List of patents
Contactless Transaction System and Method Thereof Using Contactless Transaction Card
- Mrs. Swarna Kumari Adari
- Mrs. Swarna Kumari Adari
- IN201841014749
- India
- no
- IT
- 18/04/2018
- listing
- Problems with prior art are: >NFC technology is also not well developed at ATM’s to do cash withdrawals and other bank transactions through ATM. >Time consuming. Advantages of the present invention: >Contactless transaction system and method using contactless transaction card. >Performs financial transactions at ATM’s without inserting or tapping the bank card using Mid-Range Communication(MFC) technology.
Abstract
The present invention relates generally to transaction cards, and more particularly to contactless transaction system and method thereof using contactless transaction card. Embodiments of the present disclosure provide a user-friendly system and method that provides a system and method to perform financial transaction at ATM and/or POS centers without inserting or tapping the card. In an embodiment, the objective of the present disclosure is to perform financial transactions at ATM’s without inserting or tapping the bank card using Mid-Range Communication (MFC) technology
