Patent ID: 7349557
Filing Date: 2008-03-25
Classification: G06K,G06Q,G07C,G07F,H04L

Abstract:
1. An electronic transaction verification system for use at a location where a transaction token is presented for payment by an individual comprising: a transaction information database for storing an account information for an authorized user within a tokenless transaction processing system; a first biometric database for storing biometric information for the authorized user within a tokenless transaction processing system; a second biometric database for storing biometric information for a plurality of invalid users within the tokenless transaction processing system; a processor for receiving transaction information from the location where the transaction token is presented and determining if a biometric authentication is required to verify an identity of the individual; a reading device for reading information on the transaction token and selectively transmitting transaction information to the processor for comparison with the stored account information for the authorized user to verify a condition of the account; and a biometric data device for scanning biometric information for the individual and selectively transmitting biometric information to the processor for comparison with the stored biometric information for the authorized user in the first biometric database to verify the identity of the individual presenting the transaction token; wherein the transmitted biometric information is compared with biometric information stored in the second biometric database to determine if the individual presenting the transaction token is an invalid user; and wherein a result from the comparisons with stored account information and stored biometric information for the authorized user is returned to the transaction location to accept or reject the transaction in real time.