Security Swipe System

摘要

The present invention is a security and fraud prevention system which utilizes and controls security devices and uses short message text (SMS) notifications to enhance the security of point-of-sale credit or debit card transactions, using card swipe terminals at retail checkout stations. The invention, through the use of the System's firmware programmed on and located within the card swipe terminal, directs a remote digital camera located at the point-of-sale checkout station, to take a simultaneous photo of the respective cardholder, each time a credit or debit card is swiped at that checkout station. The photo is time stamped and stamped with the identical transaction number and transaction information, which is otherwise generated by the swipe terminal when the credit or debit card is swiped and details of the transaction are transmitted to the VPN for purchase authorization. The time stamped and fully identified photo is then stored on a remote server located on merchant's premises, for possible retrieval and use in the event of a fraudulent transaction. When the VPN receives the transaction for authorization from the participating merchant, it will be instructed to send an SMS text message to the cardholder. The SMS text message will alert the cardholder that its card has been used and ask whether or not that transaction has been attempted by the cardholder. If the cardholder responds yes, the transaction goes through as authorized. If the cardholder answers no, an additional prompt will ask the cardholder again, whether or not the cardholder is certain that the transaction is not theirs. If the no is confirmed, the VPN will alert the merchant that a fraudulent transaction has taken place and cancels the card to prevent future fraudulent use. The present invention then allows the merchant to retrieve the photo identification of the transaction and the perpetrator, to be used for possible prosecution of the violator and to create an in-house database of violators to be used by the merchant's security officers.

主权项

1. A security and credit card fraud prevention system utilizing a remote digital camera, connected by firmware, to the credit card swipe terminal located at the point-of-sale checkout station and cardholder alerts via short messaging systems (SMS) provided on smartphones and/or iPhones to captures and memorialize potential fraudulent transaction and alerts the cardholder to possible fraudulent use of its credit or debit card, at the time of the transaction.