US5591949A
Expired / Lapsed
US
⏱️ 0.0 years remaining
Automatic portable account controller for remotely arranging for payment of debt to a vendor
Assignee: Intellectual Ventures Fund 83 LLC
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Filing: 1995-01-06
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Granted: 1997-01-07
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Expires: 2015-01-06
Abstract
Abstract An automatic account controller for remotely arranging for payment of debt to a vendor. The controller includes a detector for activating the portable account controller upon detection of indicia of identity of an authorized user and a selector for selecting a mode of payment to the vendor. The controller further includes a keypad for entering a payment amount, a wireless transceiver for communicating with the vendor, and a processor for executing the selected mode of payment to the vendor through the apparatus for communicating.
Inventors
- 👤 Robert J. Bernstein
Bibliographic Details
Application Number
—
Jurisdiction
US
Data Source
google_patents
Last Synchronized
2026-11-01 07:43
CPC Classifications
G; G06; G06Q; G06Q20/00; G06Q20/30; G06Q20/32; G06Q20/327; G06Q20/04; G06Q20/08; G06Q20/10
Claims Analysis
Total Claims: 23
Claim 1
Independent Claim
116 words
An automatic portable account controller for remotely arranging for payment of debt to a vendor comprising in combination: means for activating the automatic portable account controller upon detection of indicia of identity of an authorized user; means for selecting direct value transfer as a mode of payment to the vendor via off-line mode; means for selecting credit purchase as a mode of payment to the vendor via off on-line mode; means for selecting bank account transfer as a mode of payment to the vendor via on-line mode; means for entering a payment amount; means for communicating with the vendor; and means for executing the selected mode of payment to the vendor through the means for communicating.
Claim 2
Dependent Claim
116 words
An automatic portable account controller for remotely arranging for payment of debt to a vendor comprising in combination: means for activating the automatic portable account controller upon detection of indicia of identity of an authorized user; means for selecting direct value transfer as a mode of payment to the vendor via off-line mode; means for selecting credit purchase as a mode of payment to the vendor via off on-line mode; means for selecting bank account transfer as a mode of payment to the vendor via on-line mode; means for entering a payment amount; means for communicating with the vendor; and means for executing the selected mode of payment to the vendor through the means for communicating.
Claim 3
Dependent Claim
27 words
The account controller for remotely arranging for payment of debt of claim 1 wherein the means for communicating with the vendor further comprises a radio frequency transceiver.
Claim 4
Dependent Claim
26 words
The account controller for remotely arranging for payment of debt of claim 1 wherein the means for communicating with the vendor further comprises an infrared transceiver.
Claim 5
Dependent Claim
26 words
The account controller for remotely arranging for payment of debt of claim 1 wherein the means for communicating with the vendor further comprises a telephone jack.
Claim 6
Dependent Claim
46 words
The account controller as in claim 1 wherein the means for executing the mode of payment to the vendor of the direct value transfer further comprises a controller for transferring value from a cash memory of the portable account controller to a memory of the vendor.
Claim 7
Dependent Claim
59 words
The account controller of claim 1 wherein the means for executing a mode of payment to the vendor of the cash transfer from a bank account of the authorized user to a bank account of the vendor further comprises a controller for transferring at least an account number of the authorized user to the bank of the authorized user.
Claim 8
Dependent Claim
22 words
The account controller as in claim 6 wherein the controller further comprising means for encrypting the account number of the authorized user.
Claim 9
Dependent Claim
25 words
The account controller of claim 6 wherein the controller further comprising means for communicating a personal identification number to the bank of the authorized user.
Claim 10
Dependent Claim
23 words
The account controller as in claim 8 wherein the controller further comprising means for encrypting the personal identification number of the authorized user.
Claim 11
Dependent Claim
38 words
The account controller of claim 1 wherein the means for executing the mode of payment of credit purchase from the vendor further comprising a controller for communicating an account number of the authorized user to a credit source.
Claim 12
Dependent Claim
22 words
The account controller as in claim 10 wherein the controller further comprising means for encrypting the account number of the authorized user.
Claim 13
Dependent Claim
39 words
The account controller of claim 10 wherein the means for executing the mode of payment of credit purchase from the vendor further comprising a controller for communicating a personal identification number of the authorized user to the credit source.
Claim 14
Dependent Claim
23 words
The account controller as in claim 12 wherein the controller further comprising means for encrypting the personal identification number of the authorized user.
Claim 15
Dependent Claim
29 words
The account controller as in claim 10 wherein the controller further comprises a means for requesting a credit authorization number from the credit source for transmission to the vendor.
Claim 16
Dependent Claim
17 words
The account controller as in claim 1 further comprising means for encrypting temporal indicia of the transaction.
Claim 17
Dependent Claim
30 words
The automatic portable account controller of claim 1 further comprising a vendor's cashbox operably interconnected with the account controller at a point of purchase for receiving a direct value transfer.
Claim 18
Dependent Claim
34 words
The vendor's cashbox as in claim 16 further comprising means for decoding the temporal indicia of the transaction and declining the transaction where the temporal indicia do not match a time of the transaction.
Claim 19
Dependent Claim
59 words
The account controller for remotely arranging for payment of debt as in claim 1 wherein the vendor further comprises a cash dispensing station and the means of executing the mode of payment further comprises a controller for transferring cash from a bank account of the authorized user to a bank account of a controlling bank of the cash station.
Claim 20
Dependent Claim
28 words
The account controller of claim 18 further comprising a controller for communicating at least an account number of an authorized user to a bank of the authorized user.
Claim 21
Dependent Claim
26 words
The account controller for remotely arranging for payment of debt as in claim 19 further comprising means for encrypting the account number of the authorized user.
Claim 22
Dependent Claim
27 words
The account controller for remotely arranging for payment of debt as in claim 20 further comprising means for encrypting the personal identification number of the authorized user.
Claim 23
Dependent Claim
26 words
The account controller of claim 18 further comprising means for communicating a personal identification number of the authorized user to the bank of the authorized user.
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USPTO Annuity & Maintenance Windows
| Annuity Stage | Window Opens | Payment Deadline | Surcharge Period Until | Estimated Fee | Status |
|---|---|---|---|---|---|
| 3.5 Years (Year 4) | 2000-01-07 | 2000-07-08 | 2001-01-07 | $2000.00 | Window Closed / Lapsed |
| 7.5 Years (Year 8) | 2004-01-07 | 2004-07-08 | 2005-01-07 | $3760.00 | Window Closed / Lapsed |
| 11.5 Years (Year 12) | 2008-01-07 | 2008-07-08 | 2009-01-07 | $7700.00 | Window Closed / Lapsed |