Is a
Patent attributes
Patent Applicant
Current Assignee
Patent Jurisdiction
Patent Number
Patent Inventor Names
James McKelvey0
Jeremy Wade0
Jesse Dorogusker0
Michael C. Lamfalusi0
Thomas Templeton0
Date of Patent
February 21, 2017
Patent Application Number
14512104
Date Filed
October 10, 2014
Patent Citations Received
Patent Primary Examiner
Patent abstract
Approaches provide for a mobile point-of-sale system configured to facilitate the transfer of funds between entities (e.g., customers and merchants). A card reader can include two different types of slots configured for conducting a financial transaction between entities. A first slot can allow for a magnetic stripe element of a card to be swiped. A second slot can include contact elements which allow the card to be “dipped in”. In this way, the device can receive a swipe and/or a “dipping” of a card into a respective slot for conducting a financial transaction.
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