Parameswaran B. Nair - Acworth GA John C. Evans - Atlanta GA James F. Price - Alpharetta GA Kumar S. Choudhuri - Kennesaw GA James T. Stills - Atlanta GA Victor V. Goulding - Lawrenceville GA
Assignee:
MicroBilt Corporation - Atlanta GA
International Classification:
G06K 712
US Classification:
235440
Abstract:
A method of obtaining and providing card identifying information from a data card presented in connection with a financial transaction, the data card having a magnetic stripe and an embossed region containing identifying information, the method being carried out in a data card terminal. The data card terminal is operative for gathering credit card or check information required for customer transactions at a point of sale. The method comprises providing a transaction risk parameter selectively indicative of a first or second level of transaction security to be provided for the data card terminal. In response to the transaction risk parameter indicating the first level of security, verified card identifying information is provided if either the first data record region or the second data region contains valid card identifying information. In response to the transaction risk parameter indicating the second level of security, a second level security check is performed. During the second level security check the first data record region is compared with the second data record region to determine if the data contained in the two regions match.
Financial Transaction Systems And Methods Utilizing A Multi-Reader Transaction Terminal
Parameswaran B. Nair - Acworth GA James F. Price - Alpharetta GA Victor V. Goulding - Lawrenceville GA
Assignee:
MicroBilt Corporation - Atlanta GA
International Classification:
G06F 1760
US Classification:
364405
Abstract:
A multi-reader terminal including a magnetic stripe reader, an embossed character reader, and a magnetic ink character recognition (MICR) check reader, in an integrated stand-alone unit. The terminal is operative for gathering credit card or check information required for customer transactions at the point of sale. The terminal provides a single card passageway for receiving a credit card having a magnetic stripe and embossed characters. The magnetic stripe reader and embossed character reader read the credit card as it travels in the passageway. The embossed character reader may be selectively retracted from the card passageway. The terminal includes a plurality of serial communications ports that allow the terminal to be connected in series between a host computer and an electronic cash register. The serial ports allow connection of a signature capture pad, a personal identification number (PIN) pad, and other serial devices. The terminal is operative to intercept and respond to serial data, or to reroute serial data between any of the serial ports.
Parameswaran B. Nair - Acworth GA John C. Evans - Atlanta GA James F. Price - Alpharetta GA Kumar S. Choudhuri - Kennesaw GA James T. Stills - Atlanta GA Victor V. Goulding - Lawrenceville GA
Assignee:
MicroBilt Corporation - Atlanta GA
International Classification:
G06K 708
US Classification:
235449
Abstract:
A multi-reader terminal including a magnetic stripe reader, an embossed character reader, and a magnetic ink character recognition (MICR) check reader, in an integrated stand-alone unit. The terminal is operative for gathering credit card or check information required for customer transactions at the point of sale. The terminal provides a single card passageway for receiving a credit card having a magnetic stripe and embossed characters. The magnetic stripe reader and embossed character reader read the credit card as it travels in the passageway. The embossed character reader may be selectively retracted from the card passageway. The terminal includes a plurality of serial communications ports that allow the terminal to be connected in series between a host computer and an electronic cash register. The serial ports allow connection of a signature capture pad, a personal identification number (PIN) pad, and other serial devices. The terminal is operative to intercept and respond to serial data, or to reroute serial data between any of the serial ports.