Apparatus and method for commercial transactions using a communication device

Abstract

An apparatus for effecting a commercial transaction with a remote transaction server using a payment device via a communication device is provided. The apparatus includes a transaction device coupled with the communication device for capturing information stored on said payment device and a controller for converting the captured information into encrypted information and for transmitting the encrypted information to the communication device. The communication device delivers the encrypted information to the remote transaction server for processing the commercial transaction.

1 - 16 . (canceled) 
     
     
         17 . An apparatus for effecting a commercial transaction between an input device and a remote transaction server using a communication device, said apparatus comprising:
 an input device for reading information stored on a digital wallet and for transmitting said information to the remote transaction server via a network;   wherein the remote transaction server processes said information to effect said commercial transaction.   
     
     
         18 . An apparatus according to  claim 17 , wherein said digital wallet is selected from a group consisting of a smart phone, a wearable device, a tablet or any combination thereof. 
     
     
         19 . An apparatus according to  claim 17 , wherein said digital wallet comprises a cryptocurrency account. 
     
     
         20 . An apparatus according to  claim 17 , wherein the network comprises at least one link selected from the group consisting of a wired connection, a wireless connection, an analog channel, a digital channel, Bluetooth connection, a USB connection, a Wi-Fi connection and any combination thereof. 
     
     
         21 . An apparatus according to  claim 17 , wherein said input device receives transaction validation information from said remote transaction server. 
     
     
         22 . An apparatus according to  claim 17 , wherein said input device comprises a device selected from a wireless communication device, a landline phone, a mobile phone, a cellular phone, a personal digital assistant (PDA), a Smart Phone™, a Blackberry™, an iPhone™, an iPad™, a wearable device and a tablet. 
     
     
         23 . An apparatus according to  claim 17 , wherein said input device comprises a user interface for receiving additional transactional information, said user interface selected from the group consisting of: an alphanumeric keypad, a touch screen, a fingerprint scanner, an optical scanner, a signature pad, a proximity detector, an audio recording device, a camera and any combination thereof. 
     
     
         24 . An apparatus according to  claim 23 , wherein said additional transactional information comprises a password, Personal Identification Number (PIN), a facial recognition, a biometric recognition and any combination thereof. 
     
     
         25 . A method for effecting a commercial transaction between an input device and a remote transaction server via a network, the method comprising the steps of:
 capturing, said input device, information stored on a digital wallet;   transmitting, via the network, said information said remote transaction server for processing said commercial transaction.   
     
     
         26 . A method according to  claim 25 , wherein said digital wallet is selected from a group consisting of a smart phone, a wearable device, a tablet or any combination thereof. 
     
     
         27 . A method according to  claim 25 , wherein said digital wallet comprises a cryptocurrency account. 
     
     
         28 . A method according to  claim 25 , wherein the network comprises at least one link selected from the group consisting of a wired connection, a wireless connection, an analog channel, a digital channel, Bluetooth connection, a USB connection, a Wi-Fi connection and any combination thereof. 
     
     
         29 . A method according to  claim 25 , wherein said input device receives transaction validation information from said remote transaction server. 
     
     
         30 . A method according to  claim 25 , wherein the input device comprises a device selected from a wireless communication device, a landline phone, a mobile phone, a cellular phone, a personal digital assistant (PDA), a Smart Phone™, a Blackberry™, an iPhone™, an iPad™, a wearable device and a tablet. 
     
     
         31 . A method according to  claim 25 , wherein said input device comprises a user interface for receiving additional transactional information, said user interface selected from the group consisting of: an alphanumeric keypad, a touch screen, a fingerprint scanner, an optical scanner, a signature pad, a proximity detector, an audio recording device, a camera and any combination thereof. 
     
     
         32 . A method according to  claim 31 , wherein said additional transactional information comprises a password, Personal Identification Number (PIN), a facial recognition, a biometric recognition and any combination thereof.