PH12017000153A1 - Method and system for enabling a payment transaction to be conducted in a linked, integrated, interchangeable payment system (liips) including a passageway payment system using an rfid sticker linked to payment devices - Google Patents

Method and system for enabling a payment transaction to be conducted in a linked, integrated, interchangeable payment system (liips) including a passageway payment system using an rfid sticker linked to payment devices

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Publication number
PH12017000153A1
PH12017000153A1 PH12017000153A PH12017000153A PH12017000153A1 PH 12017000153 A1 PH12017000153 A1 PH 12017000153A1 PH 12017000153 A PH12017000153 A PH 12017000153A PH 12017000153 A PH12017000153 A PH 12017000153A PH 12017000153 A1 PH12017000153 A1 PH 12017000153A1
Authority
PH
Philippines
Prior art keywords
payment
linked
rfid
conducted
enabling
Prior art date
Application number
PH12017000153A
Inventor
Renato C Valencia
Original Assignee
Renato C Valencia
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Renato C Valencia filed Critical Renato C Valencia
Priority to PH12017000153A priority Critical patent/PH12017000153A1/en
Publication of PH12017000153A1 publication Critical patent/PH12017000153A1/en

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Abstract

The present invention relates generally to enabling payment transactions to be conducted and particularly to a method of and a system for enabling a payment transaction to be conducted in a linked, integrated, interchangeable payment system (LIIPS) including a passageway payment system using a radio frequency identification (RFID) sticker, or any device similar to it, which is linked to payment devices such as credit cards, debit cards, prepaid cards, or payment-enabled mobile phones, and further referenced to one or more payment accounts such as credit accounts, debit accounts, and prepaid accounts associated with the payment devices for easy payment of toll fees and other charges in passageways such as tollways or similar facilities such as, for example, for ferries, roll-on/roll-off (RORO) ships, parking areas, parks, events areas, events centers, and the like. Further, the payment device can be engaged in a point-of-sale (POS) transaction at any POS system which may include an RFID interrogator for interrogating the RFID sticker as and when a vehicle to which the RFID sticker is secured moves into the periphery of the RFID interrogator located, for example, in a tollway.
PH12017000153A 2017-05-15 2017-05-15 Method and system for enabling a payment transaction to be conducted in a linked, integrated, interchangeable payment system (liips) including a passageway payment system using an rfid sticker linked to payment devices PH12017000153A1 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
PH12017000153A PH12017000153A1 (en) 2017-05-15 2017-05-15 Method and system for enabling a payment transaction to be conducted in a linked, integrated, interchangeable payment system (liips) including a passageway payment system using an rfid sticker linked to payment devices

Applications Claiming Priority (1)

Application Number Priority Date Filing Date Title
PH12017000153A PH12017000153A1 (en) 2017-05-15 2017-05-15 Method and system for enabling a payment transaction to be conducted in a linked, integrated, interchangeable payment system (liips) including a passageway payment system using an rfid sticker linked to payment devices

Publications (1)

Publication Number Publication Date
PH12017000153A1 true PH12017000153A1 (en) 2019-01-21

Family

ID=65228676

Family Applications (1)

Application Number Title Priority Date Filing Date
PH12017000153A PH12017000153A1 (en) 2017-05-15 2017-05-15 Method and system for enabling a payment transaction to be conducted in a linked, integrated, interchangeable payment system (liips) including a passageway payment system using an rfid sticker linked to payment devices

Country Status (1)

Country Link
PH (1) PH12017000153A1 (en)

Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20050248459A1 (en) * 2001-07-10 2005-11-10 American Express Marketing & Development Corp. A system and method for providing an rfid transaction device
US20110218849A1 (en) * 2010-03-03 2011-09-08 Rutigliano John R Cloud platform for multiple account management & automated transaction processing
US20140143152A1 (en) * 2011-03-04 2014-05-22 Citibank, N.A. Methods and systems using contactless card

Patent Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20050248459A1 (en) * 2001-07-10 2005-11-10 American Express Marketing & Development Corp. A system and method for providing an rfid transaction device
US20110218849A1 (en) * 2010-03-03 2011-09-08 Rutigliano John R Cloud platform for multiple account management & automated transaction processing
US20140143152A1 (en) * 2011-03-04 2014-05-22 Citibank, N.A. Methods and systems using contactless card

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