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:
Jan. 02, 2018
Filed:
Jun. 28, 2012
Donald Wood Loomis, Iii, Coppell, TX (US);
Edward Tangkwai MA, Plano, TX (US);
Robert Michael Muchsel, Addison, TX (US);
Donald Wood Loomis, III, Coppell, TX (US);
Edward Tangkwai Ma, Plano, TX (US);
Robert Michael Muchsel, Addison, TX (US);
Maxim Integrated Products, Inc., San Jose, CA (US);
Abstract
Various embodiments of the present invention relate to a point-of-sale (POS) system, and more particularly, to systems, devices and methods of making secure payments using a mobile device in addition to a POS terminal that may be an insecure payment device exposed to various tamper attempts under certain circumstances. The mobile device is involved in a trusted transaction between a central financial entity, e.g., a bank, and the payment terminal, such that the insecure payment terminal may be further authenticated based on rolling codes, two-way or three-way authentication, or an off-line mode enabled by incorporation of the mobile device. Although either of the mobile device and the payment terminal provides limited security, a POS system incorporating both of them demonstrates an enhanced level of security.