A transponder-reader payment system includes a fob including a transponder, and a RFID reader for interrogating the transponder. In exemplary operation, the fob identifying information may be presented to the RFID reader for completion of a transaction request. The transaction request may be provided to a fob issuer system which retrieves a value for satisfying the transaction request from a fob associated transaction data file. The issuer system may deplete the transaction data file in accordance with the transaction request and replenish the data file in accordance with fob user or fob issuer defined reload protocol.

Title
System and method for selecting load options for use in radio frequency identification in contact and contactless transactions
Application Number
10/318432
Publication Number
20040010449
Application Date
December 13, 2002
Publication Date
January 15, 2004
Inventor
John R Williamson
Jersey City
NJ, US
Kristin L VonWald
South Jordan
UT, US
Sejal Ajit Shah
New York
NY, US
Kathryn D Scheding
New York
NY, US
Peter D Saunders
Salt Lake City
UT, US
Trevor J Perry
West Jordan
UT, US
Alexandra Mayers
New York
NY, US
Susan E Isenberg
New York
NY, US
Matthew C Hood
Wayne
PA, US
Jennifer Anne Elwood
New York
NY, US
David Bonalle
New Rochelle
NY, US
Michal Bliman
Matawan
NJ, US
Michael J Berardi
Ft Lauderdale
FL, US
Agent
One Arizona Center
AZ, US
Snell & Wilmer
AZ, US
IPC
H04Q 05/22
G06F 17/60
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