Company Filing History:
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1 out of 1 Years Active: 2000-2010
Title: Abbas Rafii: Innovator in Payment Technology
Introduction
Abbas Rafii is a prominent inventor based in Los Altos, California. With a robust portfolio of three patents, he has made significant contributions to the fields of payment technology and data capture systems.
Latest Patents
Among his notable inventions is the "Modular Signature and Data-Capture System and Point of Transaction Payment and Reward System." This innovative device utilizes a standardized ISA bus, standardized communication ports, and a standardized x86 CPU architecture, ensuring flexibility for varying software and accessories. Equipped with a VGA-caliber backlit LCD and a pressure touch pad for use with a passive stylus, the device can display real-time pen-drawn signatures and graphics. It also allows for the storage and retrieval of images and data, including advertisements, enhancing its functionality.
The modular device includes a built-in three-stripe magnetic card reader and supports PCMCIA-compatible accessories, such as solid-state memory units and smart cards. Additionally, it is compatible with multiple plug-in accessories like an external PIN keypad and a fingerprint unit. The security of transactions is fortified through methods such as DES-encrypting PIN data, Master/Session key management, or utilizing fingerprint token data as a PIN. This invention facilitates paperless transactions, enabling merchants to receive payment in real time while also generating personalized purchase profiles to enhance advertising effectiveness.
Career Highlights
Abbas Rafii has been an integral part of innovative technology development through his experience at companies such as ReceiptCity, Inc. and Symbol Technologies, LLC. His work within these organizations has contributed to advancements in payment systems and digital transactions.
Collaborations
Throughout his career, Rafii has collaborated with talented individuals like Llavanya Fernando and Nicholas Williams. These collaborations highlight the teamwork and shared vision behind his innovative projects and patents.
Conclusion
Abbas Rafii exemplifies the spirit of innovation in payment technology. Through his patents and collaborative efforts, he continues to drive advancements that facilitate more efficient and secure transaction methods, showcasing his valuable contributions to the industry.