18421533. PAYMENT TERMINAL simplified abstract (Panasonic Intellectual Property Management Co., Ltd.)
Contents
- 1 PAYMENT TERMINAL
PAYMENT TERMINAL
Organization Name
Panasonic Intellectual Property Management Co., Ltd.
Inventor(s)
Kenya Yasutomi of Kanagawa (JP)
Tadayuki Takanashi of Kanagawa (JP)
Akihito Shimode of Kanagawa (JP)
PAYMENT TERMINAL - A simplified explanation of the abstract
This abstract first appeared for US patent application 18421533 titled 'PAYMENT TERMINAL
Simplified Explanation
The patent application describes a payment terminal with a magnetic card reader slot, an IC card reader slot, and a touch area for contactless payment.
- Magnetic card reader slot positioned obliquely upward toward the user
- IC card reader slot located in front of the user
- Swipe direction of magnetic card and insertion direction of IC card are perpendicular
- Components arranged in order of magnetic card reader slot, IC card reader slot, and touch area from the plane in a height direction
Potential Applications
The technology described in this patent application could be applied in various industries such as retail, hospitality, and banking for secure and efficient payment processing.
Problems Solved
This technology solves the problem of providing multiple payment options in a single terminal while ensuring ease of use and security for both magnetic and IC cards.
Benefits
The benefits of this technology include improved user experience, increased security for card transactions, and versatility in accepting different types of payment methods.
Potential Commercial Applications
- "Enhancing Payment Terminal Efficiency and Security with Innovative Card Reader Design"
Possible Prior Art
There may be prior art related to the design and arrangement of card reader slots in payment terminals, but specific examples are not provided in this patent application.
Unanswered Questions
How does this technology impact user privacy and data security?
The patent application does not delve into the specifics of how user data is protected during card transactions. It would be important to understand the encryption methods and security protocols in place to safeguard sensitive information.
What are the potential maintenance requirements for this type of payment terminal?
The patent application does not address the maintenance aspect of the payment terminal design. It would be essential to know how often components need to be serviced or replaced to ensure the terminal's longevity and functionality.
Original Abstract Submitted
A payment terminal includes a magnetic card reader slot having a magnetic head, an IC card reader slot configured to be front of a user, and a first board with a touch area for a contactless payment arranged diagonally upward toward the user. The magnetic card reader slot is arranged toward the user obliquely upward with respect to a direction parallel to the plane. The magnetic card reader slot and the IC card reader slot are arranged, so that a swipe direction of the magnetic card into the magnetic card reader slot and an insertion direction of an IC card into the IC card reader slot are substantially perpendicular to each other. The magnetic card reader slot, the IC card reader slot, and the first board are arranged in this order from the plane in a height direction.
