Invention Grant
- Patent Title: Portable payment device
- Patent Title (中): 便携式支付设备
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Application No.: US12448454Application Date: 2007-08-23
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Publication No.: US07992792B2Publication Date: 2011-08-09
- Inventor: Johannes Janse Van Rensburg
- Applicant: Johannes Janse Van Rensburg
- Applicant Address: ZA Cape Town
- Assignee: FUNDAMO (Proprietary) Limited
- Current Assignee: FUNDAMO (Proprietary) Limited
- Current Assignee Address: ZA Cape Town
- Agency: Ballard Spahr LLP
- Priority: ZA2006/10619 20061218
- International Application: PCT/IB2007/002415 WO 20070823
- International Announcement: WO2008/075143 WO 20080626
- Main IPC: G06K19/06
- IPC: G06K19/06 ; G06K5/00 ; G07F19/00 ; G06F7/08 ; G06Q20/00 ; G06Q40/00

Abstract:
A payment method and system are provided for electronic data that is purchased by a recipient from a supplier thereof for transmission to the recipient with payment being made in advance of downloading of the electronic data. The pre-payment entitles the recipient to a predetermined period of time online, or a predetermined quantity of downloaded electronic data. Payment control means associated with communication means communicates with a source of funding associated with the particular recipient and an allocated funds register is associated with the source of funding such that an initial quantum of value contained in the source of funding is credited to the allocated funds register. The payment control means monitors the balance remaining in the allocated funds register and when a predetermined low value is reached a further predetermined quantum of value contained in the source of funding is credited to the allocated funds register to increase the balance therein and enable continued connectivity.
Public/Granted literature
- US20100133337A1 PORTABLE PAYMENT DEVICE Public/Granted day:2010-06-03
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