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:
Feb. 21, 2017
Filed:
Oct. 10, 2014
Square, Inc., San Francisco, CA (US);
Thomas Templeton, San Francisco, CA (US);
Michael C. Lamfalusi, Cupertino, CA (US);
Jeremy Wade, San Francisco, CA (US);
James McKelvey, Miami, FL (US);
Jesse Dorogusker, San Francisco, CA (US);
Square, Inc., San Francisco, CA (US);
Abstract
Approaches provide for a mobile point-of-sale system configured to facilitate the transfer of funds between entities (e.g., customers and merchants). A card reader can include two different types of slots configured for conducting a financial transaction between entities. A first slot can allow for a magnetic stripe element of a card to be swiped. A second slot can include contact elements which allow the card to be 'dipped in'. In this way, the device can receive a swipe and/or a 'dipping' of a card into a respective slot for conducting a financial transaction.