Portable device wireless reader and payment transaction terminal functionality with other portable devices

作者: Robert Lieh-Yuan Tsai , Martijn Franciscus Agnes Coenen

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摘要: A user accesses an application on a reader mode device, activating communication and disabling conflicting modes. The device activates radio frequency field creates secure channel with payment device. element the requests receives information from decrypts account verification user. input verifies information. In response to verifying information, encrypts transmits it processing system. system processes transaction notice of approved or declined

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