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:
Jun. 22, 1999

Filed:

Jan. 06, 1997
Applicant:
Inventor:

Robert Bernstein, Wilmette, IL (US);

Assignee:

Other;

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
H04L / ;
U.S. Cl.
CPC ...
380 24 ; 380-4 ; 380-9 ; 380 23 ; 380 25 ; 380 49 ; 705 26 ; 705 35 ; 705 39 ; 705 40 ; 705 44 ;
Abstract

An apparatus and method of transferring a value from a transferor to a transferee in a transaction executed through a public service telephone network. The method includes the step of exchanging essential information between the transferor and transferee through a connection established through the public service telephone network. A summary of the transaction is transferred from the transferor and from the transferee to a third party agent of the transferee through the public service telephone network. The summary received from the transferor with the summary received from the transferee and where a match is determined, transferring the value to the transferee.


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