Patent filed for voice-directed payment system

Patent Filed for Voice-Directed Payment System

Oxford-based NXT-ID, which sells the Wocket smart wallet, has filed a provisional patent for a voice-directed payment system.

NXT-ID is a biometric authentication company focused on the mobile commerce market. With this patent, the company is introducing a new payment method where accounts can be selected via voice recognition and the payment account may be accessed only if the speech (the word associated with the payment account) and the speaker (a biometric) are both recognized.

Once recognized, payment is directed to an appropriate interface. The patent also introduces the concept of “voice cards,” which are alias names given by a user to describe specific private information such as credit and debit cards, further enhancing security as well as convenience.

“We are very excited to offer this new convenient and secure method to make payments,” said David Tunnell, chief technology officer of NXT-ID, in a statement. “We’ve all been there — waiting in line as we fumble through our wallets to find the right card or information. With this invention, we not only secure your data by recognizing you are who you say you are from your voice, but we also provide an extremely convenient way for you to select how you wish to pay.”

The technology works with current technologies, but also can enhance security and provide a path for more convenient and more secure future payment technologies, company officials said.

“Convenience to access your private data is just as important as securing your private data,” Tunnell said. “With this invention, you may simply ask for a specific payment account and the account is programmed to an appropriate emulator that emulates the account selected. To make it even more convenient, the voice may be recognized and emulated on the same device, such as a cell phone or our Wocket smart wallet, or recognized on one device and directed to another device such as a watch or a reprogrammable smart card like our WocketCard to then make the payment.”

NXT-ID’s Wocket was recognized as one of the top technology products at the 2015 Consumer Electronics Show by multiple outlets including The Wocket works anywhere credit cards are accepted and only works with the owner’s biometric stamp of approval.

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