{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-8473414","patent":{"patent_number":"US-8473414","title":"System and method including chip-based device processing for transaction","assignee":null,"inventors":[],"filing_date":"2011-04-08T00:00:00.000Z","publication_date":"2013-06-25T00:00:00.000Z","cpc_codes":["G06Q","G06Q","G06Q"],"num_claims":25,"abstract":"Present embodiments are directed to a server computer. The server computer establishes a first channel of communication to receive payment device data in a first format (e.g., chip type) and establishes a second channel to receive the payment device data in a second format (e.g., legacy type). The server computer receives an authorization request message in the second format from a merchant and generates a new authorization request message in the first format. The server computer then forwards the new authorization request to the issuer for approval."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"System and method including chip-based device processing for transaction","description":"Present embodiments are directed to a server computer. The server computer establishes a first channel of communication to receive payment device data in a first format (e.g., chip type) and establish","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-8473414","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-8473414","citation_suggestion":"Patentable. \"System and method including chip-based device processing for transaction\" (US-8473414). https://patentable.app/patents/US-8473414","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-8473414","json":"https://patentable.app/api/llm-context/US-8473414","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-30T18:49:07.577Z"}