WO2014111760A1

WO2014111760A1 - Integrated transaction terminal

Info

Publication number: WO2014111760A1
Application number: PCT/IB2013/060053
Authority: WO
Inventors: KUSHAL Kumar CHELLAPPAN
Original assignee: Kanhatech Solutions Limited
Priority date: 2013-01-16
Filing date: 2013-11-11
Publication date: 2014-07-24

Abstract

Embodiments of the present disclosure relate to system and method for facilitating electronic transactions on an integrated transaction terminal. In an embodiment, the integrated transaction terminal determined presence of users in a predetermined area. Then, the user and the integrated transactional terminal are authenticated using biometric information, location information, unique device identification etc. Finally, the payment is made by user without swiping of physical cards or other payment instruments. The present disclosure related to frictionless payment method with multi- level authentication.

Description

"A SYSTEM AND METHOD FOR FACILITATING ELECTRONIC TRANSACTIONS ON INTEGRATED TRANSACTION TERMINAL'

CROSS-REFERENCE TO RELATED APPLICATION

The present application claims priority to Indian patent application serial number 222/CHE/2013 filed on January 16, 2013., the entire contents of which are incorporated by this reference. TECHNICAL FIELD

The present disclosure relates to electronic data transactions. In particular, the present disclosure relates to performing frictionless financial transaction using an integrated transaction terminal.

BACKGROUND

Current methodology for making payments includes electronic credit cards, debit cards, prepaid cards, gift cards, government benefit cards, etc., collectively called as electronic payment instruments. Credit and debit cards are payment methodologies which are normally allowed for payments to vendors through point of sale (POS) devices without the physical transfer of funds.

Current POS devices are normally provided with magnetic swipe card reader. The point of sales terminal reads the account information via the card swipe. The account information includes account number, expiration date etc. Further, the person using the POS device may verify a signature or a photo identification card, but relying on human diligence as a link in the authentication process of the person and the payment instrument has historically proven very weak for a number of reasons that are difficult or impossible to rectify. The present POS devices involve low security as information from the electronic payment instruments can be easily cloned and most key parameters like account number, expiry date, Card Verification Value (CVV) number, signature etc. are printed on the card. Fraud may easily arise in this model because the store clerk has limited means or motivation to accurately validate that the electronic payment instruments actually belongs to the card holder. Also, the user of POS device may misuse the details of the cards given to him. Also, carrying multiple cards becomes tedious and customer may sometimes forget to carry the cards. Unauthorized customers may sometimes use electronic debit cards and credit cards, and the POS device provides no option to authenticate the user of the electronic debit and credit cards. For these reasons, it is desirable to provide a payment system and methodology that permits payment of both large and small transaction amounts in a secure manner and which has fewer prerequisites for customers. Also, there is a need for effectively authenticating the electronic payment instruments during electronic transactions, mechanism to identify the rightful owner of the electronic payment instrument, and also uniquely identify the devices, network and infrastructure and their location during the electronic transaction .

SUMMARY OF THE DISCLOSURE The shortcomings of the prior art are overcome and many additional advantages are provided through the present disclosure. Additional features and advantages are realized through the techniques of the present disclosure. Other embodiments and aspects of the disclosure are described in detail herein and are considered a part of the claimed disclosure.

The payment system and method of the present disclosure facilitates a secured transaction by requiring authentication of the payment instruments, identity of the user and also uniquely identification of the devices, network and infrastructure used in the transaction.

In an embodiment, the present disclosure provides better security and better fraud management while performing transactions.

In an embodiment, the present disclosure relates to a method of facilitating electronic transactions on an Integrated Transaction Terminal. The method comprises steps of determining one or more users to be in a predetermined location. Then, record of one of the one or more identified users is extracted and displayed on a display unit configured in the transaction terminal. The record comprises at least one of user unique identification, user payment instruments, and biometric information related to the user and unique identification of the integrated transaction terminal. The one of the one or more identified users are selected using the extracted record. The payment confirmation is then received from one of the one or more identified users through at least one of a motion or location capturing unit and a voice recording unit or a biometric recording unit configured in the transaction terminal. Then, the one of the one or more identified user is authenticated using biometric information, wherein the authentication is performed by an authentication module of the transaction terminal. The received payment confirmation from one of the one or more identified users is stored in a database and a communication channel is established between the transaction terminal and a server. Finally, the electronic transaction is conducted on the established communication channel using at least one of user payment instruments, unique integrated transaction terminal and user unique identification.

In one embodiment, the present disclosure relates to a system for facilitating electronic transaction on an Integrated Transaction Terminal. The system comprises an integrated transaction terminal comprising an identification unit configured to identify one or more users and their payment instruments to be in a predetermined location. The identification unit comprises at least one of NSC receiver, NFC receiver, GPS/AGPS receiver, input unit with or may comprises unique payment instrument identifier like magnetic swipe reader, contact and contact-less smart card reader, at least one form of barcode reader, and input unit etc. The integrated transaction terminal further comprises a processing unit configured to extract record of one of the one or more identified users, payment instrument, device identifier on a display unit configured to display the extracted record of one of the one or more identified users and a multimedia unit configured to capture and verify the user identity. The multimedia unit comprises at least one of voice recording unit, speaker, microphone and motion capturing unit, for example, video camera. Further, the system comprises an authentication unit configured to authenticate the one of the one or more identified users, wherein the authentication unit comprises at least one of encrypted barcode recognition unit, fingerprint recognition unit, iris recognition unit, face recognition unit and voice recognition unit. Also, the integrated transaction terminal comprises a communication unit configured to establish a communication channel between the transaction terminal and a server, wherein the communication unit comprising at least one of Wi-Fi, 3G, 4G, Ethernet and PSTN and a memory unit configured to store information. The system further comprises the server comprising a processor communicatively connected to the processing unit of the transaction terminal to conduct electronic transaction and a database to store the information.

In one embodiment, the present disclosure relates to an integrated transaction terminal connected to a server for facilitating electronic transaction. The integrated transaction terminal comprises an identification unit configured to identify one or more users to be in a predetermined location. The identification unit comprises at least one of NSC receiver, NFC receiver and input unit. The integrated transaction terminal further comprises a processing unit configured to extract record of one of the one or more identified users, a display unit configured to display the extracted record of one of the one or more identified users, an authentication unit configured to authenticate the one of the one or more identified users, wherein the authentication unit comprises at least one of barcode reader, fingerprint reader, iris scanner, motion capturing unit, voice recording unit, a speaker and a microphone. Also, the integrated transaction terminal comprises a communication unit configured to establish a communication channel between the transaction terminal and a server, wherein the communication unit comprising at least one of Wi-Fi, 3G, 4G, Ethernet and PSTN and a memory unit configured to store information. The processing unit is configured to establish a communication channel with the server to conduct electronic transaction.

The aforementioned and other features and advantages of the disclosure will become further apparent from the following detailed description of the presently preferred embodiments, read in conjunction with the accompanying drawings. The detailed description and drawings are merely illustrative of the disclosure rather than limiting, the scope of the disclosure being defined by the appended claims and equivalents thereof.

BRIEF DESCRIPTION OF THE DRAWINGS The features of the present disclosure are set forth with particularity in the appended claims. The embodiments of the disclosure itself, together with further features and attended advantages, will become apparent from consideration of the following detailed description, taken in conjunction with the accompanying drawings. One or more embodiments of the present disclosure are now described, by way of example only, with reference to the accompanied drawings wherein like reference numerals represent like elements and in which:

Fig. 1 illustrates a system for facilitating electronic transaction in accordance with an embodiment of the present disclosure;

Fig. 2A, 2B and 2C illustrate an identification unit, an input unit and communication unit of an integrated transaction terminal in accordance with an embodiment of the present disclosure;

Fig. 3 illustrates a multimedia unit of an integrated transaction terminal in accordance with an embodiment of the present disclosure;

Fig. 4 illustrates an authentication unit of an integrated transaction terminal in accordance with an embodiment of the present disclosure;

Figs. 5, 6 and 7 illustrate a flow-chart showing a method of facilitating electronic transaction in accordance with an embodiment of the present disclosure; Fig. 8 illustrates an exemplary flow-chart showing a method of facilitating electronic transaction in a hospital environment accordance with an embodiment of the present disclosure; and

Fig. 9 illustrates a detailed view of the system for facilitating electronic transaction in accordance with an embodiment of the present disclosure.

The figures depict embodiments of the disclosure for purposes of illustration only. One skilled in the art will readily recognize from the following description that alternative embodiments of the structures and methods illustrated herein may be employed without departing from the principles of the disclosure described herein.

DETAILED DESCRIPTION

The foregoing has broadly outlined the features and technical advantages of the present disclosure in order that the detailed description of the disclosure that follows may be better understood. Additional features and advantages of the disclosure will be described hereinafter which form the subject of the claims of the disclosure. It should be appreciated by those skilled in the art that the conception and specific embodiment disclosed may be readily utilized as a basis for modifying or designing other structures for carrying out the same purposes of the present disclosure. It should also be realized by those skilled in the art that such equivalent constructions do not depart from the spirit and scope of the disclosure as set forth in the appended claims. The novel features which are believed to be characteristic of the disclosure, both as to its organization and method of operation, together with further objects and advantages will be better understood from the following description when considered in connection with the accompanying figures. It is to be expressly understood, however, that each of the figures is provided for the purpose of illustration and description only and is not intended as a definition of the limits of the present disclosure.

Fig. 1 illustrates a system for facilitating electronic transaction in accordance with an embodiment of the present disclosure. The system broadly comprises an integrated transaction terminal 10, and a server 20 connected to the integrated transaction terminal 10 through a network 30. The network 30 may comprise a public network e.g., the Internet, World Wide Web, etc. or private network e.g., local area network (LAN), etc. or combinations thereof e.g., a virtual private network, LAN connected to the Internet, etc. Furthermore, the network 30 need not be a wired network only, and may comprise wireless network elements including, but is not limiting to Wi-Fi, 3G, EDGE, as known in the art. The system also comprises one or more electronic devices 40 connectable to the integrated transaction terminal 10. The integrated transaction terminal 10 is a device which communicates with the server 20 to facilitate electronic transaction. In an exemplary embodiment, the integrated transaction terminal 10 is present with merchant providing services to users. The integrated transaction terminal 10 can be used in establishments, including but not limited to, shops, restaurants, hospitals, college and schools. In addition, the integrated transaction terminal 10 can be portable, which shall be used to conduct transactions at the location of the customer during home delivery etc. Accordingly, the users can be customers in shops and restaurants, patients, guardian of patients in hospitals, students, parents and/or guardians of students in schools/colleges. The integrated transaction terminal 10 can act as a conventional Point of Sale Device, or any portable electronic device including but not limited to a mobile phone, a tablet, a PDA. The portable electronic devices may or may not be connected to a dongle. In an embodiment, the dongle shall comprise the software for connecting to the server and carrying out the transaction. In an exemplary embodiment, the dongle can comprise keypad, at least one of NFC and NSC module, Magnetic Swipe Reader, smart card reader and USB. The dongle when connected to a portable electronic device can be used as an integrated transaction terminal for carrying out frictionless electronic transactions. The integrated transaction terminal 10 includes an identification unit 50, a processing unit 60, a display unit 70, an authentication unit 80, a communication unit 90, a memory unit 100 and a multimedia unit 110. Fig. 2C illustrates a block diagram of the communication unit 90. The communication unit 90 includes but is not limited to the at least one of 3G/ 4G 240, Ethernet 250, Wi-Fi 260, GPRS 270, PSTN 280 and USB 290. An example of the display unit 70 includes, but is not limited to a liquid crystal display (LCD). The electronic devices 40 include, but are not limited to mobile phones, smart card and Near Field Communication (NFC) card. Further, the server 20 comprises a computing unit, for example, a processor 120 to process payments in communication with the integrated transaction terminal 10 and a database 130 to store information including but not limited to user credentials, payment transaction details. For the purpose of convenience, the database 130 of the server 20 and memory unit 100 of the integrated transaction terminal 10 are alternatively termed as storage unit. An example of the storage unit includes, but is not limited to, a Random Access Memory (RAM). In some embodiments, the storage unit can refer to database 130 and in other embodiments, the storage unit can refer to memory unit 100. Further, the term storage unit can be a machine-readable medium, which can be defined as a medium providing data to a machine to enable the machine to perform a specific function. All such medium must be tangible to enable the instructions carried by the medium to be detected by a physical mechanism that reads the instructions into the machine.

Fig. 2A illustrates an identification unit 50 of the integrated transaction terminal 10 in accordance with an embodiment of the present disclosure. The identification unit 50 determines presence of one or more user in a predetermined location like an establishment. The identification unit 50 comprises a Near Sound Communication (NSC) receiver 200, a Near Field Communication (NFC) receiver 210, an input unit 220, and GPS/AGPS receiver 230. As illustrated in Fig. 2B, The input unit 220 comprises unique payment instrument identifiers like magnetic swipe card reader 222, barcode reader 224, contact smart card reader 226, and contactless smart card reader 228. In an embodiment, user has an electronic device 40 with NSC application. When user enters a predetermined location, the NSC receiver 200 of identification unit 50 communicates with the NSC application of the electronic device 40 using sound waves. The NSC receiver 200 then identifies the user based on unique NSC identification of the electronic device 40.

In another embodiment, the user has an electronic device 40 with NFC application. The electronic device 40 with NFC application is tapped on the NFC receiver 210 of the integrated transaction terminal 10. The integrated transaction terminal 10 establishes radio communication with the electronic device 40 and the user of the electronic device 40 is identified.

In another embodiment, the user provides unique identification to be entered on the input unit 220 of the integrated transaction terminal 10. As an example, the input unit 220 can be a keypad. For example, the keypad may be a tactile keypad, or QWERTY keypad, or Touch Screen keypad. The unique identification of the user includes but is not limiting to unique Identification Number, device ID of the user, telco ID, Mobile Subscriber Integrated Services Digital Network Number (MSISDN) number, mobile number and subscriber ID. Upon entering the unique identification on the input unit 220, the user is identified by extracting record of the user.

In addition, the user can be identified by at least one of barcode and fingerprint of the user using a barcode recognition unit 400 and a fingerprint recognition unit 410. For example, when the user enters an establishment, the user provides an input of barcode printed on the electronic device 40 or displayed on screen of the electronic device 40. The barcode recognition unit 400 identifies the user and extracts record of the user. Similarly, when the user enters an establishment, the user provides an input of fingerprint. The fingerprint recognition unit 410 identifies the user based on the input and extracts record of the user. In another embodiment, the user is identified with at least one of the Global Positioning System (GPS), Wi-Fi, Assisted Global Positioning System (AGPS). When the user enters a predetermined location, the identification unit 50 communicates with the electronic device 40 of the user using signals received from at least one of GPS, AGPS and Wi-Fi. The identification unit 50 then identifies the user based on the signals received from the electronic device 40. In an exemplary embodiment, the GPS application in the electronic device 40 transmits GPS coordinates which are detected by the GPS/ AGPS receiver 230 of the identification unit 50. In another exemplary embodiment, the Wi-Fi application in the electronic device 40 transmits the range of the Wi-Fi network, which is detected by communication unit 90 of the integrated transaction terminal 10 etc.

Further, the user can be identified by a unique payment instrument identifier like card reader 222, 226, 228 or a barcode reader 224. The card reader can be any reader including but not limiting to magnetic swipe card reader 222, contact smart card reader 226 and contactless smart card reader 228 etc. When a user enters an establishment and arrives at the payment counter, the user can be identified using any of the devices being carried by the user like magnetic swipe cards, smart cards, electronic device comprising a unique barcode or payment instruments comprising a unique barcode etc.

Fig. 3 illustrates the multimedia unit 110 of the integrated transaction terminal 10 in accordance with an embodiment of the present disclosure. The multimedia unit 110 of the integrated transaction terminal 10 is configured to capture identity of a user. The multimedia unit 110 comprises a voice recording unit 300, a speaker 310, a microphone 320 and a motion capturing unit 330. For example, the motion capturing unit 330 is a video camera.

Fig. 4 illustrates the authentication unit 80 of the integrated transaction terminal 10 in accordance with an embodiment of the present disclosure. The authentication unit 80 authenticates the users before initializing the payment transaction. Also, the authentication unit 80 authenticates the device of the merchant which receives the payment from the user, i.e. the integrated transaction terminal 10. The authentication unit 80 can verify at least one of barcode assigned to the user, location of the user, fingerprint, IRIS, voice and face of the user. The authentication unit 80 comprises a encrypted barcode recognition unit 400, a fingerprint recognition unit 410, a voice recognition unit 420, an IRIS recognition unit 430, a face recognition unit 440 and a device fingerprint unit 450.. In an embodiment, the device fingerprinting unit 450 uses unique identification number of semiconductor chips in a device and generates a unique fingerprint number (also referred to as unique device ID) for the device. The server authenticates the transactions being carried out from the device using the generated unique device ID. Now, a general payment transaction scenario is explained, which makes use of aforesaid modules. These modules work with each other to authenticate and approve the transaction. In the following paragraph inter-relation between these modules are explained with help of an exemplary embodiment. However, this embodiment should not be construed as limitation on the present disclosure. The process begins when the user visits the establishments like shops, restaurants etc for the first time, the user is registered with the establishment. The registration comprises entering of the user details in the database 130 or the memory unit 100. The details of the users including biometric information and other unique identification are stored in the database 130 or the memory unit 100. The details can include but is not limiting to, name, mobile number, barcode and other unique identifications like MSISDN number, telco number and subscription number. Further, the user details can also include biometric information including but not limited to face, IRIS, fingerprint, and voice. When a user enters a predetermined area or a location, the identification unit 50 determines the presence of the user. Once the presence of users is determined, the identification unit 50 communicates with the processing unit 60 of the integrated transaction terminal 10 to extract the details of the determined users. The processing unit 60 either extracts the details of the determined users locally from the memory unit 100 of the integrated transaction terminal 10. In the alternative, if the user details are not present in the memory unit 100, the processing unit 60 extracts the details of the determined users remotely from the database 130 by communicating with the server 20. The processing unit 60 receives the details from at least one or memory unit 100 and the database 130 and displays the received data on the display unit 70 of the integrated transaction terminal 10. Based on the requirement, one of the users is selected from the displayed list of users on the display unit 70. In an embodiment, the input unit 220 in the identification unit 50 is used to select a user from the displayed list of users. The input unit can be a keypad or a touch screen. Once the user is selected, payment confirmation is received from the user by the multimedia unit 110. The confirmation can be a verbal confirmation or a pictorial confirmation of the user willing to make the payment. The multimedia unit 110 then transmits the confirmation to processing unit 60 which stores the confirmation in the memory unit 100 or the database 130. Further, at least one type of unique identification of the user is captured using the multimedia unit 110 and/or the authentication unit 80. The unique identification includes but is not limited to face, IRIS, voice, fingerprint, barcode etc. As soon as the unique identification is captured, the processing unit 60 receives the captured input and instructs the authentication unit 80 to compare the captured identification with information of user stored in at least one of the memory unit 100 and the database 130. The authentication unit 80 performs the comparison and provides results. In addition, the authentication unit 80 authenticates the unique device ID and location ID of the device from which user makes the payment. Also, in an embodiment, the authentication unit 80 authenticates the unique device ID and location ID of the integrated transaction terminal 10 through which the payment is received from user. The location of the electronic device 40 and the integrated transaction terminal 10 is identified using GPS/AGPS receiver 230. If the authentication is successful, the processing unit 60 establishes a communication channel with the server 20 and conducts transaction on the established communication channel. Additionally, the transaction details are stored in the database 130 by the processing unit 60.

Figs. 5, 6 and 7 illustrate a flow-chart showing a method of facilitating electronic transaction in accordance with an embodiment of the present disclosure. As illustrated in Fig. 5, the user enters a predetermined area/location, for example, a shop, a restaurant etc at step 500. Then, the integrated transaction terminal 10 determines presence of the one or more users in the predetermined area at step 502. Upon determining the one or more users to be in the predetermined area, the record of the one or more users is extracted and displayed on the display unit 70 of the integrated transaction terminal 10 at step 504. In an embodiment, the display unit 70 displays name of the one or more users along with their photographs. When one of the one or more determined users is ready for payment, the user is identified using the photograph of the user displayed on the integrated transaction terminal 10 at step 506. Upon identifying the user, payment confirmation is received from the identified user at step 508. In an embodiment, a verbal payment confirmation can be received from the user through the microphone 320 configured in the multimedia unit 110 and stored in storage unit using voice recording unit 300. In another embodiment, photo of the user is captured using the motion capturing unit 330 and stored along with time stamp in the storage unit. The user is then authenticated using at least one biometric information of the user including but not limited to voice, face, fingerprint and IRIS at step 510. In an embodiment, at least one biometric information of the user is captured using devices including but not limited to voice recording unit 300, motion capturing unit 330, barcode recognition unit 400, fingerprint recognition unit 410, IRIS recognition unit 430, and face recognition unit 440. When at least one biometric information is captured, the information is automatically processed by the processing unit 60 of the integrated transaction terminal 10. Upon detecting input of biometric information, the processing unit 60 compares the input biometric information with the biometric information stored in the storage unit. Upon comparison, the processing unit provides appropriate results. If the authentication is successful, a communication channel is established between the integrated transaction terminal 10 and the server 20 at step 512 and transaction is conducted over the channel at step 514. Lastly, the transaction details are stored along with the payment confirmation in the database 130 of the server 20 at step 516.

Fig. 6 illustrates an exemplary method of facilitating electronic transaction in accordance with an embodiment of the present disclosure. As illustrated in Fig. 6, users enter a predetermined area at step 600. In this embodiment, the user has an electronic device 40 configured with NSC application at step 602. The NSC receiver 200 of the integrated transaction terminal 10 determines the presence of user based on unique NSC identification of the electronic device 40 at step 604. When the NSC identification of the user is matched with the NSC identification stored in the storage unit, the record of the user is extracted from the storage unit and displayed on the display unit 70 of the integrated transaction terminal 10 at step 606. In an embodiment, name and photo of the user is displayed on the display unit 70. Then, a user wishing to make payment is selected from the one or more users displayed on the display unit 70 at step 608. Confirmation of payment is received from the selected user and stored in at least one of memory unit 100 or database 130 at step 610. In an embodiment, a verbal payment confirmation can be received from the user through the microphone 320 configured in the multimedia unit 110 and stored in storage unit using voice recording unit 300. In another embodiment, photo of the user is captured using the motion capturing unit 330 and stored along with time stamp in the storage unit. Upon receiving payment conformation, authentication of the user is performed using biometric information at step 612. The authentication is performed using at least one of a barcode recognition unit 400, a fingerprint recognition unit 410, a voice recognition unit 420, an IRIS recognition unit 430 and a face recognition unit 440. The user may be authenticated by matching at least one of face, fingerprint, voice, IRIS of the user and barcode associated with the user. In an exemplary embodiment, if the face and voice of the user has a 70% match with the face and voice of the user stored in the storage unit, then authentication is successful at step 614. If the authentication is successful, a communication channel is established, and transaction is conducted on the established channel at step 616. Finally, the transaction details are stored along with payment confirmation received from the user at step 618. In the alternative, if the matching index is less than 70% for any of the biometric information, then the payment is rejected by the integrated transaction terminal 10 at step 620. However, the merchant may opt to reject the transaction or accept the transaction manually at step 622. Accepting the transaction may however involve some risk as the user is not authenticated properly.

Fig. 7 illustrates an exemplary method of facilitating electronic transaction in accordance with an embodiment of the present disclosure. As illustrated in Fig. 7, user enters a predetermined area at step 700. In this embodiment, the user provides unique identification to the merchant. The unique identification is entered on the integrated transaction terminal 10 at step 702. In an exemplary embodiment, the unique identification can include but not limited a unique identification number, device ID of the user, telco ID, MSISDN number, mobile number and subscriber ID of the user. The integrated transaction terminal 10 extracts the record of the user based on the unique identification and displays the record on the display unit 70 of the integrated transaction terminal 10 at step 704. In an embodiment, name and photo of the user is displayed on the display unit 70. Confirmation of payment is received from the selected user and stored in the storage unit. In an embodiment, a verbal payment confirmation can be received from the user through the microphone 320 configured in the multimedia unit 110 and stored in storage unit using voice recording unit 300. In another embodiment, photo of the user is captured using the motion capturing unit 330 and stored along with time stamp in the storage unit. The capturing of photo or recording the verbal payment confirmation ensures non-repudiation. The user cannot dispute, at later point of time, having conducted the transaction. Upon receiving payment confirmation, authentication of the user is performed using biometric information at step 710. The authentication is performed using at least one of a barcode recognition unit 400, a fingerprint recognition unit 410, a voice recognition unit 420, an IRIS recognition unit 430 and a face recognition unit 440. The user may be authenticated by matching at least one of face, fingerprint, voice, IRIS of the user and barcode associated with the user. In an exemplary embodiment, if the face of the user has at least 70% match with the face of the user stored in the storage unit, then authentication is successful at step 712. Also, if the fingerprint of the user has a 100% match with the fingerprint of the user stored in the storage unit, then authentication is successful. If the authentication is successful, a communication channel is established, and transaction is conducted on the established channel at step 714. Finally, the transaction details are stored along with payment confirmation received from the user at step 716. In the alternative, if the matching index is less than 70% for any of the biometric information, then the transaction is rejected by the integrated transaction terminal 10 at step 718. However, the merchant may opt to reject the transaction or accept the transaction manually at step 720. Accepting the transaction may however involve some risk as the user is not authenticated properly.

Fig. 8 illustrates an exemplary flow-chart showing a method of facilitating electronic transaction in a hospital establishment accordance with an embodiment of the present disclosure.

In this exemplary embodiment, when a patient visits hospital, the hospital provides a band with unique patient ID at step 800. This unique patient ID can be a unique barcode which is an example of user unique identification. When daily rounds are performed, the nurse scans the unique barcode on the band using the integrated transaction terminal 10 at step 802. Upon scanning the barcode, the record of the patient, i.e. patient history is displayed on the display unit 70 of the integrated transaction terminal 10. Based on the patient record, appropriate medical tests are prescribed by the nurse at step 804. In an embodiment, the processing unit 60 of the integrated transaction terminal 10 comprises an application to identify the medical tests required for different problems of patient. Once the medical tests are prescribed, the display unit 70 of the integrated transaction terminal 10 displays the amount for the prescribed tests at step 806. The patient then chooses to pay for the tests using at least one of mobile wallet, debit card, credit card etc at step 808. The patient details are then updated in the storage unit at step 810 and an appointment is scheduled for the patient for taking medical tests at step 812. Once the tests are taken, the doctor views the report of the patient on the integrated transaction terminal 10 at step 814. In an embodiment, the doctor uses the application in the processing unit 60 of integrated transaction terminal 10 to prescribe medicines at step 816. The integrated transaction terminal 10 displays total amount for the prescribed medicines on the display unit 70 at step 818. Again, the patient chooses to pay for the tests using at least one of mobile wallet, debit card, credit card etc at step 820. Upon payment, the medicines are delivered to the patient at step 822. Finally, the details of the patient are updated in the storage unit at step 824.

This exemplary embodiment allows the processing in hospitals to be simplified. The patient is not required to stand in queues for making payment, buying medicines, for medical tests etc. the doctors and nurses will come to patient room and finish all the procedures. Similarly, the method of the present invention can be applied to retail stores, restaurants and other establishments. Fig. 9 illustrates a detailed view of the system for facilitating electronic transaction in accordance with an embodiment of the present disclosure. The figure illustrates all the components of the system for facilitating electronic transaction. In addition to the components illustrated in Fig. 1, the integrated transaction terminal 10 comprises a user space programming and configuration interface. The interface may include but is not limited to Java Virtual Machine (JVM) or similar Software Development Environment or Compiled Software or Interpreter environment, Application Programming Interface (API's), web server and messaging interface. The user space programming and configuration provides application for maintaining inventory and accounting ledger, and performing taxation and billing. Further, the interface comprises application specific suites for different verticals including but not limited to grocery store, hospital, restaurant, campus management.

Further, for processing the payment, the integrated transaction terminal 10 comprises a payment acceptance interface. The interface comprises a magnetic slot reader, on which payments can be accepted by swiping debit cards, credit cards etc. The payment acceptance interface also provides for mobile payment. The mobile payment can be done by using 4G encrypted messaging, Internet, encrypted Short Messaging Service (SMS), General Packet Radio Service (GPRS) or mobile OTA- Wallet server.

This written description uses examples to disclose the invention, including the best mode, and also to enable any person skilled in the art to practice the invention, including making and using any devices or systems and performing any incorporated methods. The patentable scope of the invention is defined by the claims, and may include other examples that occur to those skilled in the art. Such other examples are intended to be within the scope of the claims if they have structural elements that do not differ from the literal language of the claims, or if they include equivalent structural elements with insubstantial differences from the literal languages of the claims.

Claims

Claims:

A method of facilitating electronic transactions on an Integrated Transaction Terminal, the method comprising steps of:

determining one or more users to be in a predetermined location; extracting record of one of the one or more determined users and displaying the extracted record on a display unit configured in the transaction terminal, wherein the record comprises at least one of user unique identification, user payment instruments, and biometric information related to the user;

identifying the one of the one or more determined users using the extracted record;

receiving payment confirmation from one of the one or more identified users through at least one of a motion capturing unit and a voice recording unit configured in the transaction terminal;

authenticating the one of the one or more identified user using biometric information and unique device ID and location ID of the user, wherein the authentication is performed by an authentication module of the transaction terminal;

authenticating the unique device ID and location ID of the integrated transaction terminal by the authentication module of the integrated transaction terminal;

storing the received payment confirmation from one of the one or more identified users in a database and establishing a communication channel between the transaction terminal and a server; and

conducting the electronic transaction on the established communication channel using at least one of user payment instruments and user unique identification.

The method as claimed in claim 1 further comprising storing the electronic transaction corresponding to the stored payment confirmation on at least one of a memory unit of the Integrated Transaction Terminal and the database.

3. The method as claimed in claim 1, wherein identifying the one or more users is performed by at least one of Near Sound Communication (NSC), Near Field Communication (NFC), Global Positioning System (GPS), Assisted Global Positioning System (AGPS), card reader, barcode reader and manually using unique identification of the user.

The method as claimed in claim 1, wherein the record is extracted from at least one of an electronic device, memory unit of the transaction terminal and database of the transaction server.

The method as claimed in claim 1, wherein authenticating the one of the one or more identified users comprises:

capturing biometric information of the one of the one or more identified users in the transaction terminal; and

comparing the captured biometric information with the extracted record of the one of the one or more identified users.

identifying the unique device ID and location ID of the device of the user;

verifying the identified unique device ID and location ID of the device of the user.

The method as claimed in claim 1, wherein authenticating the integrated transaction terminal comprises:

identifying the unique device ID and location ID of the integrated transaction terminal;

verifying the identified unique device ID and location ID of integrated transaction terminal.

The method as claimed in claim 1, wherein the biometric information is selected from at least one of voice data, fingerprint, user image and iris image of the user.

9. The method as claimed in claim 1, wherein the user unique identification is selected from a group comprising unique Identification Number, device ID of the user, telco ID, MSISDN number, mobile number and subscriber ID.

10. The method as claimed in claim 1, wherein the communication channel between the transaction terminal and the server is established using at least one of WiFi, GPRS, 3G, 4G, USB, Ethernet and Public Switching Transmission Network (PSTN).

11. The method as claimed in claim 1, wherein storing the confirmation from the one of the one or more identified users comprises at least one of recording voice of the user and capturing an image of the user with date and time during the payment confirmation.

12. The method as claimed in claim 1, wherein the transaction terminal transmits offer and discount information to the users based on behaviour of the users and transactions carried out by the users. 13. A system for facilitating electronic transaction on an Integrated Transaction Terminal, said system comprising:

an integrated transaction terminal comprising:

an identification unit configured to identify one or more users to be in a predetermined location, wherein the identification unit comprises at least one of NSC receiver, NFC receiver, GPS/AGPS receiver, and input unit;

a processing unit configured to extract record of one of the one or more identified users;

a display unit configured to display the extracted record of one of the one or more identified users, wherein the display unit enables user of the Integrated Transaction Terminal to visually identify the one or more user identity;

a multimedia unit configured to capture user identity, wherein the multimedia unit comprises at least one of voice recording unit, speaker, microphone and motion capturing unitwherein the motion capturing unit is configured as one of camera and face recording unit; an authentication unit configured to authenticate the one of the one or more identified users and the integrated transaction terminal , wherein the authentication unit comprises at least one of encrypted barcode recognition unit, fingerprint recognition unit and iris recognition unit, face recognition unit ,voice recognition unit and device fingerprint unit;

a communication unit configured to establish a communication channel between the transaction terminal and a server, wherein the communication unit comprising at least one of WiFi, GPRS, 3G, 4G, Ethernet, USB and PSTN; and

a memory unit configured to store information, the server comprising:

a processor communicatively connected to the processing unit of the transaction terminal to conduct electronic transaction; and

a database to store the information.

The system as claimed in claim 13, wherein the transaction terminal is communicatively connected to an electronic device, said electronic device is associated with a user.

The system as claimed in claim 14, wherein the electronic device comprises at least one of smart card, NFC card and mobile phone.

The system as claimed in claim 13, wherein a mobile phone with a dongle is configured to function as the Integrated transaction terminal, wherein the mobile phone comprises the authentication unit, the processing unit, the display unit, the multimedia unit, a keypad interface and a memory unit, wherein the dongle comprises the identification unit, input unit and the communication unit.

The system as claimed in claim 13, wherein information comprises at least one of list of users identified, record of user, and data relating to the electronic transaction.

The system as claimed in claim 13, wherein the input unit comprises unique payment instrument identifiers selected from at least one of magnetic swipe card reader, barcode reader, chip card reader, contact smart card reader, and contactless smart card reader.

19. The system as claimed in claim 13, wherein the input unit is a keypad unit of the integrated transaction terminal.

20. The system as claimed in claim 13, wherein the integrated transaction terminal is configured to perform as Point of Sale (POS) device.

21. An integrated transaction terminal connected to a server for facilitating electronic transaction, the integrated transaction terminal comprises:

an identification unit configured to identify one or more users to be in a predetermined location;

a processing configured to extract record of one of the one or more identified users;

a display unit configured to display the extracted record of one of the one or more identified users;

a multimedia unit configured to capture user identity, wherein the multimedia unit comprises at least one of voice recording unit, speaker, microphone and motion capturing unit;

an authentication unit configured to authenticate the one of the one or more identified users and the integrated transaction terminal, wherein the authentication unit comprises at least one of encrypted barcode recognition unit, fingerprint recognition unit and iris recognition unit, device fingerprint unit, face recognition unit and voice recognition unit;

a memory unit configured to store information,

wherein the processing unit is configured to establish a communication channel with the server to conduct electronic transaction.

22. The integrated transaction terminal as claimed in claim 21 comprises at least one of NSC receiver, NFC receiver, GPS receiver, AGPS receiver, and input unit for inputting the unique identification of the user.

23. The integrated transaction terminal as claimed in claim 22, wherein the input unit comprises unique payment instrument identifiers selected from at least one of magnetic swipe card reader, barcode reader, contact smart card reader, and contactless smart card reader.

24. The integrated transaction terminal as claimed in claim 22, wherein the input unit is a keypad unit of the integrated transaction terminal.

25. The integrated transaction terminal as claimed in claim 21, wherein a mobile phone with a dongle is configured to function as the Integrated transaction terminal, wherein the mobile phone comprises the authentication unit, the processing unit, the display unit, the multimedia unit, a keypad interface and a memory unit, wherein the dongle comprises the identification unit, input unit and the communication unit.

26. The integrated transaction terminal as claimed in claim 21 is assigned with unique device ID

27. The integrated transaction terminal as claimed in claim 21, wherein the display unit is selected from at least one of Liquid Crystal Display (LCD), Light Emitting Diode display (LED), and Organic Light Emitting Diode (OLED) .

28. The integrated transaction terminal as claimed in claim 21 is a portable device.