METHOD FOR INITIATING A TRANSACTION BETWEEN A COMMUNICATION DEVICE AND A TRANSACTION DEVICE

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United States of America Patent

SERIAL NO

15111827

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Abstract

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The method is for initiating a transaction. A communication device is in communication with a plurality of POS devices via a network and senses a magnetic field of a magnet. The communication device sends a turning off command to the first device to turn off the magnetic field of the magnet and checks whether a magnetic field still exists. When no magnetic field exist, the communication device determining that the communication device is in close proximity of magnet of the first device and initiating a transaction with the first device. If a magnetic field still exists, the device sends turning-off commands to another POS device until the magnetic field is turned off to identify which POS device the communication device is next to.

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Patent Owner(s)

Patent OwnerAddress
BLUEACCESS ABGUSTAVSLUNDSVÄGEN 151 C 167 51 BROMMA

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Magnusson, Niklas Täby, SE 7 44

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