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US Patent 10089501 Multi-media reader apparatus, secure transaction system and methods thereof

Patent 10089501 was granted and assigned to Parabit Systems, Inc. on October, 2018 by the United States Patent and Trademark Office.

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Patent abstract

A multi-media reader (MMR) apparatus, secure transaction system and methods thereof are provided. The MMR apparatus includes a slot to receive a card and a near field communication (NFC) antenna to communicate with other NFC enabled devices and cards. The system is provided for securely sharing information over a network to complete one or more transactions using the MMR apparatus and a mobile device. The shared information may be separated and reassembled using on or more servers to increase security.

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