System for validating the authenticity of a transaction...

Details System for validating the authenticity of a transaction... System for validating the authenticity of a transaction...

G - Physics

06

K

G06K 9/00 (2006.01) G06K 15/00 (2006.01) G07C 9/00 (2006.01) G07G 1/00 (2006.01) G07G 1/12 (2006.01)

Patent

CA 2048332

ABSTRACT A method is disclosed for validating the authenticity of a transaction. In the subject method, a digitized code signal representative of the signature of the purchaser is generated at the point of sale by the transaction terminal. This code signal along with the parameters of the transaction are stored electronically. In the event that the customer questions the transaction, the financial institution associated with the merchant can generate a hard copy receipt which includes the parameters of the transaction as well as a representation of the signature of the purchaser. This hard copy receipt is then sent to the customer for validating the transaction. The approach disclosed herein eliminates the need to generate, transfer and store hard copy receipts unless they are specifically requested.

Affiliated with

Also associated with

Rating

System for validating the authenticity of a transaction... does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with System for validating the authenticity of a transaction..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System for validating the authenticity of a transaction... will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFCA-PAI-O-1497852