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:
Jun. 15, 1999
Filed:
Sep. 12, 1996
Yiu Kong Wong, Richmond Hill, CA;
David Henry Groves, Adjala, CA;
Martin Frederick Hemy, Palgrave, CA;
International Verifact Inc., , US;
Abstract
The transaction terminal receives and reads information maintained on the card in a magnetic stripe or in an integrated circuit. A carriage is moved by an inserted card and moves from an initial position to a read position. The carriage is powered by the inserted card, and when the card is in the read position, the carriage is released and a magnetic head scans a magnetic stripe provided on the card. The terminal also causes an electrical connector to engage a card in the read position and form an electrical circuit with an integrated circuit if the card is a Smart Card. If a card is partially inserted, the carriage is held and does not automatically return to the initial position. Preferrably, a series of carriage hold positions are provided between the initial position and the read position. The terminal works in the same manner regardless of what type of card is used. In this way, the user merely fully inserts the card in the appropriate manner.