Patents in Biometric
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Title
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Tokenless Biometric Electronic Debit And Credit Transactions
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Abstract
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The invention satisfies these needs by providing a method and device for tokenless authorization of an electronic payment between a payor and a payee using an electronic third party identicator and at least one payor bid biometric sample. The method comprises a payor registration step, wherein the payor registers with an electronic third party identicator at least one registration biometric sample, and at least one payor credit/debit account. The payee registers a payee identification data with the electronic third party identicator. An electronic financial transaction is formed between the payor and the payee, comprising payee bid identification data, a transaction amount, and at least one payor bid biometric sample, wherein the bid biometric sample is obtained from the payer's person, in a transaction formation step. The payee bid identification data, the transaction amount, and payor bid biometric sample are electronically forwarded to the third party electronic identicator.
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Inventors
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David Ferrin Pare, Jr., Ned Hoffman, Jonathan Alexander Lee
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Patent Number
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6269348
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International Classification
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Jul. 31,2001
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