By US Fed News
     ALEXANDRIA, Va., July 18 -- Devon A. Rolf of Kansas City, Mo., has developed a device for making a transaction.
     According to the U.S. Patent & Trademark Office: "A wireless communications device has a transponder for transmitting information for making a transaction to a point of sale terminal. When the device is within the range of a field generated by the point of sale terminal, the transponder is excited and transmits the information to the point of sale terminal. The wireless communications device also includes a cellular transmitter for use in making a purchase transaction."
     The inventor was issued U.S. Patent No. 7,376,583 on May 20.
     The patent has been assigned to GoFigure LLC, Paola, Kan.
     The original application was filed on Aug. 10, 2000, and is available at: http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=7,376,583.PN.&OS=PN/7,376,583&RS=PN/7,376,583.
     HTS shvk 080718-426804


Subscribe Now

Authoritative analysis and perspective for every segment of the payments industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry