Patent ID: 7536352

Claim:
An authorization device for transferring funds from a payor financial account to a payee financial account, said device comprising: A data processing center comprising one or more databases wherein the payor registers a registration biometric sample associated with at least one payor financial account identifier and a payee registers payee identification data, the data at least including a payee place of business; A party identification apparatus configured for receiving and verifying payee digital certificate data and having a biometric sensor for input of a biometric sample; Communication lines for transmission of payee digital certificate data between a payee place of business and a party identification apparatus; Communication lines for transmission of a payor biometric sample and payee digital certificate data between a party identification apparatus and the data processing center; Communication lines for transmission of a payor financial account identifier between the data processing center and a payee; A comparator engine for comparing a bid biometric sample to at least one registration biometric sample, and The system being arranged so that the biometric sample is sent to the comparator engine only if the payee digital certificate data is verified and a message containing the payor's financial account identifier is sent from the data processing center to the payee only if the bid and registration payor biometric data match and the bid and registration payee digital certificate data match.