Invention Grant
US08500018B2 Systems and methods for financial transaction through miniaturized card reader with decoding on a seller's mobile device
有权
通过小型化读卡器进行金融交易的系统和方法,在卖方的移动设备上进行解码
- Patent Title: Systems and methods for financial transaction through miniaturized card reader with decoding on a seller's mobile device
- Patent Title (中): 通过小型化读卡器进行金融交易的系统和方法,在卖方的移动设备上进行解码
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Application No.: US13012495Application Date: 2011-01-24
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Publication No.: US08500018B2Publication Date: 2013-08-06
- Inventor: Jim McKelvey , Xuancong Wen , Jack Dorsey
- Applicant: Jim McKelvey , Xuancong Wen , Jack Dorsey
- Applicant Address: US CA San Francisco
- Assignee: Square, Inc.
- Current Assignee: Square, Inc.
- Current Assignee Address: US CA San Francisco
- Agency: Mintz Levin
- Agent Paul Davis
- Main IPC: G06K7/08
- IPC: G06K7/08

Abstract:
A financial transaction card reader device includes a housing having a slot for swiping a magnetic stripe of a financial transaction card to complete a financial transaction between a buyer and seller. A read head is in the housing, reads data stored on the magnetic stripe and for produces a signal indicative of data stored on the magnetic stripe. An output jack is adapted to be inserted into a microphone input associated with a seller's mobile device for providing the signal indicative of data stored on the magnetic stripe to the mobile device. The signal is decoded in the mobile device.
Public/Granted literature
Information query