11.30
- International Announcement: WO2019/111119A 2019.06.13
- Date entered country: 2020-05-07
- Main IPC: G06Q20/32
- IPC: G06Q20/32 ; G01R33/07 ; G06Q20/40

Abstract:
A method for receiving and executing a request from an electronic communications device in a point-of-sale location, the device configured to receive, from a device reader, magnetic signature data from a magnetic field produced by the device reader and wirelessly receiving a reader unique identifier from the device reader. The device configured to communicate the magnetic signature data and unique identifier to a backend service as reader identifying data together with customer credentials. The backend service configured to match customer credentials with a customer database, and match reader identifying data to a reader database to verify the reader identify; the backend service configured to use verified reader identity to identify order data received from a terminal and to pass order data to a payment provider for executing payment.
Information query