The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Oct. 02, 1990

Filed:

Jun. 29, 1988
Applicant:
Inventors:

John C Elliott, Summit, NJ (US);

James A O'Connell, Short Hills, NJ (US);

Lawrence Ladouceur, Scarsdale, NY (US);

William Altman, Lower Paxton, PA (US);

Keith Jarett, Oakland, CA (US);

Assignee:

MasterCard International, Inc., New York, NY (US);

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G07F / ; H04L / ; G06F / ;
U.S. Cl.
CPC ...
364408 ; 235380 ; 902 26 ; 380 24 ;
Abstract

A transaction terminal for use with diverse credit or other transaction cards is provided with an interface unit for receiving a plurality of modules, wherein each module contains programming information corresponding to transactions that may be carried out with at least one of the diverse identification cards presented to the machine. Accordingly, financial institutions who issue cards can independently arrange and program their own security and transaction routines which are to be carried out with the cards and distribute such routines in a secure manner for use on a common terminal.

Published as:

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