Patents by Inventor Ralph Reccia

Ralph Reccia has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Secure, stored-value systems and methods of transferring monetary values in one or more transactions to a specific receiving device
    Patent number: 6039247
    Abstract: Methods and systems for encoding encrypted monetary values onto transfer vehicles include one or more payment, encoder, and encrypter devices, and, associated with each designated receiving device such as a wireless telephone, a reader, decoder, and decrypter device for deciphering the data from the transfer vehicles, and, under appropriate conditions, for transferring the monetary values encoded and encrypted on the transfer vehicle into memory associated with the designated receiving device. Once such monetary values are transferred to the receiving device, the transfer vehicle cannot be used to transfer the same monetary value again even though the transfer vehicle is not modified during the transfer process.
    Type: Grant
    Filed: December 19, 1997
    Date of Patent: March 21, 2000
    Assignee: Xico, Inc.
    Inventors: Ralph Reccia, Arthur C. Smith