System and method for secure transmission of electronic...

Details System and method for secure transmission of electronic... System and method for secure transmission of electronic...

G - Physics

07

F

G07F 7/08 (2006.01) H04L 9/28 (2006.01)

Patent

CA 2490598

The present invention provides a novel system and method for securely transmitting data. In an embodiment, the system is a merchant POS system that comprises a plurality of POS stations all of which are connected to a communications switch via a network. The POS stations each include a reader and a computing device joined by a link. The reader is operable to encrypt an identity of an account received from a financial card that is passed through the reader. The encrypted identity is then transmitted over the link, and decrypted by the computing device.

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