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.
Patent No.:
Date of Patent:
Oct. 14, 1997
Filed:
Jun. 07, 1995
Paul M Pittenger, San Mateo, CA (US);
Lloyd S Palmer, Hilliard, OH (US);
CompuServe Incorporated, Columbus, OH (US);
Abstract
A system for processing credit card transactions is disclosed. Transaction data to be processed is sent by point of sale terminal to a terminal node connected to a sophisticated communications network. The terminal node uses routing data contained in the transaction data to establish a connection to a verification service host. The connection is established while the terminal node concurrently continues to receive and then validate the transaction data. Overall transaction processing time is reduced because the network connection needed for verification of the transaction data is established while, rather than after, transaction data is received and validated.