УСТРОЙСТВО С НЕСКОЛЬКИМИ ИДЕНТИФИКАТОРАМИ

Изобретение относится к платежным системам. Технический результат заключается в повышении безопасности. Способ применения устройства пользователя включает первый блок памяти, содержащий первый маркер транзакции, и второй блок памяти, содержащий второй маркер транзакции, причем первый и второй маркеры транзакции связаны с идентификатором счета для счета пользователя, при этом способ включает прием серверным компьютером первого сообщения с запросом авторизации, определение серверным компьютером того, что первый маркер транзакции был использован в первом канале для транзакций, отправку серверным компьютером указания о проверке маркера, прием серверным компьютером второго сообщения с запросом авторизации, определение серверным компьютером того, что второй маркер транзакции был использован во втором канале для транзакций, отправку серверным компьютером указания о том, что второй маркер транзакции проверен, со вторым сообщением с запросом авторизации. 3 н. и 17 з.п. ф-лы, 7 ил.

Auswählen einer kontaktlosen Zahlungskarte

Es wird ein Ansatz für Verkaufsgegenstände unter Verwendung von kontaktlosen Zahlungsmitteln bereitgestellt (Kreditkarten und Guthabenkarten, Schlüsselanhänger, Smartcards oder andere Mittel). Der Ansatz ruft die kontaktlosen Zahlungsidentifizierer auf, die jeweils ein separates Zahlungskonto, das der Nutzer verwendet, betreffen. Einer der kontaktlosen Zahlungsidentifizierer wird basierend auf einem oder mehreren Auswahlkriterien, wie einen Nutzer und finanzielle Anreize, ausgewählt. Der Ansatz zahlt ferner für Einkäufe unter Verwenden des Zahlungskontos, das dem ausgewählten kontaktlosen Zahlungsidentifizierer entspricht.

Verfahren zum Abrechnen elektronischer Geldbörsensysteme auf Chipkarten

Communication systems and the "travel pass"

An electronic travel pass system

A user has the choice between three different cards, namely a plain, non-contact operated card, a card equipped with a readout window showing the result after each transaction, and thirdly a considerably thicker card which permits code entry via push buttons on the surface of the card. The three card types are useable in a uniform Reader Terminal of the system.

An electronic travel pass

PORTABLE TERMINAL DEVICE FOR EXAMPLE FOR FINANCIAL TRANSACTIONS

Defferred prepayment for utility services

MANAGEMENT OF INDENTITIES IN A TRANSACTION INFRASTRUCTURE

Deferred prepayment for utility services.

A system for purchasing utility services by prepayment comprises; a prepayment meter for dispensing utility services; connection means forcconnecting an eletric purse to the prepayment meter, and a selection facility for selecting a quantity of funds available in the eletronic purse to be utilised for the purchase of utility services, a processor enables the meter to dispense utility services to the value of the seleced quantity of funds, todecrement a credit balance in the eletronic purse by the selected quantity of funds, and to accumulate the selected quantity of funds in a storage memory in the eletronic purse.

MANAGEMENT OF INDENTITIES IN A TRANSACTION INFRASTRUCTURE

MANAGEMENT OF INDENTITIES IN A TRANSACTION INFRASTRUCTURE

PROCEDURE AND DEVICE FOR A TRAVELREFERRED MULTI-FUNCTIONAL SMART CARD

PROCEDURE FOR ACCOUNTING FOR ELECTRONIC PURSE SYSTEMS

Credit card rewards program system and method

User experience on mobile phone

A method of operating a mobile phone as a financial transaction instrument is provided Security features, which can disable the mobilE phone so as to prevent account information from being transmitted, incorporate transaction limits and the use of a personal identification number.

ADAPTOR FOR MAGNETIC STRIPE CARD READER

System and method for integrated circuit card data storage

Dual function medical benefits card

The invention is generally directed to methods of conducting transactions using a dual function card that is transacted amongst a processor in communication with a point of sale: receiving a message including: an indicia of the card and identifiers of goods; identifying a closed loop account and amount, a schedule of eligible goods, and an open loop account and amount; determining eligible goods and a purchase amount; comparing the purchase amount to the amount in the closed loop account, and if the purchase amount is less than or equal to value in the closed loop account, authorizing the transaction. Upon a determination that the purchase amount is less than the amount in the closed loop account, determining if the value in the open loop account is greater than or equal to the deficit, and if so, deducting all value from the closed loop account and the deficit from the open loop account.

MULTIPLE VIRTUAL WALLETS IN WIRELESS DEVICES

A system having a wireless device (14) capable of monitoring and tracking its own usage and account activities is disclosed. The wireless device (14) includes an account management application (30) and accounting applications (32). The account management application (30) manages a variety of accounts in conjunction with the accounting applications (32) and is used by a user to determine how each call/transaction is to be paid for. For example, the user of the wireless device (14) may wish to pay for business calls using a first account and personal calls using a second account.

MULTIPLE VIRTUAL WALLETS IN WIRELESS DEVICES

A system having a wireless device (14) capable of monitoring and tracking its own usage and account activities is disclosed. The wireless device (14) includes an account management application (30) and accounting applications (32). The account management application (30) manages a variety of accounts in conjunction with the accounting applications (32) and is used by a user to determine how each call/transaction is to be paid for. For example, the user of the wireless device (14) may wish to pay for business calls using a first account and personal calls using a second account.

AUTOMATED DEVICE FOR CHANGING AUTHENTICATION CODE

Methods and systems for changing an authentication code are described. An automated device provides a sequence of interfaces. The automated device communicates with a server to exchange data, which is used to dynamically populate one or more of the interfaces in the sequence. The interface sequence includes: a home interface providing a plurality of selectable options for performing an action related to an account; a current authentication code interface for receiving a current authentication code for the account; a new authentication code interface for receiving a new authentication code for the account; a fourth interface providing output indicating processing of the change of authentication code; an acknowledgement interface indicating completion of the change of authentication code; and a record preview interface providing a preview of a record of the session, the record preview interface further providing an option to generate output of the record.

MULTI-SCHEME PAYMENT INTEGRATED CIRCUIT CARD, PAYMENT SYSTEM, AND PAYMENT METHOD

A system for effecting a financial transaction via multiple payment schemes from a single payment integrated circuit (IC) card is provided. The system comprises a payment IC card compatible with a payment card standard, the payment IC card having one or more selectable presets each identified by an identifying value; a wallet server storing, in association with respective identifying values, user payment scheme accounts of one or more payment schemes; and a vendor payment system configured to facilitate transactions in accordance with the payment card standard, wherein the wallet server is configured to receive an identifying value from the vendor payment system, and further wherein the wallet server is configured to effect a financial transaction with a user payment scheme account stored in association with an identifying value matching the identifying value received from the vendor payment system.

SYSTEMS AND METHODS FOR MULTI-USE ACCOUNT SYSTEM

The present disclosure relates to an account system for optimizing transactions for a user. In one implementation, the system may include at least one processor and a storage medium storing instructions that, when executed, configure the at least one processor to perform operations. The operations may include receiving, from the merchant system, merchant information for the transaction, retrieving, based on the account number, a database record from a database, the database record comprising the plurality of financial accounts associated with the user and user preferences, determining financial account data associated with each of the plurality of financial accounts, determining, using an optimization algorithm, a preferred financial account from the plurality of financial accounts based on the financial account data, the user preferences, and the merchant information, and selecting, based on the determination, the preferred financial account to complete the transaction.

SMARTCARD PAYMENT SYSTEM AND METHOD

The present disclosure relates generally to the field of providing a computer-implemented system and method that provides a secure universal electronic transaction card-based payment system. The system provides consumers the ability to conveniently, securely and safely use a single physical universal electronic transaction card, in a standard ISO-7810 credit card form factor that will be accepted at any standard POS device. A multiplicity of transaction account numbers, applets and or tokens are stored in a secure element from which the consumer can transact from any of their credit, debit, pre-paid, club access cards, gift cards, rewards and loyalty cards accounts, using either, Mag Stripe, EMV, or NFC at existing POS terminals, in such a way that only the legitimate owner of the electronic transaction card can activate, provision and unlock the electronic transaction card for use via biometric identification. After the use of the electronic transaction card all information is locked, ...

THE SYSTEM AND METHOD OF CONTACTLESS AUTHORIZATION OF A PAYMENT

The system consists of a POS terminal (6), a secure ele-ment (2), a mobile communication device (1) with a display and a key-board, such as a mobile phone. The mobile communication device (1) is equipped with a removable memory card (3), in which there are at least two physically separate secure elements (2) located. The mobile commu-nication device (1) is connected to the POS terminal (6) through a con-tactless transmission channel (5) and at least one secure element (2) on the removable memory card (3) contains a payment card unit (9). The re-movable memory card (3) contains a NFC communication element (7). The system can also encompass a separate carrier (13) for PIN entering. The carrier (13) is energetically supplied from the field of the received electromagnetic field. During the payment's authorization, the managing unit (4) in the mobile communication device (1) activates a corresponding secure element (2) with the chosen payment card unit (9) on the remov-able memory card (3).

THE SYSTEM AND METHOD OF CONTACTLESS AUTHORIZATION OF A PAYMENT

The system consists of a POS terminal (6), a secure ele-ment (2), a mobile communication device (1) with a display and a key-board, such as a mobile phone. The mobile communication device (1) is equipped with a removable memory card (3), in which there are at least two physically separate secure elements (2) located. The mobile commu-nication device (1) is connected to the POS terminal (6) through a con-tactless transmission channel (5) and at least one secure element (2) on the removable memory card (3) contains a payment card unit (9). The re-movable memory card (3) contains a NFC communication element (7). The system can also encompass a separate carrier (13) for PIN entering. The carrier (13) is energetically supplied from the field of the received electromagnetic field. During the payment's authorization, the managing unit (4) in the mobile communication device (1) activates a corresponding secure element (2) with the chosen payment card unit (9) on the remov-able memory card (3).

SYSTEM AND METHOD FOR PROVIDING SMART ELECTRONIC WALLET AND RECONFIGURABLE TRANSACTION CARD THEREOF

A smart electronic wallet with reconfigurable multiple-account transaction card is provided. The system and method provide measures for storing a plurality of account identifiers from a plurality of traditional single-use transaction cards into a storage memory in a smart wallet. The system and method also provide for storing a reconfigurable multiple- account transaction card within the smart electronic wallet and allowing for it to be dynamically and selectively reconfigured for any one of the plurality of account identifiers stored within the smart electronic wallet. Additionally, a consumer is able to initiate a transfer or trade of transaction cards across different smart electronic wallet devices.

SYSTEMS AND METHODS FOR PROVIDING PRE-PAID MULTICARDS

The disclosed embodiments include methods and systems for validating, funding, activating, and reloading one or more configurable multicards. The disclosed embodiments may include a method that may include obtaining user authentication information relating to a first user associated with an inactivated multicard that is configurable for use for purchases and is configured with a zero multicard account balance amount. The method may include obtaining multicard configuration information including a unique multicard identification information that identifies the inactivated multicard and a first multicard account balance amount for the inactivated multicard. The method may also include validating the inactivated multicard using the unique multicard identification information and associating the inactivated multicard with a multicard account having the first multicard account balance that is funded from a financial account associated with the first user.

METHOD AND SYSTEM FOR MEDIATING TRANSACTIONS THAT USE PORTABLE SMART CARDS

The invention provides a method and system for employing a communication system to mediate a transaction involving one of a plurality of files and programs corresponding to a plurality of applications residing on a single smart card. The invention uses a smart card gateway which provides a transparency in the communication between a caller station and a subscriber station and subscriber host associated with one of the applications. The smart card gateway facilitates transactions involving smart cards, and permits completed transactions to be recorded on the smart card as well as stored in a database associated with the smart card gateway.

결제 시스템, 전자 장치 및 전자 장치의 결제 방법

... 본 발명의 다양한 실시 예에 따른 전자 장치는, 사용자 명령을 입력받는 입력 모듈, 외부 장치와 통신하는 통신 모듈 및 사용자로부터 금융 서비스가 요청되면 결제 서버로 금융 서비스와 관련된 토큰을 요청하고, 결제 서버로부터 토큰 및 금융 서비스와 관련된 서비스 정보가 수신되면 토큰 및 서비스 정보를 이용하여 금융 서비스를 제공하기 위한 데이터를 생성하도록 설정된 제어 모듈을 포함할 수 있다. 또한, 다른 실시 예도 가능하다.

지불 시스템 및 지불 카드 사용을 관리하는 방법

... 모바일 장치에서, 모바일 장치에 저장된 선호되는 지불 애플리케이션을 판매자에게 할당하는 방법으로서, 상기 방법은 모바일 장치에서 판매자의 선택을 수신하는 단계; 선호되는 지불 애플리케이션의 선택을 수신하는 단계; 및 애플리케이션 식별자 및 판매자 식별자를 포함하는 레코드를 생성함으로써 지불 애플리케이션을 판매자에 맵핑하는 단계를 포함한다.

PERSONAL IDENTIFICATION NUMBER AT ACCOUNT LEVEL

A system and method provide access to financial accounts. In one embodiment, a PIN at account level system includes a PIN assigned to a financial account. The PIN is different from a PIN of another financial account. The PIN at account level system further includes allowing access to the financial account by confirmation of the PIN assigned to the financial account when the PIN is provided.

SINGLE PAYMENT DEVICE FOR MULTIPLE PAYMENT ACCOUNTS

SMART WALLET

A user's smart phone is used for payments and holding information, similar to what is contained in a physical wallet. Depending on transaction details, user preferences, and location, one or more "best" funding instruments for the transaction are selected for the user, who may then revise if desired. Access to different functions or information within the phone may vary and require different authentication/security levels depending on type of use (e.g., payment or non-payment) and details of use (e.g., high payment amount vs. low payment amount, use of sensitive information vs. non-sensitive information).

DEVICE WITH MULTIPLE IDENTIFIERS

A device stores multiple identifiers meant for specific uses. For example, multiple transaction tokens can reside on different parts of a user device. Each transaction token can be compatible for use with a transaction channel (e.g., contact, contactless, and card-not-present, telephone-order, mail-order, in-app, etc.). A transaction can be terminated based on a transaction token being utilized in an inappropriate transaction channel, which limits the chances that a compromised transaction token can be successfully utilized for fraud. In some cases, the user device may be a transaction card or a mobile phone.

METHOD AND SYSTEM FOR ACCOUNT HOLDERS TO MAKE, TRACK AND CONTROL VIRTUAL CREDIT CARD NUMBERS USING AN ELECTRONIC DEVICE

A method and system that allows an account holder to create secure single and multi-use virtual credit account numbers from electronic devices, such as smart phones, tablets, computers and so forth. In addition, the method and system allows non-editable virtual credit card images to be created in another name from an administrator's account, which is perfect for employer/employee card creation, and electronically transmitted to an intended recipient. Secure virtual credit account numbers may be sent via email as a card image or SMS text message. An account holder or appointed administrator may establish restrictions on usage of a recipient's, such as an employee's, virtual credit card and the account holder may change those restrictions or disable the virtual credit card at any time from an electronic device, such as a smart phone, tablet, computer and so forth.

CREDIT CARD REWARDS PROGRAM SYSTEM AND METHOD

A platform and program for enhancing the value and desirability of a credit card (or other payment product) to a card holder and encouraging increased use of the card as a payment device by rewarding the card holder based not only on qualifying purchases but on miles traveled in connection with travel ticket or travel pass purchases. The inventive program leverages qualifying transaction information and other data (e.g., Level 3 Data) which automatically flow with such transaction information. The rewards redeemed by the card holder according to the inventive platform and program are not tied to a particular provider of goods or services, and reward fulfillment is managed through the card issuer or its fulfillment agent.

Portable hand-held multi-function device for storing, managing and combining rewards

A system and method for operating a reward points accumulation and redemption program wherein a user earns reward points from a plurality of independent reward points issuing entities, with each tracking the user's earned reward points in a user reward point account stored on a multi-function card (such as a frequent flyer account or a credit card loyalty account). The multi-function card is adapted to aggregate some or all of the user's earned reward points from the reward accounts and credit the aggregated points into a single reward exchange account on the multi-function card. The user may then select an item for purchase with the accumulated reward points from the multi-function card. The item is provided to the user in exchange for a subset or all of the reward points from the multi-function card.

Universal funds transfer and identification card

A universal funds transfer and identification card for use with electronic terminals, such card including a random access memory for storing up to date account information sufficient to allow the completion of at least certain transactions without the intervention of a remote computer. The card includes a plurality of storage fields, selectively addressable for storing changeable information including account balance, total amount of transactions since last update of balance, and date of last update. The information necessary for authorizing and completing a transaction is addressed by a universal terminal for transfer to the terminal from the card. The terminal is adapted to determine the credit status of the account from the information contained on the card, perform the transaction if allowed, and update the information on the card so that the card is, itself, a record of the type and status of the account.

Systems and methods for offering wireless financial accounts

Systems and methods consistent with the invention may offer a new financial account having a balance transfer sub-account for implementation onto a customer's wireless purchasing device. The purchasing device may have a wireless transmitter that may communicate account information stored on the purchasing device to a service terminal. Based on the account information received by the service terminal, the system may obtain the terms of the customer's current account associated with the purchasing device. The system may then determine the terms of the new account for offering to the customer. If the customer accepts the offered account, the terminal may then wirelessly reprogram the purchasing device with the information of the new account and transfer the balance of the customer's original account to the balance transfer sub-account of the new account.

Portable e-wallet and universal card

Universal cards are used in place of all the other traditional cards which a person may want to carry. The universal card can include a short range communications transceiver to communicate with a mobile device. The mobile device can include a user interface and an e-wallet application so that the user can interface with the e-wallet application for programming the universal card via the short range communication link. Once programmed, the universal card emulates a function of a traditional card.

MOBILE DEVICE CONTACTLESS PAYMENTS

Devices and systems for performing contactless payments. The devices are configured such that account issuers have increased flexibility, and such that the systems and methods are extensible to encompass new technologies.

Adaptor for magnetic stripe card reader

An adaptor allows a magnetic stripe card reader to receive information from other media such as wireless proximity chip cards while maintaining the ability to receive a magnetic stripe card. In accordance with one embodiment, the adaptor includes a simulacrum structure of sufficiently narrow width to fit substantially permanently within the slot of the magnetic stripe reading device, while providing sufficient room for a magnetic stripe card to also be concurrently accommodated within the slot and read by the reader head. The simulacrum structure may be in electronic communication with one or more transceivers of wireless communications such as RF and IR.

MULTI-PURPOSE TRANSACTION CARD AND ASSOCIATED METHODS AND SYSTEMS

An approach for associating a card (e.g., a transaction card, an identification card, etc.) that corresponds to a primary account with one or more ancillary accounts (e.g., a library account, etc.) includes obtaining information from the card and associating that information with an ancillary account. The card may then be used to access the ancillary account. The card may be a transaction card and the primary account may be a financial account. The ancillary account may be a library account. When the card is a transaction card, fees associated with the ancillary account may be charged to the financial account. 1. A method for managing accounts , comprising:receiving information from a transaction card, wherein the transaction card is associated with a first account;generating a secure hash using at least a portion of the information from the transaction card;determining whether the generated secure hash matches an account secure hash of a second account;identifying the second account as being associated with the information when the account secure hash of the second account matches the generated secure hash, the second account comprising information; andretrieving at least a portion of the information from the second account in response to identifying the second account as being associated with the information.2. The method of claim 1 , further comprising:storing one or more fees associated with the second account as second account information.3. The method of claim 2 , further comprising:requesting payment of the one or more fees associated with the second account from a card administrator for the transaction card.4. The method of claim 1 , further comprising:in response to not identifying a second account associated with the information from the transaction card,associating a second account with the transaction card.5. The method of claim 4 , wherein associating the second account with the transaction card comprises associating at least one of a new account and an ...

SELECTING A TRANSACTION CARD FOR A TRANSACTION BASED ON CHARACTERISTICS OF THE TRANSACTION

An example electronic wallet device may include a plurality of card slots configured to hold transaction cards, each card slot, of the plurality of card slots, including a card reader, and the plurality of card slots holding at least two transaction cards; and one or more processors to receive transaction information associated with a transaction at a transaction terminal, select a transaction card, of the at least two transaction cards based on the received transaction information, and/or provide a transaction token, associated with the selected transaction card to be used in connection with the transaction terminal to process the transaction.

SECURING ACCESS TO GROUP ACCOUNTS ON A COMPUTER SYSTEM

A system, method, and computer program to implement Public Key Infrastructure (“PKI”)-based access controls on a computing device independently of the operating system's user identification and authorization system. A software application on a standalone, non-networked computing device detects a “smart card” with a PKI certificate identifying the card holder. The identity of the card holder is verified against a registry stored on the computing device separately from the operating system's user identification and authorization system. Verification of the identity of the card holder results in setting the state of the computer system as “authorized” or “unauthorized.” In the unauthorized state, user input and viewing of information is prevented. The software application may thus identify individual smart card holders and provide secure access to data and resources, and track authorized and unauthorized access on computing devices that must remain in an “always logged in” state.

COMBINED PAYMENT/ACCESS-CONTROL INSTRUMENT

Methods and systems permit monitoring behavior of a holder of a multifunction presentation instrument that is suitable for presentation by the holder in support of payment transactions and access transactions. A payment transaction involves a purchase by the holder using funds identified by the multifunction presentation instrument. An access transaction involves an authorization for the holder to enter a restricted area. A first communication received at a host system has transaction details of an attempted payment transaction initiated by the holder, and a second communication received at the host system has transaction details of an attempted access transaction initiated by the holder. These transaction details are stored in a data store and analyzed to identify potentially suspicious behavior by the holder.

SINGLE ENTRY COMBINED FUNCTIONALITY

Computer-implemented methods are provided for receiving information corresponding to a transaction, where the information is received one time. Two or more functions associated with the information can be determined, and two or more functions can be concurrently and automatically executed without additional interaction.

Data communication apparatus and method for managing memory in the same

A plurality of services are defined for one service memory field (overlap service), and a plurality of access methods, such as "only read" and "read/write", are set in the service memory field. When an overlap service is defined, a PIN code may be set to each service. For example, when two services "read" and "read/write" can be started corresponding to a service memory field, two PIN codes are set.

Transaction card assembly

Provided are approaches for providing multiple user accounts in a same transaction card assembly. The transaction card assembly may include a first card including a first card first side opposite a first card second side, the first card first side including a first pair of magnetic stripes and the first card second side including a first pair of identification chips. The transaction card assembly may further include a second card coupled to the first card, the second card including a second card first side opposite a second card second side, the second card first side including a second pair of magnetic stripes, and the second card second side including a second pair of identification chips. The first and second cards are slidable relative to one another between multiple positions to selectively expose and cover each identification chip of the first and second pairs of identification chips.

PAYMENT MODULE, PAYMENT METHOD, PROGRAM, AND INFORMATION-RECORDING MEDIUM

Provided is a payment module capable of allowing a total amount of money dispersedly recharged for a plurality of kinds of prepaid values to be used for a payment regardless of which of the prepaid values is used for the payment. An IC chip (22) stores a plurality of kinds of electronic values, and subtracts an amount of money that is equal to or more than a difference between a balance of an electronic value of the plurality of kinds of electronic values that is used for a payment and a payment amount as a total from balances of electronic values of the plurality of kinds of electronic values that are not used for the payment. The IC chip (22) adds the subtracted amount of money to the balance of the electronic value to be used for the payment, and subtracts the payment amount from the balance after the addition.

System, method and apparatus for value exchange utilizing value-storing applications

A system, method and apparatus for exchanging value using a smart card in a financial transaction is disclosed. The system includes a smart card having a contact interface and a contactless interface interactive with a closed purse application and an open purse application controlled by a microprocessor. The closed purse application contains application-specific value, while the open purse contains general value. The application-specific value and general value are each compatible within the system of the invention to perform and settle the financial transaction. The financial transaction may include the smart card communicating with a load terminal or a transaction terminal to add or change the amount of value on the smart card. Further, the present invention include auto-load functionality for adding an amount of value to the smart card. Additionally, applications such as a transportation application and a loyalty application are described. Further, the invention includes an access system ...

METHOD FOR MANAGING A CARD

The invention is a method for managing card (10) participating to a payment transaction with a terminal. The card comprises a profile data set (51) defining two or more card payment profiles, and is configured to have at most one activated card payment profile at a time. The card comprises a payment profile repository (52) comprising two or more records (91), each of said records comprising a profile field (11) identifying a card payment profile, and one or more criterion fields (12), each of the criterion fields identifying a selection criterion. The method comprises the following steps: - getting a transaction parameter (71) intrinsic to the payment transaction, - identifying a target record comprising a selection criterion matching said transaction parameter then activating the card payment profile identified by the target record; and - performing internal treatments required for participating to the payment transaction using the activated card payment profile.

リアルタイム決済の許可

IC CARD SYSTEM

PURPOSE: To attain various operations of an IC card system together with an existing bank account system by loading an IC card into an input/output terminal connected by on-line to a main bank storing an ordinary account and an IC card account. CONSTITUTION: A host computer of a main bank stores an IC card account as well as an ordinary account for each customer. An IC card contains a storage memory which includes a secret zone, a debt area, a credit area, a remittance area, a basic information area, etc. When an on-line transaction is carried out via an ATM set at the bank side, the money can be paid and received in an ordinary way. In a purchase mode at stores, etc., the IC card is put into an IC card reader/writer 30 connected to a register or the bank host computer. Thus the amount of purchase is compared with the balance information stored in the storage memory. If acknowledgement is secured from said comparison, the amount of purchase is paid through the IC card account of the bank ...

ИНТЕЛЛЕКТУАЛЬНЫЙ КОШЕЛЕК

... 1. Способ для выполнения платежной транзакции путем использования пользовательского устройства, содержащий:получение указания о желании пользователя произвести платеж;доступ к счету пользователя у платежного провайдера с помощью процессора платежного провайдера;определение процессором, какой или какие из множества связанных со счетом инструментов финансирования использовать для платежа на основе по меньшей мере одного из предпочтений пользователя, информации о транзакции и местоположения пользователя; иобработку платежа с использованием одного или более инструментов финансирования.2. Способ по п. 1, дополнительно содержащий получение от пользователя пользовательских предпочтений, в котором определение частично основано на предпочтениях пользователя.3. Способ по п. 1, в котором множество инструментов финансирования включает в себя одну или несколько кредитных карт, дебетовых карт, подарочных карт и купонов.4. Способ по п. 1, в котором определение включает в себя выбор по меньшей мере двух ...

Method of paying for items or goods by means of a portable data carrier

First the control process stores predetermined actuation of operating element of second terminal. With further connections of data carrier to first terminal, new data are transmitted from terminal to data carrier and are compared with stored second data. Only when successful comparison is made, and with stored actuation, is amount of money corresponding to second data transmitted from memory to first terminal.- DETAILED DESCRIPTION - The method uses a portable data carrier which has a control unit (21) and a first memory (23) for storing data representing an amount of money. A second memory (25) stores data representative of an amount of money to be paid out. After writing in the first data, the device is brought into operative connection with a terminal of the provider of the goods to write in the second data i.e.the cost of the goods. It is then brought into contact with a second terminal of the goods provider. This terminal has operating elements and a display. In accordance with a predetermined ...

EIN VERKAUFSAUTOMAT, EIN VERKAUFSSYSTEM UND VERFAHREN ZU DESSEN BETRIEB

Method for sending digital data in a noisy environment

Duo card

subdivisions/tokens of the total amount in money cards

Selecting a contactless payment card

Communications systems and the "Travel Pass"

An electronic travel pass

Portable terminal device, for example, for financial transactions

A portable self-contained hand- held terminal device (XATR) for Financial Transactions is adapted for use with one or more data storage and transfer cards (DSTCs) and other external devices, such as point of sale terminals. The transaction device includes a keyboard (211) for entering transaction data and control information, a store (251) for temporarily storing transaction data, and logic (251) for performing arithmetic, logical, and control operations. The logic includes a store for storing predetermined programs which are activated by instructions entered by means of the keyboard (211). Also included are a display (213) for selectively displaying transaction data and means (262, 264) for transferring selected data from the transaction device into suitable storage means located in the external device and into at least one DSTC. Account balance data in one DSTC may be credited while account balance data in another DSTC is debited as a result of the transaction. ...

SYSTEM FOR THE EXECUTION OF TRANSACTIONS WITH A MULTI-FUNCTION CARD WITH ELECTRONIC STOCK EXCHANGE

System and method for transferring value to a magnetic stripe on a transaction card

Multiple account card and transaction routing

MICROPAYMENT FINANCIAL TRANSACTION PROCESS UTILIZING WIRELESS NETWORK PROCESSING

Apparatus, system, and method for operating a digital transaction card

Apparatus (512, 514, 516, 520) on a Digital Transaction Card (DTC) (518), the apparatus (512, 514, 516, 520) including a Digital Transaction Processing Unit (DTPU) (520) operable for executing an instruction from a standard command protocol, wherein the DTC (518) is operable to store one or more scripts (504), each script (504) including one or more instructions from the standard command protocol, the DTC (518) further operable to cause the DTPU (520) to execute the one or more instructions.

Apparatus and method for directly communicating with a digital transaction processing unit (DTPU)

The present invention relates to at least digital transaction apparatus including a Data Assistance Device (DAD) including, a user interface that is operable to at least select data, and a DAD transmitter, a Digital Transaction Card (DTC), including a Digital Transaction Processing Unit (DTPU), and a DTC receiver, wherein the DAD and DTC are operable to transfer data from the DAD to the DTC and when subsequently using the DTC to effect a digital transaction, the DTC operates in accordance with the data selected and transferred from the DAD to the DTC, and wherein the DTPU is operable to receive and execute commands that, when executed, allows the writing of data directly to secure memory of the DTPU.

Smart card wallet

Electronic payment system having several calculation units, electronic payment means, as well as a method for electronic payment

Payment devices having multiple modes of conducting financial transactions

Payment cards and also the systems and methods for securely managing financial transactions using the payment cards are provided. In one implementation, a payment card includes a first component incorporated into a plastic substrate, wherein the first component is configured to provide details of a first substitute account associated with a cardholder's valid credentials. The payment card also includes at least one additional component incorporated into the plastic substrate. Each of the additional components is configured to provide details of at least one additional substitute account associated with the cardholder's valid credentials. Each substitute account includes details that are distinct from the details of each of the other substitute accounts. Also, at least one of the substitute accounts is provided to a merchant for conducting a financial transaction with the merchant.

APP CARD-LINKED REPRESENTATIVE CARD, AND PAYMENT SYSTEM AND PAYMENT METHOD THEREOF

Abstract The present invention relates to a representative card linked with app cards, a payment system and a method thereof. The payment system comprises: a customer terminal which is connected to a card company server system through an app or web and is capable of replacing a main payment card with one selected among at least one or more app cards registered in the app or web in real time; a standard representative card which can be used online or offline as the representative of the app cards; an authorization network in which an authorization or purchase request is made based on the representative card; and a card company server system which performs an authorization or purchase process based on the main payment card of the registered app cards linked with the representative card.

SYSTEMS AND METHODS FOR PROVIDING A RF TRANSACTION DEVICE FOR USE IN A PRIVATE LABEL TRANSACTION

HYBRID CREDIT CARD TRANSACTION SYSTEM

... ²²²A hybrid credit card transaction system that processes transactions as either ²virtual standard transactions directed through a clearing house or as virtual ²closed loop transactions bypassing the clearinghouse, is disclosed. The system ²includes a logic enabled merchant that directs virtual closed loop ²transactions and directs them to an affiliated acquiring entity which acquires ²the virtual closed loop transactions and routes them directly to an affiliated ²card issuing entity so as to bypass the clearinghouse. The affiliated card ²issuing entity debits virtual standard transactions to a credit card account ²and virtual closed loop transactions to a private label account. The logic ²enabled merchant, associated acquiring entity and the associated card entity ²may be affiliated by participation in an Internet site that promotes ²transactions between small businesses and merchants selling wholesale goods. A ²reduction in processing fees accrued when bypassing the clearinghouse promotes ...

PAYMENT CARD HAVING LIGHT-EMITTING DIODE INDICATORS COORDINATED WITH STORED PAYMENT APPLICATIONS

In an IC (integrated circuit) card, a selection signal is received from a user- actuatable switch to select between two different payment card accounts, each represented by a respective account indicator number stored in the IC component of the card. In response to the selection signal, a light-emitting diode indicator on the IC card is illuminated to indicate selection of a corresponding one of the payment card accounts.

USER EXPERIENCE ON MOBILE PHONE

A method of operating a mobile phone as a financial transaction instrumen t is provided Security features, which can disable the mobilE phone so as to prevent account information from being transmitted, incorporate transaction limits and the use of a personal identification number.

SYSTEM AND METHOD FOR MAKING ELECTRONIC PAYMENTS FROM A WIRELESS MOBILE DEVICE

There is disclosed a system and method of making an electronic payment from a wireless mobile device In an embodiment, the method comprises providing an electronic wallet, the electronic wallet having a persistent store for storing data for one or more payment cards and a wallet security module configured to verify authorized access to the electronic wallet, and permitting access to the data for one or more payment cards stored in the electronic wallet upon verification of authorized access by the wallet security module In an embodiment, the wallet security module is configured to store one or more of a password and biometric data, and the method further comprises comparing any subsequently input password or biometric data to a password or biometric data previously supplied by the authorized user and stored m the wallet security module, and if the comparison matches or is within an acceptable range, then permitting access to the data for one or more payment cards stored in the electronic ...

PORTABLE CONSUMER DEVICE WITH FUNDS TRANSFER PROCESSING

A portable consumer device with funds transfer processing systems and methods are disclosed. A sending entity may initiate a money transfer from one portable consumer device, such as a credit or debit card, to another portable consumer device through a money transfer system. A sending entity may initiate a payment request and the money transfer system may prompt the sending entity to use one of a plurality of payment account identifiers it possess. A recipient entity is defined by either an alias or a recipient entity personal account identifier. Additionally, an unregistered recipient entity may return a claim code to the money transfer system to claim a money transfer.

ELECTRONIC WALLET APPARATUS, METHOD, AND COMPUTER PROGRAM PRODUCT

Registration information for a plurality of consumers is obtained at an electronic wallet platform. A mechanism is provided to integrate the electronic wallet platform with a plurality of merchants. Via the electronic wallet platform, a given one of the consumers is afforded an option to select from multiple methods to pay for a transaction with a given one of the merchants. The multiple methods are based, at least in part, on the registration information. At least one of the multiple methods includes a virtual card number. Further steps include obtaining, from the given one of the consumers, a selection of the virtual card number for payment for the transaction; and providing the given one of the merchants with the virtual card number.

SMART WALLET

A user's smart phone is used for payments and holding information, similar to what is contained in a physical wallet. Depending on transaction details, user preferences, and location, one or more "best" funding instruments for the transaction are selected for the user, who may then revise if desired. Access to different functions or information within the phone may vary and require different authentication/security levels depending on type of use (e.g., payment or non-payment) and details of use (e.g., high payment amount vs. low payment amount, use of sensitive information vs. non-sensitive information).

INTEGRATED POINT-OF-SALE MULTIPLE APPLICATION SYSTEM

Systems and methods are disclosed wherein a single set of consumer items may be purchased by debiting any of a plurality of accounts stored on a smart ca rd. According to an embodiment disclosed herein, a point-of-sale terminal includes a terminal processor, an item identification device, a terminal memory, and a smar t card reader. The item identification device may include a conventional UPC bar code reader adapted to read UPC bar codes on consumer items. A cost table and a plurality of item tables are electronically stored in terminal memory. The cost table associates each item identifier (UPC bar code) with a corresponding cost. Each item table contains a list of item identifiers, and may optionally associat e specific item identifiers with corresponding accounts. Each item table is unique ly identified using an item table identifier. The terminal memory, item identificat ion device, and smart card reader are all coupled to the terminal processor. A smart card is equipped with smart ...

A VENDING MACHINE, A VENDING SYSTEM AND METHODS FOR OPERATING SAME

A vending machine (100) for serving a plurality of customers, each having a payment card, which includes a vending unit (102) for storing and displaying an accessible inventory (112A-112N) and for selectively enabling and barring free access of a customer to aplurality of items therefrom (106), a card payment unit (103) which upon receipt of a payment card from a customer, validates, prior to said enabling, that the payment card can be charged for the value of the accessible inventory, and which charges, after the barring, the payment card with a sum in accordance with items removed from the accessible inventory by the customer and a control unit (105) for coordinating the operation of said vending unit (100) and said card payment unit (103).

Systems, methods, and computer readable media for providing for secure offline data transfer between wireless smart devices

According to one aspect of the subject matter described herein, a method for registering wireless smart devices for secure offline data transfer is provided. The method includes, for an application configured to execute on a wireless smart device and that requires access to information regarding an account that does not reside on the wireless smart device, register, at a server having access to the information regarding the account, a first wireless smart device has an account owner device (AOD) for operating in an online mode for obtaining the information regarding the account from the server and for operating in an offline mode for transferring the information regarding the account to at least one additional device via a secure offline data transfer using near field communications (NFC). The method further includes registering, at the server, at least one second wireless smart device as an account sharer device (ASD) for operating in an offline mode for receiving the information regarding ...

Retail unit and retail method

Chip-card for use by e.g. employer of catering industry, has purses coded to inform on identity of holder, nature and part of used budget as well as date and hour of transaction by electronic payment terminal

L'innovation réside dans l'utilisation de plusieurs porte-monnaie sur une seule carte à puce et dans son mode de gestion et de contrôle simplifiés. Caractérisé par son application en remplacement des bons et titres cadeaux ou restaurant et caractérisé par une gestion facilité d'évènements propres à chaque organisme utilisateur, sans multiplication de supports ou de fournisseurs. (l'utilisation de la carte dispense de l'émission de bons, chèques, titres divers.., émanant de prestataires différents) Principalement : différents budgets à buts sociaux, culturels ou de restauration sont gérés sur la même carte, par un seul et même prestataire avec un contrôle instantané par voie télématique. Aucune justification n'est à fournir par le porteur de la carte quant à son utilisation, puisque chaque porte-monnaie est codé et n'est utilisable que chez les commerçants affiliés et référencés partype d'événement.

METHOD, DEVICE AND SYSTEM FOR INFORMATION BASED AUTOMATED SELECTIVE DATA HANDLING AND PROVISION BY IDENTIFICATION MEANS

In general, the present invention purposes a method for automated information based selective data provision by an identification device is provided. Information data associated with a plurality of data records stored in a data storage are scanned in order to obtain filter information relating to the plurality of data records from the informational data. Then at least one data record out of the plurality of data records is selected. The selection of the data records is obtained on the basis of the obtained filter information which are compared with a predefined filter rule for identifying relevant data records which match with the filter rule. The at least one selected data record is subsequently configured at the identification device and the identification device provides at least one configured data record as an identification information to be retrievable wirelessly by an external inquiring entity. Further general aspects of the present invention relate to a method for automated information ...

METHOD OF INSTALLING A MANAGEMENT APPLICATION AND METHOD OF MANAGING DATA OF APPLICATIONS OF A MEMORY AREA CONTAINED ON A SECURITY MODULE ASSOCIATED WITH A MOBILE TERMINAL, ASSOCIATED SECURITY MODULE, MOBILE TERMINAL AND SERVER

The invention relates to a method of installing a management application for data of applications of a first type contained in a security module associated with a mobile terminal, said security module comprising a module (ISD) for managing secure memory areas (SD2) able to receive applications (AP2) of a second type accessible through a telecommunications network (R) via management keys and through an apparatus (B) of second type according to a protocol of second type. According to the invention, the data of applications of first type are stored in a memory area (MMF) of first type accessible through an apparatus (BM) of first type according to a protocol of first type, and the method comprises the creation of a secure memory area (SDl) associated with a part of the memory area of first type, and the installing in the area created, of a management application (PGC) able to access data of the part of the memory area of first type. The invention relates also to a security module (120) and ...

METHOD AND APPARATUS FOR SECURE IMPORT OF INFORMATION INTO DATA AGGREGATION PROGRAM HOSTED BY PERSONAL TRUSTED DEVICE

Embodiments in accordance with the present invention allow financial or other confidential information to be securely imported in electronic form into a PTD. The information to be imported is first encrypted. The encrypted information is then transmitted from a source to the PTD. The encrypted information is then stored by the PTD. A decryption key is sent to the PTD user in a manner establishing a strong non-repudiation scheme. For example, the decryption key could be sent from a second device, or through a second communication channel separate and distinct from the first communication channel. Utilizing the decryption key delivered through the second communication channel, the user is able to decrypt and access the information in the PTD for transactional purposes.

ADAPTOR FOR MAGNETIC STRIPE CARD READER

An adaptor allows a magnetic stripe card reader to receive information from other media such as wireless proximity chip cards while maintaining the ability to receive a simulacrum (28) structure of sufficiently narrow width to fit substantially permanently within the slot (8) of the magnetic stripe reading device, while providing sufficient room for a magnetic stripe card to also be concurrently accommodated within the slot and read by the reader head (10). The simulacrum structure may be in electronic communication with one or more transceivers (22) of wireless communications such as RF and IR.

MULTIPLE VIRTUAL WALLETS IN WIRELESS DEVICES

A system having a wireless device capable of monitoring and tracking its own usage and account activities is disclosed. The wireless device includes an account management application and accounting applications. The account management application manages a variety of accounts in conjunction with the accounting applications and is used by a user to determine how each call/transaction is to be paid for. For example, the user of the wireless device may wish to pay for business calls using a first account and personal calls using a second account.

METHOD FOR USING CHIP CARD MEMORY UNITS

The invention relates to an additive method for using electronic memories of chip cards which are linked to terminals and exchange energy and data, with and/or without contacts. When a chip card exchanges data with a terminal of a first institution, the terminal provides the chip card with a identifier and the chip card supplies the terminal with a identifier. The terminal loads a number of use units and/or money units together additively into the memory of the chip card under the identifier. The terminal then makes the use units/money units available together to a second institution. This second institution is able to clearly determine the first institution and an account and/or cardholder from the data it receives and can then credit the use units/money units.

TRANSIT BEST FARE SYSTEM AND METHOD

A mass transit system of a transit authority automatically determines and applies the lowest possible transit fare to a patron's account, thereby releasing the patron from decisions leading to the most cost effective fare instrument for his or her transit pattern. A fair fare system and method utilizes the transit authorit's existing hardware infrastructure, i.e., mainframe, vendors, gates, smart card and Point of Issue (POI) devices, with additinoal processing mechanisms for determining the best fare over rolling time periods. Because a relatively large storage capacity of the fare instrument is required, smart cards are employed for use with the fare fair system.

SYSTEM AND METHOD FOR SECURING FINANCIAL TRANSACTIONS

A financial transaction system utilizes multi-factor authentication to secure financial transactions. The system comprises a portable transaction device (e.g. a wireless phone) which is used to program the magnetically or electronically reprogrammable stripe of a magnetic stripe card or the memory of a smart card. A single-use account number may be used to program the card. The device provides a biometric authentication and secondary authentication using a secondary wireless device.

System and method for integrated circuit card data storage

A system and method for obtaining and storing information in an integrated circuit card is provided for use in a transaction over different environments. The card includes a memory unit having data records including formatted and unformatted fields, preferably comprising a name field, a data field and a security level field. The formatted fields are accessible, using generic labels and the unformatted fields are accessible using a non-generic label.

Smart wallet

A service provider provides one or more “best” total value suggestions for one or more items specified by a user. The suggestions are based on one or more of user preferences, user location, available funding options, available local merchant incentives, available manufacturer incentives, and local merchants offering the item. In one embodiment, the “best” total value is the lowest price available to the user. The user may make a purchase using a suggestion or a revised suggestion.

Portable hand-held multi-function device with multiple transaction and reward accounts

A system and method for operating a reward points accumulation and redemption program wherein a user earns reward points from a plurality of independent reward points issuing entities, with each tracking the user's earned reward points in a user reward point account stored on a multi-function card (such as a frequent flyer account or a credit card loyalty account). The multi-function card is adapted to aggregate some or all of the user's earned reward points from the reward accounts and credit the aggregated points into a single reward exchange account on the multi-function card. The user may then select an item for purchase with the accumulated reward points from the multi-function card. The item is provided to the user in exchange for a subset or all of the reward points from the multi-function card.

All-card-in-one system

The all-card-in-one (ACIO) system described herein allows a user to use a single ACIO card to work as a replacement all his/her credit cards, debit cards, promotional cards, discount cards, and all other cards suitable for financial transactions. In the same manner, the chances to have a card lost or stolen are reduced, bolstering the security of the user's financial information. The ACIO card may be used to access regular card readers as well as ACIO terminals. The ACIO terminals list the entire collection of a user's cards and allow the user to access any one or a combination of the cards to finish a financial transaction. Moreover, when the user is fully verified with the ACIO system, he/she may be able to access the ACIO system through biometric recognition technologies such as fingerprint scanner or facial recognition. Such a “no card” access significant improves both convenience and security.

MULTI-FUNCTION, INTERACTIVE PAYMENT CARD

The invention relates to a payment card apparatus with an onboard memory, reconfigurable magnetic strip, software suite, and touch screen for interacting with the data stored on said memory. A user is able to replace a plurality of conventional payment cards and card accounts by loading the relevant payment card data onto said memory and using a graphic user interface to select a desired payment card via the touch screen. The card then reconfigures the magnetic strip, allowing a single payment card apparatus to function as conventional payment card for multiple card accounts. 1. A payment apparatus comprising:a card;a memory;a database of card accounts on said memory, said card accounts comprising payment card information for completing a transaction related to said card account;at least one screen disposed on said card;a magnetic strip disposed on said card;software executing on said memory, wherein said software comprises a graphic user interface for displaying said payment card information on said at least one screen;software executing on said memory for selecting a card account based on a selection from a user; andsoftware executing on said memory for reconfiguring said magnetic strip to impart said payment card information to a card reader.2. A payment apparatus according to claim 1 , wherein the screen is selected from the group consisting of: a capacitive touch screen claim 1 , a resistive touch screen claim 1 , and a piezoelectric touch screen.3. A payment apparatus according to further comprising a second screen disposed on said card.4. A payment apparatus according to further comprising a global positioning system.5. The payment apparatus of further comprising an update module allowing a user to selectively add or remove said payment card information from said first database.6. The payment apparatus of claim 5 , wherein said update module further comprises:a wireless data processor;software executing on said memory for transferring payment card data ...

Securely Selling and Purchasing of Goods through Social Network Sites Using a Secure Mobile Wallet System as a Mobile Commerce

A secure and convenient product purchasing system and method are disclosed to allow for online sale and purchase of goods by means of a social network site using a mobile wallet system as an m-Commerce shopping cart checkout linked to a secure financial closed-loop proxy account. A proprietary graphical or barcode-represented on-line digital product code and details to be posted to one user's social network wall, so as to be either scanned or directly selected, then paid for using the secure financial closed-loop proxy account and a pre-registered personal handheld mobile device where all funds within the account remain in an “inactive” non-usable state until activated and allocated by another user through their mobile device, where both users are registered to the secure financial closed-loop proxy account.

RULE-BASED SELECTION OF FINANCIAL ACCOUNT FOR PAYMENT CARD TRANSACTION

A method of operating a payment card system includes receiving, from a card holder, information indicative of at least one attribute of an account selection rule. The account selection rule is stored in a database. A request to authorize a payment card transaction is received. In response to the request, the stored account selection rule is retrieved. The method further includes selecting among a plurality of accounts belonging to the card holder based at least in part on the retrieved account selection rule. The selected account is used for the requested payment card transaction. 1. A method of operating a payment card system , the method comprising:receiving, from a card holder, information indicative of at least one attribute of an account selection rule;storing the account selection rule;receiving an indication of a request to authorize a payment card transaction;in response to the indication of the request, retrieving the stored account selection rule;selecting, based at least in part on the retrieved account selection rule, among a plurality of accounts belonging to the card holder; andusing the selected account for the payment card transaction.2. The method of claim 1 , wherein the selecting among the accounts is based at least in part on a merchant identifier included in the request.3. The method of claim 2 , wherein the selecting among the accounts is based at least in part on a dollar amount of the transaction.4. The method of claim 1 , wherein the selecting among the accounts is based at least in part on a dollar amount of the transaction.5. The method of claim 1 , wherein the plurality of accounts includes a plurality of credit card accounts.6. The method of claim 1 , wherein the plurality of accounts includes a credit card account and an installment line of credit.7. A method of operating a payment card system claim 1 , the method comprising:receiving, from a customer, information indicative of at least one attribute of an account selection rule; ...

Client customized virtual or physical card for use with selected merchants

A client selects several merchants with whom the card may be redeemed, the amount redeemable, and a design for the card, which is personalized for the card recipient.

MULTIPLE ACCOUNT ADVANCED PAYMENT CARD AND METHOD OF ROUTING CARD TRANSACTIONS

A system of accessing through a financial processing network multiple accounts associated with a single financial card. Data is input to the financial network in addition to the transaction data and the account identification data that in read from the card. This addition data permits the proper account to be accessed. The data may be input at the point of sale as an account selection. In this instance, the selection may be used to route the transaction data through the financial processing network or may be used to read data regarding one of multiple accounts encoded on the card. The data may also be stored as conditional routing rules at transfer points in the financial processing network. In this instance, the transaction is routed to the proper account based on the stored rules. 1. A computer-implemented method for using a financial transaction device to access multiple accounts , comprising:issuing a financial transaction device to a cardholder wherein the financial device comprises machine readable data pertaining to a first account;processing, by the computer processor, a transaction initiated by the financial transaction device by reading the machine readable data;receiving a selection of a second account against which the transaction is to be processed, following the initiation of the transaction, wherein the second account is selected from one or more accounts associated with the cardholder and the one or more accounts differ from the first account; androuting, by the computer processor, the transaction through a financial processing chain based on the selection of the second account wherein decision-making logic is applied in the processing chain to formulate the transaction request against the second account.2. The method of claim 1 , wherein the first account comprises one of:a credit account;a debit account;an ATM account; ora stored value account.3. The method of claim 1 , wherein the one or more accounts comprise:a credit account;a debit account;an ...

Multi Application Smartcard with Currency Exchange, Location, Tracking and Personal Identification Capabilities

A smart card capable of performing more than one function, said smart card comprising a first memory means comprising a first set of data to access a bank account, a second set of data to access a credit card account, a third set of data representing the identification of a holder of the smart card, and a fourth set of data to access telephone communication services. The smart card further comprises a microprocessor, said microprocessor being in electrical communication with a second memory means, and a location tracking means for determining a location of the smart card.

Merchant category codes in a proxy card transaction

Transmitting category codes to payment instruments in proxy card transactions comprises receiving a first payment request to authorize a proxy card transaction, the first payment request identifying a proxy account of a user for payment of the transaction and a merchant category code associated with the merchant; selecting a financial account associated with the proxy account to fund the transaction; communicating a second payment request to authorize the transaction to a financial account system associated with the selected financial account, the second payment request comprising the merchant category code associated with the merchant; receiving an authorization for the transaction from the financial account system to fund the transaction using the selected financial account; and communicating an authorization for the transaction to the merchant computing device in response to receiving the authorization for the transaction from the financial account system to fund the transaction using the selected financial account.

Matching refunds to payment instruments employed in a proxy card transaction

Matching refunds to the appropriate payment instrument employed in a proxy card transaction comprises receiving a first payment authorization request for a transaction between a merchant and a user, the payment authorization request comprising an identification of an account of the user and an identifier for the transaction, the user account having associated therewith a plurality of payment instruments available for conducting payment transactions; determining a particular payment instrument with which to conduct the transaction; associating the transaction identifier with the particular payment instruments utilized in the transaction; receiving a first refund instruction to refund all or a portion of a payment amount of the transaction, the first refund instruction comprising the transaction identifier; determining the particular payment instrument associated with the transaction identifier provided in the first refund instruction; and initiating the refund to the particular payment instrument determined to be associated with the transaction identifier.

METHOD AND SYSTEM FOR MANAGING MULTIPLE ELECTRONIC USER WALLET DATA CARDS

A method and device for managing and storing a plurality of electronic gift cards for use during a payment transaction includes receiving electronic information corresponding to a plurality of gift cards and securely storing the information in storage of a smartcard device as electronic gift cards. The smartcard device may monitor for a request to selectively activate an electronic gift card of the plurality of electronic gift cards for use during a payment transaction. The smartcard device may receive and transmit information corresponding to a selected electronic gift card using a near-field communication (NFC) data exchange. 1107-. (canceled)108. An apparatus comprising:a wallet card synchronization and backup module to receive electronic card information from a computing device using a contactless communication mechanism, the electronic card information corresponding to a purchased, complimentary, or preloaded gift card;a wallet card database to store the electronic card information corresponding to the purchased, complimentary, or preloaded gift card as an electronic wallet card, the wallet card database to store a plurality of electronic wallet cards;a wallet card selection module to receive a selection of one of the plurality of electronic wallet cards stored in the wallet card database; anda wallet card activation module to transfer the electronic card information corresponding to the selected electronic wallet card to a point-of-sale device using the contactless communication mechanism for a payment transaction.109. The apparatus of claim 108 , wherein the apparatus comprises one of a smartcard claim 108 , smart phone claim 108 , mobile internet device claim 108 , portable digital assistant claim 108 , or tablet computer claim 108 , andwherein the contactless communication mechanism comprises one of near-field communication (NFC) circuitry or Bluetooth circuitry.110. The apparatus of claim 108 , wherein to receive electronic card information from a ...

Portable hand-held multifunction device with multiple transaction accounts

A portable hand-held multi-function device, such as a smart card or other peripheral device, and method of using same for purchase transactions. The device has processing circuitry, program storage, data memory, and a user input device. A plurality of transaction applications are stored in the data memory. The processing circuitry is programmed via instructions in the program storage to use, as a result of a user selection received via the user input device, one of the plurality of transaction applications for making payment for a purchase from a merchant in a purchase transaction.

UNIVERSAL INTERACTIVE SMART CARD DEVICE

A secure, universal, and interactive smart card device including a display, an interface device, a security device, and a storage device. The card device can include an on-board power supply for powering the display, interface device, security device, and storage device. 1. A secure , universal , and interactive smart card device having a plurality of data items associated with a plurality of vendor cards , the smart card device comprising:a body;a storage device on the body, the storage device configured to one of store the plurality of data items associated with the plurality of vendor cards and access the plurality of data items associated with the plurality of vendor cards from a remote server;a display on the body, the display configured to display an item of the plurality of data items associated with the plurality of vendor cards; anda user interface device on the body, the user interface device configured to select the item of the plurality of data items stored on the storage device and control the display of the item on the display.2. The smart card device of claim 1 , further comprising:a power supply on the body, the power supply for powering the display and the interface device.3. The smart card device of claim 1 , further comprising:a security device on the body.4. The smart card device of claim 3 , further comprising:a power supply on the body, the power supply for powering the display, the interface device, the security device, and the storage device.5. The smart card device of claim 1 , wherein the interface device is a scroll device.6. The smart card device of claim 3 , wherein the security device is a biometric device.7. The smart card device of claim 1 , further comprising a transponder for transmitting items stored on the storage device.8. The smart card device of claim 1 , further comprising a magnetic strip device.9. The smart card device of claim 1 , wherein the magnetic strip device is disposed on a surface of the smart card device.10. The ...

METHOD FOR ENCRYPTING TRANSACTIONS AT A DYNAMIC TRANSACTION CARD

One variation of a method for controlling a dynamic transaction card includes: at a first time, accessing a first cryptogram; at a second time, establishing a wireless connection with a mobile computing device; in response to establishing the wireless connection with the mobile computing device, accessing a first token associated with the first cryptogram from the mobile computing device via the wireless connection; generating a first magnetic stripe sequence command representing the first cryptogram and the first token; and in response to detecting a magnetic stripe card reader proximal a magnetic stripe emulator integrated into the dynamic transaction card at a third time succeeding the second time, driving the magnetic stripe emulator according to the first magnetic stripe sequence command. 1. A method comprising , at a dynamic transaction card:at a first time, accessing a first cryptogram;at a second time, establishing a wireless connection with a mobile computing device;in response to establishing the wireless connection with the mobile computing device, accessing a first token associated with the first cryptogram;generating a first magnetic stripe sequence command representing the first cryptogram and the first token; andin response to detecting a magnetic stripe card reader proximal a magnetic stripe emulator integrated into the dynamic transaction card at a third time succeeding the second time, driving the magnetic stripe emulator according to the first magnetic stripe sequence command.2. The method of claim 1 , wherein accessing the first cryptogram comprises claim 1 , at the first time preceding the second time claim 1 , storing a unique claim 1 , static cryptogram generated by an external cryptogram generator.3. The method of claim 1 , wherein accessing the first cryptogram comprises claim 1 , at the first time succeeding the second time claim 1 , at a local cryptogram generator integrated into the dynamic transaction card claim 1 , generating a single- ...

METHOD AND SYSTEM FOR SPEND CONTROLS FOR A VIRTUAL CARD NUMBER WITH MULTIPLE FUNDING SOURCES

A method for processing a controlled payment number transaction with multiple funding sources includes: receiving an authorization request for a payment transaction including at least a transaction amount and a controlled payment number; identifying a mapping profile including at least the controlled payment number, an overflow transaction account number, and at least one spend profile, the at least one spend profile including at least a mapped transaction account number and one or more spend controls including at least a maximum payment amount; processing a first payment transaction for payment from the mapped transaction account number for the maximum payment amount; processing a second payment transaction for payment from the overflow transaction account number for an amount based on a difference between the transaction amount and the maximum payment amount; and transmitting an authorization response for the payment transaction including at least the controlled payment number. 1. A method for processing a controlled payment number transaction with multiple funding sources , comprising:receiving, by a receiver of a processing server, an authorization request for a payment transaction, wherein the authorization request is formatted according to one or more standards and includes at least a plurality of data elements including at least a first data element configured to store a transaction amount and a second data element configured to store a controlled payment number;identifying, by the processing server, a mapping profile, wherein the mapping profile includes at least the controlled payment number, an overflow transaction account number, and at least one spend profile, the at least one spend profile including at least a mapped transaction account number and one or more spend controls including at least a maximum payment amount;processing, by the processing server, a first electronic payment transaction for payment from a transaction account corresponding to the ...

Emv chip spinner cards and methods for their prepation

A credit card or debit card includes at least one rotatable disk arranged onto a top face or a bottom face of the credit card or debit card; and one or more EMV chips arranged onto the at least one rotatable disk.

Interface-Specific Account Identifiers

An access management system comprises one or more databases and one or more computers. The one or more databases may store access data, accessor data, restriction data, and/or biometric data. The one or more computers may comprise an account identifier management computer, an authorization server computer, and/or an account management server computer. The account identifier management computer may generate account identifiers for physical or virtual cards. The cards may have interface-specific account identifiers. The authorization server computer may be communicatively coupled to an account access system that is used to obtain account identifiers as input. The authorization server computer may apply one or more restrictions to an account identifier. The account identifier management server computer may enable monitoring account activity and/or generate ephemeral phone numbers that can be used to authenticate callers to call recipients.

SYSTEM AND METHOD FOR SECURE CARD WITH ON-BOARD VERIFICATION

Systems and methods for secure cards with on-board verification are disclosed. In one embodiment, a transaction device associated with at least one transaction account may have a substrate comprising a display that displays an account identifier for the transaction account; a sensor that receives authentication information from a user; a processor that processes the authentication information to verify the authenticity of the user; and a communicator that communicates at least the account information, the communicator including at least one of a magnetic stripe, an electrical interface, and a wireless RF interface. The display may not display the account identifier until the user is authenticated, and the communicator may be inactive to communicate the account information until the user is authenticated. 120-. (canceled)21. A transaction device , comprising: a display that has substantially the same height and width as the substrate;', 'a memory storing first transaction card data, the first transaction card data comprising first transaction card image data for a first transaction card; and', 'a controller comprising at least one computer processor that controls the display;', 'wherein the controller causes the display to render the first transaction card image data., 'a substrate having substantially the same height, width, and thickness of a credit card, comprising22. The transaction device of claim 21 , wherein the display is active when the transaction device is within a predetermined distance of a point of sale terminal.23. The transaction device of claim 21 , wherein the first transaction card data further comprises a first transaction card account number.24. The transaction device of claim 21 , wherein the first transaction card image data is an image of the front side of the transaction card.25. The transaction device of claim 21 , wherein the memory further storing second transaction card data claim 21 , the second transaction card data comprising second ...

Systems and methods for providing pre-paid multicards

The disclosed embodiments include methods and systems for validating, funding, activating, and reloading one or more configurable multicards. The disclosed embodiments may include a method that may include obtaining user authentication information relating to a first user associated with an inactivated multicard that is configurable for use for purchases and is configured with a zero multicard account balance amount. The method may include obtaining multicard configuration information including a unique multicard identification information that identifies the inactivated multicard and a first multicard account balance amount for the inactivated multicard. The method may also include validating the inactivated multicard using the unique multicard identification information and associating the inactivated multicard with a multicard account having the first multicard account balance that is funded from a financial account associated with the first user.

COMBINATION PAYMENT CARD AND METHODS THEREOF

Systems and methods for processing payment transactions using combination payment cards. The combination payment card is associated with an open-loop account and one or more closed-loop accounts. Transaction information is received from a point-of-sale device. At least one of the closed-loop and open-loop account is debited. 120-. (canceled)21. A non-transitory computer readable medium having instructions stored thereon which , when executed by one or more processors , cause the one or more processors to:receive, at an issuer processor over an electronic network, transaction information from an acquirer processor, the transaction information comprising account information and a merchant identifier, the transaction information being received over the electronic network from a point-of-sale device configured to accept a combination payment card associated with at least one of a closed-loop account and an open-loop account;determine, by the issuer processor, that the account information identifies a combination payment card by cross-referencing at least a portion of the account information against a known list of combination payment card accounts; transmit, by the issuer processor, an authorization of sale to the acquirer processor over the electronic network based on determining the closed-loop account has sufficient funds, or', 'determine, by the issuer processor, whether the open-loop account has sufficient funds to cover an amount of deficiency in the closed-loop account based on determining the closed-loop account has insufficient funds; and, 'if the transaction information is received from a closed-loop merchant affiliated with the closed-loop account transmit, by the issuer processor, an authorization of sale to the acquirer processor over the electronic network based on determining the open-loop account has sufficient funds, or', 'request an additional type of funds based on determining the open-loop account has insufficient funds., 'if the transaction ...

ELECTRONIC DEVICE AND PAYMENT METHOD USING THE SAME

An electronic device capable of communicating with a card reading apparatus and a payment method are provided. The electronic device includes a first cover configuring a front side of the electronic device, a second cover configuring a back side of the electronic device, a memory contained in a hollow area formed between the first and second covers, a display, at least part of which is contained in the hollow area and which is disclosed through the first cover, a processor that is contained in the hollow area and is electrically connected to the memory, and at least one loop antenna which is contained in the hollow area and electrically connected to the processor. 1. An electronic device comprising:a first cover forming at least a portion of a first surface of the electronic device, the first surface having a first side extending in a first direction and a second side being longer than the first side and extending in a second direction perpendicular to the first side;a second cover forming at least a portion of a second surface facing opposite to the first surface of the electronic device;a display, at least a portion of the display being visually exposed through the first cover;a flexible printed circuit board (FPCB) disposed between the display and the second cover; anda processor electrically connected to the FPCB, a first coil for a near field communication (NFC), and', 'a second coil for a transmission method different from the NFC,, 'wherein the FPCB compriseswherein the processor is configured to transmit a magnetic signal including a payment data to outside using the second coil, and a first part having a first width and extending in parallel with the first side, and', 'a second part having a second width narrower than the first width, extending in parallel with the first side and facing the first part., 'wherein the second coil comprises2. The electronic device of claim 1 , wherein the transmission method is different from the NFC in at least one of a ...

Smartcard to virtual media conversion

In one embodiment, a method for converting a smartcard into a virtual media in a transit system is provided. The method includes reading data from a smartcard. The data includes product information related to a transit product stored on the smartcard. The data is communicated to a smartcard management system such that the smartcard management system may create a record of the smartcard. The data is also communicated to a ticket management system. An indication of the creation of an account from the ticket management system is received. The account includes a unique account identifier and the data. An input from a contactless media is received. The input includes an identifier of the contactless media. The identifier is communicated to an authorization service. A token created by the authorization service is received. The token is associated with the identifier. The token is communicated to the ticket management system

System for coordinating access to multiple accounts using a single access card

A user is able to access multiple accounts located at and/or managed by different organizations, by providing secure exchanges of necessary information so that multiple login details are not necessary. The system coordinates activities between several entities using a communication manager which is configured to manage communication protocols, security and necessary interface requirements so the user can securely access the desired accounts. In addition, the communication manager will include various levels of security measures, including encryption, transaction verification, etc. By managing these details within the communication manager, the user will not need to provide multiple PIN numbers or access codes each time a transaction is desired.

SYSTEM AND METHOD FOR GENERATION OF VIRTUAL ACCOUNT-LINKED CARD

Embodiments of systems and methods for generating virtual account-linked cards are described. A virtual account-linked card may be generated in response to a determination that a physical account-linked card has been forgotten at a card reader and ingested by the card reader. A virtual account-linked card may be restricted such that it can only be used to execute a transaction with authorized transaction partners identified in a database. 120-. (canceled)21. A server , comprising:a processor in data communication with a database storing account data, anda memory, generate a virtual card associated with the account,', 'generate partner identifying information which identifies a set of authorized transaction partners, and', 'limit the use of the virtual card to transactions involving an authorized transaction partner., 'wherein, upon receipt of a notification identifying a lost card associated with an account, the server is configured to22. The server of claim 21 , wherein each authorized transaction partner has engaged in a transaction with the account within a predetermined time period.23. The server of claim 22 , wherein the set of authorized transaction partners comprises transaction partners which have engaged in two or more transactions with the account.24. The server of claim 22 , wherein the set of authorized transaction partners comprises transaction partners which have engaged in a transaction with the account having a value greater than a predetermined dollar value.25. The server of claim 22 , wherein each transaction partner has engaged in a card-not-present transaction with the account.26. The server of claim 21 , wherein the partner identifying information is generated based on a transaction history associated with the account.27. The server of claim 26 , wherein the partner identifying information is generated based on a frequency and a value of transactions executed with one or more transaction partners.28. The server of claim 21 , wherein the server ...

CRE & MCPC Software & Website

My pin driven CRE & MCPC system will consolidate rewards and credit & debit cards of each member into a single high security micro chip personal card that can be used at all vendors where these credit & debit cards are accepted. The CRE & MCPC card will be used as a traditional credit/debit card by inserting it into the card terminal at any vendor that accepts credit/debit card, enter their 5 digit pin; select the card from their account to charged the purchase to (ie: 1=AMEX; 2=VISA; 3=MASTERCARD; 4=DISCOVER and so on for local store credit cards.) This MCPC system will give each member the option to split up the payment of a single purchase with more than one card in their CRE & MCPC account. 1. My CRE invention will consolidate individual rewards and allow holders of vendor rewards to monitor , trade , redeem and donate their rewards through our patented software. My invention is new and will solve the problems consumers currently faced by not knowing what rewards they have and how can they effectively use them in a consolidated system such as the Consolidated Rewards and Exchange (CRE) web-based Software.2. My MCPC invention will also consolidate each registered user various credit and debit cards into a single Personal identification Number (PIN) accessible micro-chip personal card. The MCPC card will contain all the details of all the credit and debit cards the registered user added to our consolidated system , and the registered will be able to use this single card to pay for their purchases by selecting one or more of their credit or debit cards and the desire amount from each card after the time of payment.3. The MCPC will also allow registered user to deposit funds into their debit cards account by inserting their MCPC card (WINICARD) into the credit/debit card machine where the transaction is been processed.4. Also with the high security micro chip personal card , the member is able to use this one card to pay any vendor using his/her choice of credit ...

Real-time configurable smart cards

A method for enabling, via a digital wallet application, a smart card to operate as a primary smart card for a plurality of a user's smart cards. The primary smart card may include a microprocessor, a touch screen, a wireless interface and an embedded subscriber identification module (“E-SIM”) card. The method may include retrieving on the primary smart card, from the digital wallet application, a list of a plurality of smart cards, displaying on the touch screen of the primary smart card, a selectable list of the plurality of smart cards, receiving, via the touch screen, a selected smart card and storing the card data on the E-SIM of the primary smart card. When the primary smart card is within a pre-determined proximity to a point-of-sale (“POS”) device, the primary smart card may be configured to transmit the card payment data stored on the E-SIM to the POS device.

CLOUD-BASED APPLICATION SECURITY

Systems, methods, and computer program products for providing cloud-based application security are disclosed. For example, a server part of a cloud-based application may determine a plurality of security challenges for authorizing a request based on a plurality of security settings of a user account and one or more attributes of the request, issue a first-level authorization challenge and a second-level authorization challenge based on the determining, identify a plurality of available resources from the user account for the request, and responsive to successful completion of the first-level authorization challenge and the second-level authorization challenge, automatically apply two or more of the available resources from the user account to fulfill the request based on the one or more attributes of the request and a physical location associated with the request. 1. (canceled)2. A system , comprising:a non-transitory memory, and receiving, from a user device associated with a user, a request for accessing a user account;', 'determining, from a plurality of authentication challenges, a first-level authentication challenge and a second-level authentication challenge for authenticating the user based on a plurality of security settings of the user account and one or more attributes of the request;', 'providing the first-level authentication challenge and the second-level authentication challenge to the user device;', 'authenticating the user based on information associated with the first-level authentication challenge and the second-level authentication challenge received from the user device;', 'in response to authenticating the user, determining two or more of available resources associated with the user account to fulfill the request based at least in part on a physical location of the user device; and', 'providing the user device access to the two or more of the available resources., 'one or more hardware processors coupled to the non-transitory memory and ...

Cards & Documents

One 16 digits smart card shaped like a regular bank card in length and width with chip and swiping abilities which is divided into several different separate sectors. e.g. bank cards, credit cards, cash transactions, medical insurance usage and other personal documentation of information that are all stored on one smart card. This smart card is configured to hold financial information, general information, and documentation of a variety of various categories of different documents on its database. All parts can be accessible by one four-digit secret security code to ensure the safety of the card's information. 1 'A smart card made for multiple functions in which it is divided into different sectors e.g. credit card and bank card transactions and medical insurance. A database of general information, documentation, and identification will be combined on one chip card. This all in one card system will meet maximum security and will be easy to use requiring minimum effort to use on a daily basis. A single cipher or pin will ensure the safety of the valuable information stored on the card. The customer can make up his/her corresponding secret number due to loss or theft no one will be able to receive information from the card except the customer. If the pin is entered incorrectly three times the card will lock automatically. If the customer happens to forget their four digit code they can call their provider with answering security questions needed to gain access to their card again. This single smart card will work like a phone card and will connect to the provider only which makes it a safe card to have.', 'Element A "This digital wallet that looks, appears, and shaped just like a smart card or bank card will provide digital information storage. The card will be able to access several bank cards, credit cards, drivers' license and other personal documentation or identification information and more. Having this card will eliminate the need to carry multiple transaction ...

Management of credentials on an electronic device using an online resource

Systems, methods, and computer-readable media for using an online resource to manage credentials on an electronic device are provided. In one example embodiment, a method, at an electronic device, includes, inter alia, receiving account data via an online resource, accessing commerce credential status data from a secure element of the electronic device, providing initial credential management option data via the online resource based on the received account data and based on the accessed commerce credential status data, in response to the providing, receiving a selection of an initial credential management option via the online resource, and changing the status of a credential on the secure element based on the received selection. Additional embodiments are also provided.

RADIO FREQUENCY TRANSACTIONS USING A PLURALITY OF ACCOUNTS

The present invention includes systems and methods for facilitating transactions using non-traditional devices. A method of the present invention includes the steps of forming a transaction request at a non-traditional device, and communicating the transaction request to a reader. In one embodiment, the non-traditional device may be configured with a transponder or other RF operable device. In another embodiment, the non-traditional device may be configured with an RFID protocol, such as a protocol in ISO 8583 format. In yet another embodiment, the non-traditional device may be configured to facilitate transactions using a random number, an authentication tag, a counter, or an encrypted payload. 1. A method , comprising:transmitting, by a transaction device, an activation request to a verification system, the activation request including an identifier of a user of the transaction device;receiving, by the transaction device, a prompt to receive and record an audio pass phrase spoken by the user;transmitting, by the transaction device, the recorded audio pass phrase to the verification system;receiving, by the transaction device from the verification system, biometric data that has been matched to a template, based on the audio pass phrase received at the verification system; andtransmitting, by the transaction device, at least the biometric data to an RFID device corresponding to a third party service, the biometric data serving as authenticating data for the user with the third party service,2. The method of claim 1 , wherein the transmitting at least the biometric data to the RFID device comprises forming a transaction request that includes at least transaction information.3. The method of claim 1 , wherein the transaction device is a smartphone.4. The method of claim 3 , wherein the transaction device is a cellular telephone in direct communication with at least one of an acquirer claim 3 , issuer claim 3 , and payment processor.5. The method of claim 3 , wherein ...

Method and system for enhanced validation of cryptograms in cloud-based systems

A method for enhanced validation of cryptograms for varying account number lengths includes: storing one or more primary account numbers and a plurality of formatting templates, each template being associated with an account number length; receiving a selection indicating a specific primary account number; identifying a specific formatting template where the associated account number length corresponds to a length of the specific primary account number; receiving an unpredictable number from a point of sale device; generating a cryptogram based on at least the unpredictable number and one or more algorithms; generating a data string, wherein the data string includes at least the generated cryptogram, the specific primary account number, and the unpredictable number, and wherein the data string is formatted based on the identified specific formatting template; and electronically transmitting the generated data string to the point of sale device.

ELECTRONIC WALLET APPARATUS, METHOD, AND COMPUTER PROGRAM PRODUCT

Registration information for a plurality of consumers is obtained at an electronic wallet platform. A mechanism is provided to integrate the electronic wallet platform with a plurality of merchants. Via the electronic wallet platform, a given one of the consumers is afforded an option to select from multiple methods to pay for a transaction with a given one of the merchants. The multiple methods are based, at least in part, on the registration information. At least one of the multiple methods includes a virtual card number. Further steps include obtaining, from the given one of the consumers, a selection of the virtual card number for payment for the transaction; and providing the given one of the merchants with the virtual card number. 1. A method comprising the steps of:obtaining, at an electronic wallet platform, registration information for a plurality of consumers;making available to said consumers a secure application for portable devices of said consumers which affords said consumers an option to select from multiple methods to pay for transactions with merchants, said multiple methods being based, at least in part, on said registration information, at least one of said multiple methods comprising a virtual card number;intercepting an authorization request, from a given one of said merchants, for an amount of a given one of said transactions to be charged against a given one of said virtual card numbers, said given one of said transactions comprising a given one of said consumers presenting a given one of said portable devices, having said secure application thereon, at a point-of-sale terminal of said given one of said merchants, said virtual card number having been provided to said merchant via communication between said given one of said portable devices and said point-of-sale terminal of said given one of said merchants;translating said given one of said virtual card numbers into an actual card number which is not provided to said given one of said ...

Credit card imaging for mobile payment and other applications

A mobile payment device includes a contactless payment module, a processing module, and a display module. The contactless payment module is coupled to execute a credit payment transaction. The processing module is coupled to detect the executing of the credit payment transaction and retrieve credit image data based on the detecting. The display module is coupled to process the credit image data into a displayed credit image.

User device enabling access to payment information in response to mechanical input detection

In certain embodiments, an electronic device can include a secure element that detects a mechanical input. The mechanical input can correspond to an instruction to transmit securely stored payment information to another device and/or to release such information to an application on the device (e.g., for use in an in-app commerce transaction). This feature can inhibit or prevent unauthorized transmission of payment information. When the mechanical input is detected, payment information can be transmitted to a point of sale (POS) terminal (e.g., via near-field communication) or released to an app on the device. Further, a user can either use default payment information or interact with the device (before or after providing the mechanical input) to select appropriate payment information for a transaction. For example, the user can select between credit cards, debit cards and/or stored-value cards (e.g., transit card).

APPARATUS AND METHOD FOR PROVIDING INTERACTION INFORMATION BY USING IMAGE ON DEVICE DISPLAY

A method for providing interaction information, such as, for example, settlement information, by which a device provides the settlement information to a counterpart device, includes displaying an image which relates to an item to be used for performing the interaction, such as, for example, a credit card image of a credit card of a user of the device, on a lock screen of the device, and receiving a touch input from the user with respect to the credit card image. In the method, settlement information which corresponds to the touched credit card image is used for performing a settlement via the device. 1. A method of a mobile device for providing information to a point-of-sale (POS) device , the method comprising:receiving, by the mobile device, information of the POS device via wireless communication, while the mobile device is locked, wherein a first credit card image corresponding to a first credit card and a second credit card image corresponding to a second credit card are stored in the mobile device, and wherein the first credit card is assigned with a priority over the second credit card based on at least one of a preset standard or a user input;based on receiving the information of the POS device, displaying, by the mobile device, the first credit card image that corresponds to the first credit card assigned with the priority over the second credit card;while the first credit card image is displayed, receiving, via a fingerprint sensor of the mobile device, a first fingerprint input of a user of the mobile device; andbased on the received first fingerprint input being valid and the mobile device being within a communicative range of the wireless communication of the POS device, providing, by the mobile device, to the POS device, first information of the first credit card corresponding to the displayed first credit card image.2. The method of claim 1 , further comprising claim 1 , based on the received first fingerprint input being valid and being maintained ...

System and Process for Conducting Multiple Transactions with a Single Card

A transaction system and process includes providing financial transactions based on a single card. The transaction system and process further including providing prepaid wireless service based on the single card and providing long-distance service based on the single card. 1. A transaction system implementing at least one server comprising:a communication system module comprising a transceiver, a first computer processor, and an application programming interface (API) configured to establish a communication path with a financial institution and a prepaid wireless service provider via a communication network;a processing system module comprising a second computer processor configured to access a database system module, a prepaid wireless system module, an account system module, and a payment system module to purchase or otherwise obtain products or services;the account system module comprising a third computer processor and a first physical memory database to store account information of a user;the database system module comprising a fourth computer processor and a second physical memory database to store transaction information of the user;the prepaid wireless system module configured to communicate with the prepaid wireless service provider; andthe payment system module configured to determine transaction information for a purchase of products or services; generate a debit card number and set up a debit card account for the user with the financial institution;', 'generate an access code for prepaid wireless service and set up a prepaid wireless service account for the user with the prepaid wireless service provider;', 'store debit account information and prepaid wireless service account information of the user in the account system module;', 'periodically receive updated account information of the user from the financial institution and store the updated account information in the account system module;', 'access information in the account system module including ...

VALUE TRANSFER CARD MANAGEMENT SYSTEM

A processor-implemented method is disclosed. The method includes: configuring a value transfer card to be associated with a plurality of accounts, the plurality of accounts including a default currency account and one or more foreign currency accounts; receiving input from an authorized entity associated with the plurality of accounts, the input indicating a selection of at least one of the foreign currency accounts and a card control setting to be applied for the value transfer card in connection with transactions associated with the selected at least one foreign currency account; and enabling the card control setting for the value transfer card only in connection with the selected at least one foreign currency account. 1. A computing device , comprising:a processor; configure a value transfer card to be associated with a default currency account and one or more foreign currency accounts;', 'receive input from an authorized entity associated with the currency accounts, wherein the input indicates a selection of at least one of the one or more foreign currency accounts and a card control setting to be applied for the value transfer card in connection with transactions associated with a selected at least one foreign currency account;', 'receive a request to process a first transaction in a first currency associated with the selected at least one foreign currency account that is initiated using the value transfer card;', 'determine that the first transaction results in violation of the card control setting for the value transfer card; and', 'in response to determining that the first transaction results in violation of the card control setting for the value transfer card, cause the first transaction to be processed using the default currency account and a current exchange rate associated with the default currency account., 'a memory coupled to the processor, the memory storing instructions that, when executed, configure the processor to2. The computing device of claim ...

Electronic wallet apparatus, method, and computer program product

Registration information for a plurality of consumers is obtained at an electronic wallet platform. A mechanism is provided to integrate the electronic wallet platform with a plurality of merchants. Via the electronic wallet platform, a given one of the consumers is afforded an option to select from multiple methods to pay for a transaction with a given one of the merchants. The multiple methods are based, at least in part, on the registration information. At least one of the multiple methods includes a virtual card number. Further steps include obtaining, from the given one of the consumers, a selection of the virtual card number for payment for the transaction; and providing the given one of the merchants with the virtual card number.

MOBILE TERMINAL AND METHOD FOR CONTROLLING THE SAME

A mobile terminal includes: a wireless communication unit for receiving information of a card inserted into a card module capable of recognizing the inserted card from the card module; a display unit for outputting an execution screen of an application capable of setting an amount of money available for each of a plurality of cards; and a controller for setting the amount of money available for each of the plurality of cards, based on that a preset user input is applied to the execution screen of the application, wherein, if one of the plurality of cards is inserted into the card module in a charge mode of the card module, the card module transfers an amount of money set to be available in the inserted card from a preset account to an account corresponding to the inserted card, so that the amount of money is available in the inserted card. 1. A mobile terminal , comprising:a wireless communication unit;a display; anda controller configured to:receive information of a card received by a card module;cause the display to display an execution screen of an application for setting an amount of money available for each of a plurality of cards of which one is the card received by the card module;set the amount of money available for each of the plurality of cards based on a user input with regard to the execution screen of the application; andcause the card module to transfer an amount of money that is to be available in the card from a first account to a second account when the card is received by the card module during a charge mode of the card module, wherein the transfer permits the amount of money to be available in the card.2. The mobile terminal of claim 1 , wherein the controller is further configured to cause the display to display the execution screen when:a distance between the mobile terminal and the card module is within a preset distance,a defined touch input is received at an icon of the application, anda defined master card is received by the card module.3. ...

PAYMENT DEVICES HAVING MULTIPLE MODES OF CONDUCTING FINANCIAL TRANSACTIONS

Payment cards and also the systems and methods for securely managing financial transactions using the payment cards are provided. In one implementation, a payment card includes a first component incorporated into a plastic substrate, wherein the first component is configured to provide details of a first substitute account associated with a cardholder's valid credentials. The payment card also includes at least one additional component incorporated into the plastic substrate. Each of the additional components is configured to provide details of at least one additional substitute account associated with the cardholder's valid credentials. Each substitute account includes details that are distinct from the details of each of the other substitute accounts. Also, at least one of the substitute accounts is provided to a merchant for conducting a financial transaction with the merchant 1. A payment card comprising:a first component incorporated into a plastic substrate, the first component configured to provide details of a first substitute account associated with a cardholder's valid credentials; andat least one additional component incorporated into the plastic substrate, each of the at least one additional component configured to provide details of at least one additional substitute account associated with the cardholder's valid credentials;wherein each substitute account includes details that are distinct from the details of each of the other substitute accounts; andwherein at least one of the substitute accounts is provided to a merchant for conducting a financial transaction with the merchant.2. The payment card of claim 1 , wherein the merchant is configured to communicate the details of at least one of the substitute accounts to an account correlating device via a network claim 1 , wherein the account correlating device is configured to associate at least one of the substitute accounts to the cardholder's valid credentials claim 1 , and wherein the account ...

Systems and methods for multicomputer data transferring to activate contactless communication

The present disclosure relates to systems and methods for using multicomputer data transferring to active contactless communication. In one example, such a system may include at least one memory storing instructions and at least one processor configured to execute the instructions to perform one or more operations, the operations including: receiving a transaction associated with a merchant on a list of merchants stored in the at least one memory; determining, based on the merchant, a remote server associated with the merchant; assembling a data packet including an identifier of the contactless card and an identifier of the transaction; transmitting the data packet to the determined server across one or more computer networks; receiving confirmation from the determined sever in response to the data packet; and transmitting the confirmation to a user device associated with the transaction.

MANAGING DEVICES ASSOCIATED WITH A DIGITAL WALLET ACCOUNT

Managing user devices associated with a digital wallet account comprises associating, using one or more computing devices, one or more user computing devices with a digital wallet account of a user, each of the associated one or more user computing devices being activated to conduct financial transactions with a merchant utilizing the digital wallet account; presenting the associated user computing devices in a list of associated user computing devices; receiving a request to deactivate a particular user computing device from the list of associated user computing devices; deactivating the particular user computing device, the deactivation being sufficient to prevent the user computing device from conducting transactions with a merchant utilizing the digital wallet account; and presenting a deactivated status of the particular user computing device. 120-. (canceled)21. A computer-implemented method to deactivate user computing devices associated with user accounts , comprising:presenting, using one or more computing devices, one or more mobile computing devices associated with an account of a user in a list of associated mobile computing devices;receiving, using the one or more computing devices, a request to deactivate a particular mobile computing device from the list of associated mobile computing devices;logging, using the one or more computing devices, the particular mobile computing device as deactivated, the logging of the deactivated status preventing the mobile computing device from conducting application requests utilizing the account by rejecting a request comprising an identification of the particular mobile computing device;receiving, using the one or more computing devices and from the particular mobile computing device, the application request associated with the particular mobile computing device; andin response to receiving the application request from the particular mobile computing device and based on the logged deactivated status of the particular ...

System and Process for Conducting Multiple Transactions with a Single Card

A transaction system and process includes providing financial transactions based on a single card. The transaction system and process further including providing prepaid wireless service based on the single card and providing long-distance service based on the single card. 1. A transaction system implementing at least one server comprising:a communication processor system comprising a transceiver, a first computer processor, and an application programming interface (API) configured to generate a communication path with a financial institution and a prepaid wireless service provider over a communication network;a processing processor system comprising a second computer processor configured to access a database processor system, a prepaid wireless processor system, an account processor system, and a payment processor system to purchase products or services;the account processor system comprising a third computer processor and a first physical memory database to store account information of a user;the database processor system comprising a fourth computer processor and a second physical memory database to store transaction information of the user;the prepaid wireless processor system configured to communicate with the prepaid wireless service provider; andthe payment processor system configured to determine transaction information for a purchase of products or services;{'claim-text': ['generate a debit card number and set up a debit card account for the user with the financial institution through the application programming interface (API);', 'generate an access code for prepaid wireless service and set up a prepaid wireless service account for the user with the prepaid wireless service provider through the application programming interface (API);', 'store debit account information and prepaid wireless service account information of the user in the account processor system;', 'periodically receive updated account information of the user from the financial institution ...

SMART MULTI-CARD CAPABLE OF SIMULTANEOUSLY USING PLURALITY OF CARD OUTPUT SCHEMES, AND PAYMENT OR ACCUMULATION METHOD USING SAME

A smart multi-card capable of simultaneously using a plurality of card output schemes, and a payment method using the same. More specifically, a smart multi-card device capable of simultaneously using a plurality of card output schemes, according to one embodiment, includes a storage unit which stores one or more types of card information having individual card output schemes inputted by a user; and a plurality of sensors, wherein each of the plurality of sensors includes: a sensor unit which matches at least one type of card information of the one or more types of card information inputted by the user; and a control unit which performs control so that when the user touches a specific sensor of one or more sensors, card information matching the specific sensor is loaded, and a payment or accumulation is performed according to the card output scheme of the loaded card information. 111-. (canceled)12. A smart multi-card device which makes it possible to simultaneously use a plurality of card output schemes , the smart multi-card device comprising:a storage unit configured to store one or more pieces of card information input by a user and having individual card output schemes;a sensor unit configured to include a plurality of sensors, each of which is matched to one or more pieces of card information among the one or more pieces of card information input by the user; anda control unit configured to, when the user contacts a specific sensor among the one or more sensors, load card information matched to the specific sensor and controls a payment or accumulation to be performed according to a card output scheme of the loaded card information,wherein when a plurality of pieces of card information are matched to the specific sensor, the plurality of pieces of card information are loaded, and the payment or the accumulation is simultaneously performed according to card output schemes of a plurality of loaded cards.13. The smart multi-card device of claim 12 , wherein each ...

Transaction processing systems and methods for per-transaction personal financial management

An improved point of sale terminal and method of operation thereof providing new personal financial management support features thereto including receiving payment for a transaction amount from a user includes means for receiving from the user a primary account number associated with a primary account having a plurality of subaccounts each having a subaccount indicator and means for receiving from the user a user selected subaccount indicator from among the plurality of subaccount indicators for processing of the transaction amount. The system also includes means for transmitting the primary account number and the subaccount indicator as received from the user to a financial institution for payment authorization of the transaction amount and means for receiving authorization from the financial institution responsive to the transmitting.

Methods and Systems of Facilitating Payments on a Payment Card Network

Methods and systems are provided for processing a transaction requesting payment of a first amount to a recipient. An exemplary method is performed at a network node of the system and comprises: identifying at least one payment parameter associated with the transaction; determining, in accordance with the at least one payment parameter, a plurality of account numbers associated with the transaction; and for each of the determined account numbers: determining a respective payment amount and a respective payment provider associated with the account number; and transmitting, to the determined payment provider, a subsequent request for payment of the determined payment amount.

MULTI-SCHEME PAYMENT INTEGRATED CIRCUIT CARD, PAYMENT SYSTEM, AND PAYMENT METHOD

A system for effecting electronic payments via multiple payment schemes from a single payment integrated circuit (IC) card includes a payment IC card conforming to a payment card standard, the payment IC card being issued with a plurality of primary account numbers (PANs) from the payment card standard; a wallet server storing account details of one or more payment schemes with which a user has an account; and a vendor payment system configured to accept transactions using the payment card standard. The payment IC card is operable to transact with the vendor payment system using the payment card standard. The vendor payment system is operable to provide to the wallet server one of the PANs issued to the payment IC card to effect a financial transaction via one of the payment schemes with which the user has an account. 133-. (canceled)34. A system for effecting electronic payments via multiple payment schemes from a single payment integrated circuit (IC) card , the system comprising:a payment IC card conforming to a payment card standard, the payment IC card being issued with a plurality of primary account numbers (PANs) from the payment card standard;a wallet server storing account details of one or more payment schemes with which a user has an account; anda vendor payment system configured to accept transactions using the payment card standard;wherein the payment IC card is operable to transact with the vendor payment system using the payment card standard; andthe vendor payment system is operable to provide to the wallet server one of the primary account numbers (PANs) issued to the payment IC card to effect a financial transaction via one of the payment schemes with which the user has an account.35. The system according to claim 34 , wherein the wallet server is connected to financial systems of each payment scheme with which the user has an account.36. The system according to claim 34 , wherein the wallet server is operable to provide the account details of the ...

MOBILE TERMINAL AND CONTROLLING METHOD THEREOF

A mobile terminal and controlling method thereof are disclosed, which facilitates a terminal to be used in further consideration of user's convenience. According to at least one of embodiments of the present invention, a strict authentication procedure for expense payment can be performed via a simple and convenient user interface between a mobile terminal and a terminal user. In particular, since at least one of a selection and authentication of a payment means of the mobile terminal can be performed via at least one of an aligned direction, a moving direction and a moving track of the mobile terminal, the user interface between the mobile terminal and the terminal user for the expense payment can be further simplified. 1. A mobile terminal comprising:a touchscreen configured to display information;a short-range wireless communication unit; anda controller configured to:while in an unlocked state cause the touchscreen to display a home screen, and cause the touch screen to display a payment card information in response to receiving a first gesture input while the home screen is displayed;while a locked screen is displayed in a locked state, cause the touchscreen to display the payment card information in response to a second gesture input on the lock screen;cause the touchscreen to display the payment card information in response to a third gesture input received while a display of the touchscreen is off;receive personal authentication information via a user input unit;authenticate the received personal authentication information for the displayed payment card information;cause the wireless communication unit to transmit payment information associated with the displayed payment card information to an external payment terminal, wherein the payment information is transmitted to the external payment terminal after the received personal authentication information is authenticated; andcause the touchscreen to display an indicator indicating completion of payment based ...

SYSTEMS AND METHODS FOR MULTI-USE ACCOUNT SYSTEM

The present disclosure relates to an account system for optimizing transactions for a user. In one implementation, the system may include at least one processor and a storage medium storing instructions that, when executed, configure the at least one processor to perform operations. The operations may include receiving, from the merchant system, merchant information for the transaction, retrieving, based on the account number, a database record from a database, the database record comprising the plurality of financial accounts associated with the user and user preferences, determining financial account data associated with each of the plurality of financial accounts, determining, using an optimization algorithm, a preferred financial account from the plurality of financial accounts based on the financial account data, the user preferences, and the merchant information, and selecting, based on the determination, the preferred financial account to complete the transaction. 1. An account system for optimizing transactions for a user , the system comprising:at least one processor; and receiving card information during a transaction at a merchant system, wherein the card information includes a single account number associated with a plurality of financial accounts associated with the user;', 'receiving, from the merchant system, merchant information for the transaction;', 'retrieving, based on the account number, a database record from a database, the database record comprising the plurality of financial accounts associated with the user, user transaction history for at least one of the plurality of financial accounts, and user preferences;', ["extracting features indicating characteristics of the user's behavior from the user transaction history and user preferences using a first convolutional neural network;", 'determining user behavior attributes from the extracted features using a second convolutional neural network; and', 'calculating the user behavior metric based ...

WALLET CARD DEVICE AND SYSTEM WITH DYNAMIC MAGNETIC STRIPE COMMUNICATIONS DEVICE

This application addressed a card comprising a memory operable to store a first card information and a second card information; a display operable to display user information; and a button operable to change a selected card from a first card to a second card and to change the user information from user information associated with the first card to user information associated with the second card. 1. A card comprising:a memory operable to store a first card information and a second card information;a display operable to display user information; anda button operable to change a selected card from a first card to a second card and to change the user information from user information associated with the first card to user information associated with the second card.2. The card of claim 1 , wherein the display comprises e-paper.3. The card of claim 1 , wherein the display comprises e-paper using a segmented display.4. The card of claim 1 , wherein the display comprises e-paper using a pixilated display.5. The card of claim 1 , wherein the user information includes a payment authorization number.6. The card of claim 1 , wherein the user information includes a credit card number.7. The card of claim 1 , wherein the user information includes an expiration date.8. The card of claim 1 , wherein the user information includes security information.9. The card of claim 1 , wherein the user information includes a security number.10. The card of claim 1 , wherein the user information includes a card verification value.11. The card of claim 1 , wherein the user information includes a card verification code.12. The card of claim 1 , wherein the user information includes a card tier.13. The card of claim 1 , wherein the user information includes a dynamic security code.14. The card of claim 1 , wherein the user information includes a card network name.15. The card of claim 1 , wherein the user information includes a card network logo.16. The card of claim 1 , further comprising a ...

SHARED CARD PAYMENT SYSTEM AND PROCESS

A data processor implemented process for making a payment from a shared payment card is provided. The data processor implemented process includes a user device, including at least one computing device being configured to make a payment from a shared payment card, a data processor implemented process for authorizing a shared card payment, a data processor implemented process for conducting a payment transaction made with a shared card, a card association entity system, including at least one computing device being configured to authorize a shared card payment, a card association entity system including at least one computing device being configured to conduct a payment transaction made with a shared card, a data processor implemented process for performing a shared card payment transaction, and a payment system, including at least one computing device being configured to perform a shared card payment transaction. 1. A data processor implemented process for making a payment from a shared payment card , the process being executed by at least one processor , and comprising:generating payment card data representing a payment card linked to a payment account of a first individual, the payment card linked to a card association entity and a corresponding issuing financial institution;processing the payment card data to generate authorization request data, the authorization request data requesting authorization for a second individual to make a payment using the payment account of the first individual; andtransmitting the authorization request data to the card association entity and receiving, in response, payment authorization data, the payment authorization data indicating whether the payment is authorized, wherein if the payment is authorized, the transaction can be performed at a payment device when a payment account identifier and a corresponding security code, both of which are included in the payment authorization data, are presented to the payment device.2. The ...

SYSTEMS AND METHODS FOR CONSUMER STEERING BASED ON REAL-TIME TRANSACTION COST INFORMATION

A computing device for consumer steering during a commercial transaction comprises a communication element, a memory element, and a processing element. The communication element communicates with a client computing device. The memory element stores a plurality of software components. The processing element executes software components including a cost analysis component for receiving original payment type information from a consumer and computing a cost score associated with the original payment type, a reward engine for determining a reward associated with an alternative payment type, an accept payment component for receiving information indicating either the original payment type or the alternative payment type, and a checkout component for transferring a receipt to the consumer and visually presenting the lost reward to the consumer if the original payment type was received or transferring the reward to the consumer if the alternative payment type was received. 1. A computing device for consumer steering during a commercial transaction , the computing device comprising:a communication element configured to communicate with a client computing device through a communication network;a memory element storing a plurality of software components; and a cost analysis component for receiving original payment type information from a consumer utilizing the client computing device, and computing a cost score associated with the original payment type,', 'a reward engine for determining a reward associated with an alternative payment type, different from the original payment type, and visually presenting the reward and the alternative payment type to the consumer,', 'an accept payment component for receiving information from the consumer indicating either the original payment type or the alternative payment type, and', 'a checkout component for transferring a receipt to the consumer and visually presenting the lost reward to the consumer if the original payment type was ...

Systems and methods for executing parallel electronic transactions

Systems and methods are for executing an electronic transaction by a parallel transaction system. One method includes receiving, by a parallel transaction system, an electronic transaction request of a payment vehicle. The parallel transaction system may determine a type of the payment vehicle. The type of the payment vehicle is at least one of an open loop type, a closed loop type, or a parallel type. The parallel transaction system may execute an open-loop transaction, a closed-loop transaction, and/or a parallel transaction, based on the determined type of the payment vehicle. The parallel transaction system may complete the electronic transaction request.

System and method for peer-to-peer payments

A computer-implemented method or a system including a processor and a memory may include instructions for receiving instructions from a sender computing system to facilitate sending a payment to a receiver computing system. The instructions may include a value and identifying information for both the sender computer system and the receiver computer system. The sender computer system may be indicated in financial institution system account data at a financial institution system and the receiver computer system may not be indicated in the financial institution system account data at the financial institution system. Further, no peer-to-peer payment system may include both the sender computer system and the receiver computer system. The memory may also include instructions for provisioning a virtual debit card including identifying information for the receiver computer system, adding the value to the virtual debit card, and sending the virtual debit card to the receiver computer system.

LOYALTY PROGRAM SYSTEM

A method that includes receiving, from educational institutions, a rule set for each educational institution; receiving, from merchants, user data and usage data for a plurality of users; wherein each user is associated with an educational institution; wherein each educational institution is associated with a branding theme that comprises any one or more of: a name of the educational institution, a name of a mascot of the educational institution, and a color theme associated with the educational institution; calculating, for each user and based on the user data for the user, usage data for the user, and the rule set for the educational institution that is associated with the user, a reward point balance; and displaying, for each user and using the branding theme associated with the educational institution associated with the user, an available reward points balance on a graphical user interface that is associated with the user. 1. A rewards program system for educational institutions , the system comprising: wherein the identification cards are associated with user accounts, respectively; and', a chip that stores data that identifies the user account associated with the identification card;', 'a magnetic stripe that stores data that identifies the user account associated with the identification card; or', 'both the chip and the magnetic stripe;, 'wherein each identification card comprises], 'identification cards,'} wherein each card reader is associated with a merchant partner; and', the respective chips of the identification cards;', 'the respective magnetic stripes of the identification cards; or', 'both the respective chips of the identification cards and the respective magnetic stripes of the identification cards;, 'wherein each card reader is configured to read], 'card readers,'} wherein the remote user devices are associated with user accounts, respectively; and', 'wherein each of the remote user devices comprises a graphical user interface (“GUI”);, 'remote ...

Enhanced privacy settings for credit cards with multiple users

Apparatus and methods are provided for an online banking portal having adjustable display settings for transactions executed by a credit card. The credit card may have a first user and a second user. The online baking portal may have computer-readable media for performing the method steps of storing a first display setting and a second display setting. The first display setting may define first purchase information for displaying on a user portal in connection with a credit card purchase. The second display setting may define second purchase information for displaying on a user portal in connection with a credit card purchase. The second purchase information may include less information than the first purchase information.

Virtual Payment Account & Transaction Method

A computer-implemented method for an electronic funds transfer, the method including obtaining a virtual payment account having access to a plurality of electronic payment mediums capable of being utilized in an electronic funds transfer. Obtaining, using an electronic payment management system, information related to the electronic fund and determining by the electronic payment management system based on the information related to the electronic fund a selected electronic payment medium from the plurality of electronic payment mediums for being the source of electronic funds for the electronic funds transfer. Based on the selection, recommending the selected electronic payment medium to a user for presentation to an electronic terminal for engaging in the electronic funds transfer. 1. A computer-implemented method for performing electronic funds transfer , the method comprising:obtaining, using a processor system of a device, a virtual payment account having access to a plurality of electronic payment mediums capable of being utilized in an electronic funds transfer;obtaining, using an electronic payment management system, information related to the electronic funds transfer;determining, by the electronic payment management system, based on the information related to the electronic funds transfer, a selected electronic payment medium from the plurality of electronic payment mediums for being a source of electronic funds for the electronic funds transfer; andrecommending the selected electronic payment medium to a user for presentation to an electronic terminal for engaging in the electronic funds transfer.2. The computer-implemented method of claim 1 , wherein the device is a mobile apparatus comprising a processor claim 1 , a memory in data communication with the processor claim 1 , and a global positioning system (GPS) configured to generate information related to a current location of the mobile apparatus and the processor.3. The computer-implemented method of ...

MULTI-FUNCTION APPLET POWERED CARDS AND OTHER DEVICES

A card or other device may include two or more contact chips, each contact chip associated with a different payment method. 1. A device , comprising:a first contact chip with a first primary account number (PAN) in storage, said first PAN associated with a first payment method; anda second contact chip with a second PAN in storage, said second PAN associated with a second payment method.2. The device of claim 1 , wherein said first payment method is credit claim 1 , andsaid second payment method is equated monthly installments (EMI). This application claims the benefit of U.S. Provisional Patent Application Nos. 62/911,357, titled “ADVANCED SECURE PAYMENT DEVICE,” filed Oct. 6, 2019 (Attorney Docket No. D/177PROV), 62/927,664, titled “SCALABLE LOYALTY PROCESSING APPARATUSES AND SYSTEMS AND METHODS OF HIGH VOLUME LOYALTY DATA PROCESSING,” filed Oct. 29, 2019 (Attorney Docket No. D/178PROV), 62/934,343, titled “SWITCH CARD OR DEVICE AND SYSTEM WITH MULTIPLE SECURE ELEMENTS,” filed Nov. 12, 2019 (Attorney Docket No. D/179PROV), 62/967,539, titled “SYSTEMS AND METHODS FOR TRANSACTION DETECTION AND TRANSACTION INDICATOR MECHANISMS FOR CARDS AND DEVICES,” filed Jan. 29, 2020 (Attorney Docket No. D/180PROV), and 62/987,276, titled “MULTI-FUNCTION APPLET POWERED CARDS AND OTHER DEVICES,” filed Mar. 9, 2020 (Attorney Docket No. D/181PROV), 62/987,279, titled “MULTI-FUNCTION APPLET POWERED CARDS AND OTHER DEVICES,” filed Mar. 9, 2020 (Attorney Docket No. D/181PROV), and 63/048,073, titled “PAYMENT DEVICE APPLETS WITH PRE-STORED MESSAGES AND TRIGGERABLE LOGIC,” filed Jul. 3, 2020 (Attorney Docket No. D/190PROV), each of which is hereby incorporated by reference herein in its entirety.Example embodiments relate to chip cards, magnetic cards, devices and transaction systems.A device according to example embodiments may include a first contact chip with a first primary account number (PAN) in storage, the first PAN associated with a first payment method, and a second contact chip ...

SELECTING A TRANSACTION CARD FOR A TRANSACTION BASED ON CHARACTERISTICS OF THE TRANSACTION

An example electronic wallet device may include a plurality of card slots configured to hold transaction cards, each card slot, of the plurality of card slots, including a card reader, and the plurality of card slots holding at least two transaction cards; and one or more processors to receive transaction information associated with a transaction at a transaction terminal, select a transaction card, of the at least two transaction cards based on the received transaction information, and/or provide a transaction token, associated with the selected transaction card to be used in connection with the transaction terminal to process the transaction. 1. An electronic wallet device comprising: each card slot, of the plurality of card slots, including a card reader, and', 'the plurality of card slots for holding at least two transaction cards;, 'a plurality of card slots configured to hold transaction cards,'}a communication interface for communication between the electronic wallet device and components of an environment; 'the first card reader interface connecting each card reader of at least two transaction cards in each card slot, of the plurality of card slots; and', 'a first card reader interface,'} the card slot module being removably connected to the electronic wallet device,', the removable module hub including,', 'a single card slot,', 'a single card reader, and', 'a second card reader interface,', 'the second card reader interface connecting to the first card reader interface, and the removable module hub connecting to a hub associated with the plurality of card slots, when the card slot module is physically connected to the electronic wallet device, and, 'a removable module hub,'}, 'the card slot module comprising], 'a card slot module,'} [ 'the transaction information being received via the communication interface;', 'receive transaction information associated with a transaction at a transaction terminal,'}, 'obtain card information associated with the at least ...

PROXY FOR MULTIPLE PAYMENT MECHANISMS

Various embodiments are related to apparatuses and methods for paying for a financial transaction using a proxy object. The proxy object can be associated with multiple payment accounts, for example accounts associated with credit cards and debit cards. A consumer can present the object to a payee to make a payment, and the payee can use a device to obtain information from the object. For example, when the proxy object is a proxy card similar to a credit card, the payee can use a card reader to read information from the magnetic stripe of the proxy card. The information can be transmitted to a financial system, and the financial system can communicate with a computer system that can select a payment account associated with the proxy card to use for the payment. The financial system can process the payment using the selected payment account. 1. A method for processing a financial transaction between a merchant and a consumer , the method comprising:receiving, from a point-of-sale (POS) system and by a computer system, transaction information associated with the financial transaction, the financial transaction involving a swipe of a proxy card through a card reader associated with the POS system, the proxy card being associated with a plurality of payment accounts each of the payment accounts associated with one of a credit card, a debit card, or a gift card;receiving, from the POS system and by the computer system, proxy card information obtained from the proxy card by the card reader, the proxy card information associated with a plurality of payment accounts;accessing, by the computer system and based on the proxy card information, a database to obtain payment account information;selecting, by the computer system, a first payment account based on the payment account information;transmitting, by the computer system and to a financial system, first payment account information to be used to generate an authorization for the financial transaction;receiving, by the ...

PORTABLE E-WALLET AND UNIVERSAL CARD

Universal cards are used in place of all the other traditional cards which a person may want to carry. The universal card can include a short range communications transceiver to communicate with a mobile device. The mobile device can include a user interface and an e-wallet application so that the user can interface with the e-wallet application for programming the universal card via the short range communication link. Once programmed, the universal card emulates a function of a traditional card. 1. A method of sharing medical information , the method comprising:receiving, by a card comprising a secure element, medical information about a user of a mobile computing device;storing the medical information in the secure element;receiving, by the card, authorization information defining access to the medical information in the secure element;establishing communication with a card reader;receiving, from the card reader, identification information;determining, by the card, whether the card reader is authorized to receive the medical information based on the identification information; andpassing the medical information to the card reader in response to determining that the card reader is authorized to receive the medical information.2. The method of claim 1 , wherein the identification information comprises one or more of an identifier of the card reader claim 1 , an identifier of medical personnel claim 1 , an identifier of a medical provider claim 1 , and a code associated with medical personnel.3. The method of claim 1 , wherein receiving the medical information comprises receiving the medical information from one or more of the user of the mobile computing device claim 1 , the mobile computing device claim 1 , and a medical provider.4. The method of claim 1 , wherein passing the medical information to the card reader comprises passing the medical information to the card reader via one or more of a dynamic magnetic stripe claim 1 , a dynamic radio frequency ...

INTELLIGENT PAYMENT CARD AND A METHOD FOR PERFORMING SECURE TRANSACTIONS USING THE PAYMENT CARD

An intelligent payment card and a method for performing a financial transaction using the payment card are disclosed. The payment card includes inter-alia a biometric sensor, an input module, and a display screen. The payment card is activated when a primary user successfully authenticates himself by the way of providing valid finger print(s) to the biometric sensor of the payment card. The payment card is removably embedded with criteria that dictate at least a maximum transaction amount, maximum number of transactions to be performed on the card and maximum threshold time for completing a transaction. The payment card also includes a processor unit which compares the authorization code input by the user with a unique identification number stored within the payment card, and upon successful authentication enables the user to perform desired financial transaction and also ensures that the removably embedded criteria are not violated during the financial transaction. 1. A payment card for a secure financial transaction comprises;a biometric sensor for activating the payment card;an input means for inputting a plurality of transaction details on the payment card;where the plurality of transaction details comprises a user account details, a unique authorization code, a preset amount of transaction, a preset number of transactions and a maximum threshold time for the transaction;a memory unit for storing the plurality of details for use in the financial transaction; compare the input unique authorization code with a unique identification number stored within the payment card;', 'authenticate the user;', 'enable the user to initiate the financial transaction on successful authentication,', 'enable a user to set preferences for the financial transaction;', 'enable a user to configure multiple user accounts for the payment card and to set usage preferences for each user account;, 'a processor unit adapted toa display screen to show the transaction logs; anda communication ...

COMBINATION PAYMENT CARD AND METHODS THEREOF

Systems and methods for processing payment transactions using combination payment cards. The combination payment card is associated with an open-loop account and one or more closed-loop accounts. Transaction information is received from a point-of-sale device. At least one of the closed-loop and open-loop account is debited. 1. A non-transitory computer readable medium having instructions stored thereon which when executed by a processor cause the processor to:receive transaction information from an acquirer through a sponsoring network, the transaction information comprising an authorization request, a payment card account number, and a merchant identifier;determine whether the payment card account number identifies a combination payment card, wherein the combination payment card has an assigned card number that is associated with both a closed-loop account and an open-loop account, wherein the closed-loop account associated with the assigned card number is affiliated with a closed-loop merchant and the open-loop account associated with the assigned card number is affiliated with the sponsoring network; [ 'when the closed-loop account has sufficient funds, cause an authorization of sale to be transmitted to the acquirer through the sponsoring network;', 'when the received transaction information is from the closed-loop merchant, determine whether the closed-loop account has sufficient funds;'}, 'when the open-loop account has sufficient funds, cause an authorization of sale to be transmitted to the acquirer through the sponsoring network; and', 'when the received transaction information is not from the closed-loop merchant, determine whether the open-loop account has sufficient funds;'}], 'determine, based on the merchant identifier, whether the transaction information is received from the closed-loop merchant;'}, 'when the payment card account number identifies the combination payment cardwhen the payment card account number is not associated with the combination ...

PAYMENT CARD HAVING LIGHT-EMITTING DIODE INDICATORS COORDINATED WITH STORED PAYMENT APPLICATIONS

In an IC (integrated circuit) card, a selection signal is received from a user-actuatable switch to select between two different payment card accounts, each represented by a respective account indicator number stored in the IC component of the card. In response to the selection signal, a light-emitting diode indicator on the IC card is illuminated to indicate selection of a corresponding one of the payment card accounts. 1. An apparatus comprising:a body;a first indicia printed on the body and representing a first payment card account;a first light-emitting diode (LED) mounted on the body in proximity to said first indicia;a second indicia printed on the body and representing a second payment card account different from the first payment card account;a second LED mounted on the body in proximity to said second indicia;a user-actuatable switch mounted on the body; andan integrated circuit (IC) supported by the body and operatively coupled to the first LED, the second LED and the user-actuatable switch;the IC storing a first account indicator number that corresponds to said first payment card account, and a second account indicator number that corresponds to said second payment card account;the IC programmed to allow a user to select between the first payment card account and the second payment card account by actuating the user-actuatable switch;the IC programmed to cause the first LED to be illuminated in response to the user selecting the first payment card account;the IC programmed to cause the second LED to be illuminated in response to the user selecting the second payment card account;the IC programmed to prevent the first account indicator number from being transmitted to a point of sale device at times when the first LED is experiencing a malfunction; andthe IC programmed to prevent the second account indicator number from being transmitted to the point of sale terminal at times when the second LED is experiencing a malfunction.2. A payment card comprising:a ...

SYSTEM AND METHOD FOR SPLIT PAYMENT CARD ACCOUNT TRANSACTIONS

A method includes receiving a first account indicator, where the first account indicator identifies a first financial account. The method further includes receiving a second account indicator, which identifies a second financial account. Still further, the method includes receiving a split signal, which indicates how future transactions are to be divided between the first financial account and the second financial account. The split signal may have been generated in response to interaction by an account holder with a slide-bar display element of a user interaction screen display. 1. A method comprising:receiving, in a split payment computer, a first account indicator, the first account indicator identifying a first financial account;receiving, in the split payment computer, a second account indicator, the second account indicator identifying a second financial account; andreceiving, in the split payment computer, a split signal, the split signal indicating how future transactions are to be divided between the first financial account and the second financial account; the split signal indicating a first percentage of a given one of said future transactions to be charged to said first financial account and a second percentage of said given one of said future transactions to be charged to said second financial account; the split signal having been generated in response to an interaction by a holder of the first and second financial accounts with a slide-bar display element of a user interaction screen display;said given one of said future transactions including a first authorization request processed in a computerized payment network for routing to a first issuer computer for charging said first percentage of said given one of said future transactions to said first financial account;said given one of said future transactions including a first authorization response issued by said first issuer computer and routed in the computerized payment network;said given one of said ...

Payment card and methods

One variation of a payment card includes: a sheet comprising first and second icons; a transducer configured to output a voltage in response to an impulse on the sheet; a wireless communication module; a first input region adjacent the first icon; a second input region adjacent the second icon; a magnetic stripe emulator; and a processor configured to transition from a passive state to an active state in response a voltage output from the transducer, to receive a first magnetic sequence command associated with a first payment method and a second magnetic sequence command associated with a second payment method, to assign the first payment method to the first input region and the second payment method to the second input region, to receive a selection for the second payment method from the second input region, and to control the magnetic stripe emulator according to the second magnetic sequence command.

System for Packaging, Processing, Activating, and Deactivating Multiple Individual Transaction Cards as a Singular Unit

A transaction card processing and activation system comprising the identification of a unique identifier corresponding to an aggregate of transaction cards of affiliated or non-affiliated card issuers and the activation of each transaction card corresponding to the unique identifier of the aggregate irrespective of the number, types, or card issuers of the transaction cards. Additionally, the present invention allows a point of sale entity to initiate the activation of each of the multiple, disparate transaction cards in the aggregate by merely processing the unique identifier associated with the aggregate. 1. A package assembly for processing a plurality of transaction cards at a point of sale comprising:at least two transaction cards, each with a unique account identifier associated with a unique account;a package for securing the plurality of transaction cards, wherein the package comprises at least three distinct identifiers, wherein the at least three distinct identifiers comprise a unique package identifier, a vendor product identification code identifier, and an identifier which is a combination of the unique package identifier and the vendor product identification code identifier.2. The package assembly of claim 1 , wherein the package further comprises transaction cards issued by a singular card issuer.3. The package assembly of claim 1 , wherein the package further comprises transaction cards issued by a plurality of card issuers.4. The package assembly of claim 1 , wherein the package further comprises transaction cards issued by affiliated issuers.5. The package assembly of claim 1 , wherein the package further comprises transaction cards issued by non-affiliated issuers.6. The package assembly of claim 1 , wherein the package further comprises an identifier that is interpretable by a point of sale component.7. The package assembly of claim 1 , wherein the at least three distinct identifiers comprise bar codes claim 1 , magnetic strips claim 1 , series ...

ONE USE WEARABLE

Disclosed embodiments include methods, systems, and computer-readable media configured to, for example, provide payment tokens for conducting transactions, as well as reprovisioning tokens, on wearable devices without Bluetooth® or other network connectivity beyond NFC radio. 120-. (canceled)21. A method of configuring a wearable device , comprising:providing an interface on a user device, the user device comprising a processor configured to execute software instructions stored in a memory to provide the interface;receiving a wearable device ID from the user device via the interface;identifying a token stored on a secure element of the wearable device based on the wearable device ID;receiving user personal information from the user device via the interface; andtransmitting the user personal information to a token vault for association with the wearable device ID and identified token.22. The method of claim 21 , wherein the interface is provided via one of a website claim 21 , an online portal claim 21 , or an application programming interface (API).23. The method of claim 21 , wherein the token is identified from a plurality of tokens stored on the secure element.24. The method of claim 23 , wherein the secure element comprises memory storing a plurality of token slots and a plurality of corresponding token values claim 23 , each token value corresponding to a different financial account.25. The method of claim 23 , wherein the secure element comprises memory storing a plurality of token slots and a plurality of corresponding token values claim 23 , each token value corresponding to the same financial account.26. The method of claim 21 , further comprising:authenticating a wearable device user based on the user personal information.27. The method of claim 26 , wherein authenticating the user comprises interacting with a financial service provider server to confirm the user personal information.28. The method of claim 21 , further comprising receiving financial ...

Transaction token that stores and presents location-specific token identifiers

In certain embodiments, location-based activation of card identifiers may be facilitated. In some embodiments, an electrophoretic display card may store a set of location-specific card identifiers, where each card identifier of the set is associated with (i) an account of a user and (ii) creation location information indicating a device location of the user at a creation time of the card identifier. In response to being powered by a user device, the card may initiate wireless communication with the user device. The card may determine a device location of the user device, select a card identifier from the set of card identifiers that matches the device location, and switch a state of the card identifier to an active state to enable transaction processing for the card identifier. In some embodiments, the card may cause the active card identifier to be presented on an electrophoretic display of the card.

METHOD AND SYSTEM FOR HYBRID TRANSPORTATION-ENABLED PAYMENT CARD

A method for processing a payment transaction using a hybrid payment card includes: storing an account profile, the profile including data related to a hybrid payment card including a prepaid balance and a credit allowance; receiving a validation request, the request including a transaction amount; processing the received validation request, the processing including: generating a positive validation response and a validation transaction that indicates payment is made using the prepaid balance if the prepaid balance is greater than the transaction amount, generating a positive validation response and a validation transaction that indicates payment is made using the credit allowance if the prepaid balance is less than the transaction amount and if the credit allowance is greater than the transaction amount, and generating a negative validation response if the prepaid balance and credit allowance are less than the transaction amount; and transmitting the generated validation response.

PAYMENT SYSTEM, ELECTRONIC DEVICE AND PAYMENT METHOD THEREOF

An electronic device for making a payment is provided. The electronic device includes a display configured to receive a user command, a transceiver configured to communicate with an external device, and a processor configured to request a token associated with a financial service from a payment server when a user requests the financial service and to generate data for providing the financial service by using the token and service information when the token and the service information associated with the financial service is received from the payment server. 1. An electronic device comprising:a display configured to receive a user command;a biometric sensor;a communication circuit configured to communicate with an external device;a memory configured to store a private key; and receive a payment request of a user using the display,', 'in response to the payment request, receive a payment request of a user using the biometric sensor,', 'perform biometric authentication based on obtained biometric information,', 'if the biometric authentication is completed, transmit first information encrypted by using the private key to an authentication server for user authentication using the communication circuit,', 'receive second information corresponding to result of the user authentication performed by the authentication server based on the first information using the communication circuit,', 'in response to receipt of the second information, transmit a payment data request to a payment server for issuing payment data or acting to issue the payment data using the communication circuit,', {'b': '1', 'receive payment data issued based on the payment data request, corresponding to at least one of track , track 2 and track 3 of payment card from the payment server using the communication circuit, and'}, 'transmit a signal generated based on the received payment data., 'a processor electrically connected to the display, the biometric sensor, the communication circuit and the memory, ...

ONE USE WEARABLE

Disclosed embodiments include methods, systems, and computer-readable media configured to, for example, provide payment tokens for conducting transactions, as well as reprovisioning tokens, on wearable devices without Bluetooth® or other network connectivity beyond NFC radio. 1. A wearable device , comprising:a near field communication (NFC) system for performing one or more transactions using NFC radio;a secure element for providing an environment in which processes and data are be securely stored and executed, the secure element including a plurality of slots;at least one storage device storing instructions for conducting a transaction; and establishing NFC radio communication with a third-party device,', 'identifying an active slot associated with a token, and', 'providing, by the established NFC radio communication and in response to a request by the third-party device, the token stored in the active slot of the secure element., 'at least one processor configured to execute the instructions to perform operations comprising2. The wearable device of claim 1 , wherein the at least one processor is configured to execute the instructions to perform operations further comprising:receiving, by the established NFC radio communication and from the third-party device, reprovisioning data provided by a token vault; andstoring a new token included in the reprovisioning data to the secure element.3. The wearable device of claim 2 , wherein the at least one processor is configured to execute the instructions to perform operations further comprising:receiving, by the established NFC radio communication and from the third-party device, reprovisioning data when a confidence score falls below a predetermined threshold indicative of the token being compromised.4. The wearable device of claim 2 , wherein the at least one processor is configured to execute the instructions to perform operations further comprising:receiving, by the established NFC radio communication and from the ...

COMBINATION PAYMENT CARD AND METHODS THEREOF

Systems and methods for processing payment transactions using combination payment cards. The combination payment card is associated with an open-loop account and one or more closed-loop accounts. Transaction information is received from a point-of-sale device. At least one of the closed-loop and open-loop account is debited. 120-. (canceled)21. A non-transitory computer readable medium having instructions stored thereon which , when executed by one or more processors , cause the one or more processors to perform operations for processing an electronic payment transaction using a combination transaction vehicle , the operations comprising:receiving, at an issuer processor over an electronic network, transaction information from an acquirer processor;determining, by the issuer processor, that the transaction information identifies a combination transaction vehicle, the combination transaction vehicle associated with at least one of a closed-loop account and an open-loop account;evaluating, by the issue processor, the transaction information to provide a first determination that the transaction information is received from a closed-loop merchant affiliated with the closed-loop account;evaluating, by the issue processor, the closed loop account to provide a second determination that the closed-loop account has insufficient resources;evaluating, by the issue processor and based on the second determination, the open-loop account to provide a third determination; andtransmitting, by the issuer processor, an authorization or a declination to the acquirer processor over the electronic network, the authorization or the declination based on the first determination, the second determination, and the third determination.22. The non-transitory computer readable medium of claim 21 , wherein the authorization is transmitted to the acquirer processor based on the third determination indicating that the open-loop account has sufficient resources.23. The non-transitory computer ...

Information system, card device, terminal device, and server device

[Problem] To assist a user to use a card with which the user can receive a beneficial reward. [Solution] An information system including: a store information storage unit in which one or more pieces of store information are stored, each piece of store information including a store identifier that identifies a store, and two or more pieces of card information each including a card identifier that identifies a card that is available at the store and reward information regarding a reward that is to be gained when the card is used; a store specifying information accepting unit that accepts store specifying information that specifies a store at which a card is used; an owned-card specifying information acquisition unit that acquires owned-card specifying information that specifies two or more cards owned by a user; a reward-related information acquisition unit that uses two or more pieces of reward information included in card information regarding two or more cards corresponding to two or more pieces of card information included in store information regarding a store specified by the store specifying information, out of two or more cards specified by the owned-card specifying information, to acquire reward-related information related to reward information regarding two or more cards that the user can use at the store; and a reward-related information output unit that outputs the reward-related information.

PAYMENT CARD AND METHODS

One variation of a payment card includes: a sheet comprising first and second icons; a transducer configured to output a voltage in response to an impulse on the sheet; a wireless communication module; a first input region adjacent the first icon; a second input region adjacent the second icon; a magnetic stripe emulator; and a processor configured to transition from a passive state to an active state in response a voltage output from the transducer, to receive a first magnetic sequence command associated with a first payment method and a second magnetic sequence command associated with a second payment method, to assign the first payment method to the first input region and the second payment method to the second input region, to receive a selection for the second payment method from the second input region, and to control the magnetic stripe emulator according to the second magnetic sequence command. 1. A method for controlling a payment card comprising a magnetic stripe emulator , the method comprising:at the payment card, wirelessly transmitting a first inquiry for a computing device affiliated with the payment card; initiating a first timer for a first duration of time, and', 'enabling a function of the magnetic stripe emulator to emulate a payment method based on a magnetic sequence command corresponding to the payment method and stored on the payment card;, 'in response to receipt of a first wireless communication from the computing device following the first inquiry initiating a second timer for a second duration of time, and', 'at the payment card, wirelessly transmitting a second inquiry for the computing device;, 'in response to expiration of the first timerin response to expiration of the second timer prior to receipt of a second wireless communication from the computing device following the second inquiry, disabling the function of the magnetic stripe emulator.2. The method of claim 1 , wherein wirelessly transmitting the first inquiry for the computing ...

DIRECTING A TRANSACTION FROM ONE CARD TO ANOTHER CARD BASED ON A CARDHOLDER PREFERENCE PROVIDED TO AN ISSUER

A computer-implemented method performed by an issuer computer comprises receiving an authorization request for a transaction between a cardholder and a merchant using a first account identifier. A repository is searched for a preference set with the issuer by a cardholder to use a second account identifier when at least one transaction is received for the first account identifier. The transaction is authorized using the second account identifier in place of the first account identifier without knowledge by the merchant that the second account identifier was used. An authorization response is then returned to the merchant. 1. A computer-implemented method , comprising:providing a wallet application for execution on an electronic device of a cardholder, the wallet application displaying a card preference screen to enable a cardholder to direct transactions from one card to another, the card preference screen including replacement preferences and merchant notification preferences,wherein the replacement preferences control use of a replacement card and is populated with a list of account identifiers retrieved from an account repository that shows a first account identifier is currently used for transactions and a prompt to select one of the listed account identifiers as a replacement card, andwherein the merchant notification preferences enable the cardholder to control what an issuer communicates to one or more merchants about the replacement card including: I) the issuer should notify a particular merchant to replace an existing card on file with the replacement card; II) the issuer should notify the particular merchant to add the replacement card as a separate card on file; III) the issuer should notify the particular merchant to move any recurring transactions to the replacement card;receiving, by the issuer computer over a network, the card replacement preferences set by the cardholder, including an indication that a second account identifier is to be used as a ...

SYSTEM AND METHOD FOR PROVIDING SMART ELECTRONIC WALLET AND RECONFIGURABLE TRANSACTION CARD THEREOF

A smart electronic wallet with reconfigurable multiple-account transaction card is provided. The system and method provide measures for storing a plurality of account identifiers from a plurality of traditional single-use transaction cards into a storage memory in a smart wallet. The system and method also provide for storing a reconfigurable multiple-account transaction card within the smart electronic wallet and allowing for it to be dynamically and selectively reconfigured for any one of the plurality of account identifiers stored within the smart electronic wallet. Additionally, a consumer is able to initiate a transfer or trade of transaction cards across different smart electronic wallet devices. 1. A reconfigurable transaction proxy card selectively encoding at least one of a plurality of account identifiers for emulating a wallet and account-bearing transactional cards , comprising:a substrate;a transaction-terminal interface unit disposed in said substrate and selectively encoding at least an account identifier corresponding to at least one of a plurality of predetermined account-bearing transaction cards, said transaction-terminal interface unit being thereby readable in substantially identical manner as selected ones of the predetermined account-bearing transaction cards;a storage memory disposed in said substrate, said storage memory storing at least a secondary account information related to the account identifier;a controller disposed in said substrate and coupled to said storage memory, said controller selectively retrieving at least the secondary account information related to the account identifier from said storage memory; and,an electronic display disposed on said substrate and coupled to said controller and said storage memory for displaying said retrieved secondary account information relating to said account identifier corresponding to a predetermined account-bearing transaction card encoded on said transaction-terminal interface unit.2. The ...

MULTIPLE ACCOUNT ADVANCED PAYMENT CARD AND METHOD OF ROUTING CARD TRANSACTIONS

A system of accessing through a financial processing network multiple accounts associated with a single financial card. Data is input to the financial network in addition to the transaction data and the account identification data that in read from the card. This addition data permits the proper account to be accessed. The data may be input at the point of sale as an account selection. In this instance, the selection may be used to route the transaction data through the financial processing network or may be used to read data regarding one of multiple accounts encoded on the card. The data may also be stored as conditional routing rules at transfer points in the financial processing network. In this instance, the transaction is routed to the proper account based on the stored rules.

Proxy card providing indirect funds access

A proxy card used at an ATM, or at any vendor store, that has a legacy point of sale unit or at a store with the smart point of sale. In general, it can be used with any vendor and otherwise as any credit or debit card might be used. The point-of sale unit interacts with a multi-source processing system (MSPS) that, instead of servicing a single money source, interacts with more than one of a plurality of monetary sources that may be associated with the proxy card. The money transferred from credit or debit accounts of the user may be either transferred directly or indirectly via a proxy central account associated with the MSPS that a user maintains.

INFORMATION PROCESSING APPARATUS AND METHOD

There is provided an information processing apparatus and method for achieving easily reducing the risk of unauthorized use. The information processing apparatus includes: a management unit configured to retrieve service use information that is used for using a service and recorded on a recording medium in association with card identification information regarding other account information different from predetermined account information, the card identification information identifying a card for using the service; and a communication unit configured to upload the service use information obtained through the retrieval. The present technology is applicable to service providing systems. 1. An information processing apparatus , comprising:a management unit configured to retrieve service use information that is used for using a service and recorded on a recording medium in association with card identification information regarding other account information different from predetermined account information, the card identification information identifying a card for using the service; anda communication unit configured to upload the service use information obtained through the retrieval.2. The information processing apparatus according to claim 1 ,wherein, in a case where a login is made with the predetermined account information, the management unit retrieves the service use information, and wherein the communication unit uploads the service use information.3. The information processing apparatus according to claim 1 ,wherein the management unit retrieves the service use information recorded on the recording medium in association with the card identification information regarding the other account information received from a server, andwherein the communication unit uploads the service use information to the server.4. The information processing apparatus according to claim 3 ,wherein the communication unit transmits, to the server, the predetermined account information ...

MULTI-LAYERED CREDIT CARD WITH TRANSACTION-DEPENDENT SOURCE SELECTION

Techniques are described herein for selecting an optimal financial account for a financial transaction. In an embodiment, a multi-account payment card is used to initiate a financial transaction. Transaction information of the financial transaction including a multi-account payment card ID is transmitted to a server for processing. The server determines that the multi-account payment card ID is associated with a plurality of financial accounts, wherein each of the plurality of financial accounts is associated with any one of a credit card, a debit card, an automatic teller machine (ATM) card, a gift card, or a credit line. A financial account of the plurality of financial accounts is selected by the server based on financial account information, such as reward information, associated with the plurality of financial accounts and the transaction information of the financial transaction. The financial transaction is then charged to the selected financial account. 1. A computer-implemented method for selecting an optimal financial account for a financial transaction , comprising:receiving transaction information of the financial transaction, the financial transaction involving a multi-account payment card associated with a multi-account payment card ID;determining that the multi-account payment card ID is associated with a plurality of financial accounts;wherein each of the plurality of financial accounts is associated with a distinct payment source; financial account information associated with the plurality of financial accounts, and', 'the transaction information of the financial transaction;, 'in response to determining that the multi-account payment card ID is associated with a plurality of financial accounts, selecting a first financial account of the plurality of financial accounts based, at least in part, oncausing the financial transaction to be charged to the first financial account.2. The method of claim 1 , wherein selecting the first financial account of ...

Switch card or device and system with multiple secure elements

A device, such as a flexible card, may include a secure element to store first card information, a second secure element to store second card information, and a slider to select between secure elements.

SINGLE PAYMENT CARD FOR FLEXIBLE PAYMENT VEHICLE OPTIONS FOR A TRANSACTION

Embodiments of the invention are directed to a system, method, or computer program product for providing a customer with a single transaction card that is tied to the customer's available payment vehicles. As such, the single transaction card may be utilized by the customer to complete a transaction with a merchant. Subsequently, based on customer rules or customer selection, the invention may direct the transaction to the selected payment vehicle. Rules include any preferences that a customer may input that allows the invention to automatically apply a single transaction card transaction to a payment vehicle. As such, rules may be trigged for a specific merchant, a specific transaction amount, a specific location, and/or the like. If a rule is triggered by a transaction made with the single transaction card, the triggered transaction will be automatically applied to the payment vehicle tied to that rule. 1. A system for a single transaction card associated with one or more payment vehicles to complete a transaction , the system comprising:a memory device with computer-readable program code stored thereon;a communication device; provide a single transaction card to a customer, wherein the single transaction card acts like a payment card and is associated with one or more payment vehicles available to the customer;', 'determine one or more payment vehicles available to the customer and associated the one or more payment vehicles with the single transaction card;', 'provide rules engine for customer rules input, wherein the inputted rules determine a selected payment vehicle for a transaction based on a rules triggering event;', 'receive indication of a transaction between the customer and a merchant, wherein the single transaction card was utilized in the transaction;', 'receive transaction details associated with the transaction between the customer and the merchant, wherein transaction details include merchant type, merchant location, merchant name, products of the ...

MULTI-PURSE ONE CARD TRANSACTION APPARATUSES, METHODS AND SYSTEMS

The Multi-Purse One Card Transaction Apparatuses, Methods And Systems (“MPOC”) transform purchase item information inputs via MPOC components into account payment settlement outputs. In one implementation, the MPOC may obtain purchase item information and consumer digital wallet information at a merchant terminal; obtain consumer payment account usage rules based on the consumer digital wallet information; obtain purchase item category information from the purchase item information; determine that at least one purchase item qualifies for a consumer payment account based on the consumer payment account usage rules; generate a payment authorization request message in compliance with a transaction processing format; and send the generated payment authorization request message to a financial transaction processing server. 1. A processor-implemented payment method comprising:receiving a payment authorization request message at a financial transaction processing server associated with a purchase transaction, wherein the payment authorization request message is in compliance with a transaction processing format;processing, by the processing server, the payment authorization request message to obtain a value from a field that indicates an account type identified by user input and a unique identifier associated with a merchant;processing, by the processing server, the account type to determine which of a restricted-use account and a non-restricted use account has been identified as a source of funds for the payment transaction;in response to determining that the restricted-use account has been identified as the source of funds, processing the unique identifier to determine that the merchant is an eligible provider of a good or service associated with the restricted-use account;in response to determining that the merchant is an eligible provider, identifying routing information of an issuer processor associated with the restricted-use account; androuting, using the identified ...

METHOD FOR ENCRYPTING TRANSACTIONS AT A DYNAMIC TRANSACTION CARD

One variation of a method for controlling a dynamic transaction card includes: at a first time, accessing a first cryptogram; at a second time, establishing a wireless connection with a mobile computing device; in response to establishing the wireless connection with the mobile computing device, accessing a first token associated with the first cryptogram from the mobile computing device via the wireless connection; generating a first magnetic stripe sequence command representing the first cryptogram and the first token; and in response to detecting a magnetic stripe card reader proximal a magnetic stripe emulator integrated into the dynamic transaction card at a third time succeeding the second time, driving the magnetic stripe emulator according to the first magnetic stripe sequence command. 1. A method comprising , at a dynamic transaction card:at a first time, accessing a first cryptogram;at a second time, establishing a wireless connection with a mobile computing device;in response to establishing the wireless connection with the mobile computing device, accessing a first token associated with the first cryptogram;generating a first magnetic stripe sequence command representing the first cryptogram and the first token; andin response to detecting a magnetic stripe card reader proximal a magnetic stripe emulator integrated into the dynamic transaction card at a third time succeeding the second time, driving the magnetic stripe emulator according to the first magnetic stripe sequence command.2. The method of claim 1 , wherein accessing the first cryptogram comprises claim 1 , at the first time preceding the second time claim 1 , storing a unique claim 1 , static cryptogram generated by an external cryptogram generator.3. The method of claim 1 , wherein accessing the first cryptogram comprises claim 1 , at the first time succeeding the second time claim 1 , at a local cryptogram generator integrated into the dynamic transaction card claim 1 , generating a single- ...

SYSTEMS AND METHODS FOR TRANSFERRING RESOURCE ACCESS

Systems and methods for transferring resource access from a sender to a recipient are disclosed that can allow a sender to specify an amount of a resource to provide access to (e.g., an amount of money or an amount of access rights), while still providing security for the sender's sensitive credential information (e.g., PAN and/or PIN). These systems and methods can allow a sender to transfer resource access from any location and at any time of the day. In the case of money transfers, the recipient can quickly and directly obtain the money from any ATM location associated with any bank and at any time of the day, even without a bank account. 1. A method comprising:obtaining, by a server computer, a token corresponding to an account identifier and a recipient code associated with a sender code, the account identifier and the sender code associated with a sender, and the token and the recipient code capable of being used at only at a specific terminal;sending, by the server computer, the token and the recipient code to a recipient using a recipient identifier;receiving, by the server computer, a request to access a resource, the request including the token and the recipient code, from the specific terminal;translating, by the server computer, the token into the account identifier and the recipient code into the sender code; andprocessing, by the server computer, the request using the account identifier and the sender code.2. The method of claim 1 , further comprising:after processing the request, invalidating the token and the recipient code.3. The method of claim 2 , further comprising:after invalidating the token and the recipient code, receiving another request to access the resource, the another request including the token and the recipient code; anddeclining the another request.4. The method of claim 1 , wherein the recipient code is generated after being selected by the sender.5. The method of claim 1 , wherein the recipient identifier is associated with a ...

SYSTEMS AND METHODS FOR A PAYMENT CARD WITH MULTIPLE FUNDING SOURCES

A system and computer-implemented method includes the operations of transmitting a cold reset signal to a multiple-funding source payment card and receiving a first answer-to-reset message therefrom. The first answer-to-reset message includes governing rules for performing a single-swipe transaction. The operation also includes receiving payment account details for a first payment account in accordance with the governing rules. A first PIN associated with the first payment account is input by a cardholder and a first payment authorization request message for approval of the single-swipe transaction is transmitted. Upon receipt of a payment declined response message, a warm reset signal is transmitted to the payment card. A second answer-to-reset message is received including payment account details for a second payment account. The cardholder inputs a second PIN associated with the second payment account and a second payment authorization request message for approval of the single-swipe transaction is transmitted. 1. A method comprising the operations of:executing a card modification application stored on a computing device;establishing, by the card modification application, communication with a micromodule of a multiple-funding source payment card;retrieving, by the card modification application, card data from a secure area of a memory component of the multiple-funding source payment card, the card data including account details data for a plurality of accounts, including a first account having a first PIN associated therewith, and a second account having a second PIN associated therewith, the card data further including governing rules for accessing the account details data of the plurality of accounts;presenting, via a graphical user interface of the card modification application, one or more options to update the card data stored in the memory component;receiving, via the graphical user interface, input corresponding to a selected option of the presented one or ...

Portable multifunction device with multiple applications

A system and method for operating a reward points accumulation and redemption program wherein a user earns reward points from a plurality of independent reward points issuing entities, with each tracking the user's earned reward points in a user reward point account stored on a multi-function card (such as a frequent flyer account or a credit card loyalty account). The multi-function card is adapted to aggregate some or all of the user's earned reward points from the reward accounts and credit the aggregated points into a single reward exchange account on the multi-function card. The user may then select an item for purchase with the accumulated reward points from the multi-function card. The item is provided to the user in exchange for a subset or all of the reward points from the multi-function card.

DEVICE INCLUDING IMAGE WITH MULTIPLE LAYERS

A mobile device is disclosed. The method device includes an image including a transactional image layer and a master image layer. The mobile device can be used to conduct transactions. 129.-. (canceled)30. A method comprising:detecting, by a processor in a mobile device, an initiation of a transaction using the mobile device; receives the retrieval message from the mobile device,', 'retrieves a transactional image layer from a memory based on the identifier associated with the mobile device, and', 'provides the transactional image layer to the mobile device; and, 'sending, by the processor, a retrieval message to a remote server computer via a communications network, the retrieval message including an identifier associated with the mobile device, wherein the remote server computer'}displaying, by the processor, image data including the transactional image layer and a master image layer via a display of the mobile device.31. The method of claim 30 , wherein the transactional image layer includes at least one of transactional data associated with the mobile device and transactional data for the transaction.32. The method of claim 30 , wherein the mobile device is a mobile phone.33. The method of claim 30 , wherein the transactional image layer comprises an available balance associated with the identifier for the mobile device.34. The method of claim 30 , further comprising:converting, by a wireless transceiver of the mobile device, the retrieval message to an RF signal prior to sending the retrieval message to the remote server computer.35. The method of claim 30 , wherein the communications network is a wireless communications network.36. The method of claim 30 , wherein the transactional image layer comprises data relating to a current purchase.37. The method of claim 30 , wherein the remote server computer further:retrieves the master image layer from a memory based on the identifier associated with the mobile device,processes the master image layer and the ...

METHOD FOR ENCRYPTING TRANSACTIONS AT A DYNAMIC TRANSACTION CARD

One variation of a method for controlling a dynamic transaction card includes: at a first time, accessing a first cryptogram; at a second time, establishing a wireless connection with a mobile computing device; in response to establishing the wireless connection with the mobile computing device, accessing a first token associated with the first cryptogram from the mobile computing device via the wireless connection; generating a first magnetic stripe sequence command representing the first cryptogram and the first token; and in response to detecting a magnetic stripe card reader proximal a magnetic stripe emulator integrated into the dynamic transaction card at a third time succeeding the second time, driving the magnetic stripe emulator according to the first magnetic stripe sequence command. 1. A method comprising , at a dynamic transaction card:at a first time, accessing a first cryptogram;at a second time, establishing a wireless connection with a mobile computing device;in response to establishing the wireless connection with the mobile computing device, accessing a first token associated with the first cryptogram;generating a first magnetic stripe sequence command representing the first cryptogram and the first token; andin response to detecting a magnetic stripe card reader proximal a magnetic stripe emulator integrated into the dynamic transaction card at a third time succeeding the second time, driving the magnetic stripe emulator according to the first magnetic stripe sequence command.2. The method of claim 1 , wherein accessing the first cryptogram comprises claim 1 , at the first time preceding the second time claim 1 , storing a unique claim 1 , static cryptogram generated by an external cryptogram generator.3. The method of claim 1 , wherein accessing the first cryptogram comprises claim 1 , at the first time succeeding the second time claim 1 , at a local cryptogram generator integrated into the dynamic transaction card claim 1 , generating a single- ...

MULTI-ACCOUNT CARD

A system for conducting a transaction is disclosed. The system may include one or more memory devices storing instructions and one or more processors configured to execute the instructions to receive information associated with a transaction initiated using a multi-account card. The one or more processors may be further configured to select and employ one of a plurality of transaction accounts to complete the transaction. 120-. (canceled)21. A system for conducting a transaction , the system comprising:one or more memory units for storing instructions; and receiving information associated with a transaction initiated using a multi-account card, the multi-account card being associated with a plurality of accounts of a user;', 'determining, for the accounts, whether the transaction is authorized by the accounts;', 'transmitting, based on a determination that the transaction is not authorized, a notification to a client device of the user indicating the accounts for which the transaction is not authorized;', 'receiving, from the client device, an indication to proceed using the accounts for which the transaction is authorized;', 'generating a pending transaction for the authorized accounts to complete a purchase from a merchant;', 'maintaining an opportunity for a period of time for a user to make a selection of one of the authorized accounts to complete the transaction; and', 'completing the transaction based on the selection., 'one or more processors configured to execute the instructions to perform operations comprising22. The system of claim 21 , the operations further comprising:transmitting data to the client device, the data comprising instructions to prompt the user to select one of the accounts to complete the transaction, if the selection has not been made within the period of time.23. The system of claim 21 , the operations further comprising:receiving, from the client device, a selection of one of the accounts for which the transaction is authorized.24. The ...

REAL TIME SPLITTING OF PAYMENTS FOR TRAVEL

An apparatus, medium, and method including receiving transaction details related to a purchase transaction from a first user, the transaction details including at least a purchase amount; receiving a request to split the purchase amount between multiple users, the multiple users including the first user; dividing the purchase amount between the multiple users; and completing the purchase transaction directly with the multiple users in accordance with the purchase amount divided between the multiple users and a payment account device associated with each of the multiple users. 1. A method comprising:receiving transaction details related to a purchase transaction from a first user, the transaction details including at least a purchase amount;receiving a request to split the purchase amount between multiple users, the multiple users including the first user;dividing the purchase amount between the multiple users; andcompleting the purchase transaction directly with the multiple users in accordance with the purchase amount divided between the multiple users and a payment account device associated with each of the multiple users.2. The method of claim 1 , wherein the multiple users are each registered for splitting purchase transactions with each other.3. The method of claim 1 , further comprising registering each of the users for splitting purchase transactions with the other multiple users.4. The method of claim 3 , wherein the registering comprises each user authorizing at least one payment account device for use in a split purchase transaction.5. The method of claim 1 , further comprising:sending, in response to receiving the request to split the purchase amount between the multiple users, a request for approval from each of the multiple users; andreceiving, from each of the multiple users, an approval to participate in the split purchase transaction.6. The method of claim 1 , wherein the purchase transaction is related to a predetermined event.7. An apparatus ...

Payment Cards for Multiple Accounts, and Methods Associated Therewith

Provided is a payment card for multiple accounts. The card comprises a card member; a plurality of programmable chips, at least one of which is releasably attached to the card member; each programmable chip has an associated personal identification number (PIN); and a control chip operable for selecting one of the programmable chips to be active during a transaction. 1. A payment card for multiple accounts , the payment card comprising:a card member;a plurality of programmable chips, at least one of which is releasably attached to the card member; each programmable chip including an associated personal identification number (PIN); anda control chip operable for selecting one of the programmable chips to be active during a transaction.2. The payment card of claim 1 , further comprising a magnetic stripe.3. The payment card of claim 2 , wherein the control chip is configured to communicate with the magnetic stripe; andwherein the control chip is configured to control whether the magnetic stripe is utilized in a transaction.4. (canceled)5. The payment card of claim 1 , wherein the control chip is configured to provide virtual card capabilities.6. The payment card of claim 1 , further comprising a near field communication module.7. The payment card of claim 1 , further comprising a biometric reader.8. The payment card of claim 7 , wherein the biometric reader is operable to read a fingerprint.9. The payment card of claim 1 , further comprising an indicator for indicating the selected one of the programmable chips.10. The payment card of claim 1 , further comprising a display.11. The payment card of claim 1 , further comprising a power source.12. A method of manufacturing a payment card for multiple accounts claim 1 , the method comprising:providing a card member;providing a plurality of programmable chips, at least one of which is releasably attached to the card member; each programmable chip including an associated personal identification number (PIN); andproviding a ...

Multi-Use Card and System

A multi-use card is presented. The multi-use card can be selectively configured to operate and/or function as any one of a plurality of associated cards (including credit cards, identity cards, access cards, membership cards, loyalty cards, and the like). The multi-use card can also be configured to display one or more messages from third parties on a display area on one or more surfaces of the card. The multi-use card includes communication abilities to communicate with one or more external computing devices by way of near field communications. The multi-use card is configured with associated cards and messages via the near field communications. Additionally, the multi-use card includes a power source that is charged by way of near field communications with the card. 1. A method , as implemented on a multi-use card including at least a processor , a memory , and a display area on the multi-use card , for displaying a message from a third party , the method comprising:configuring the multi-use card to operate as one of a plurality of associated cards stored in the memory on the multi-use card;receiving a message by way of near field communications from a mobile device, wherein the multi-use card and the mobile device are both associated with a user;storing the received message in the memory of the multi-use card; anddisplaying the message by way of the display area on the multi-use card.2. The method of claim 1 , wherein display of the message is independent of the multi-use card being selectively configured as an associated card.3. The method of claim 1 , wherein the plurality of associated cards comprise at least one of a credit card claim 1 , a loyalty card claim 1 , a membership card claim 1 , or an access card.4. The method of further comprising selectively reconfiguring the multi-use card to operate as a second of the plurality of associated cards.5. The method of claim 4 , wherein the user selectively reconfigures the multi-use card by way of user controls on ...

SYSTEMS AND METHODS FOR MULTI-USE ACCOUNT SYSTEM

The present disclosure relates to an account system for optimizing transactions for a user. In one implementation, the system may include at least one processor and a storage medium storing instructions that, when executed, configure the at least one processor to perform operations. The operations may include receiving, from the merchant system, merchant information for the transaction, retrieving, based on the account number, a database record from a database, the database record comprising the plurality of financial accounts associated with the user and user preferences, determining financial account data associated with each of the plurality of financial accounts, determining, using an optimization algorithm, a preferred financial account from the plurality of financial accounts based on the financial account data, the user preferences, and the merchant information, and selecting, based on the determination, the preferred financial account to complete the transaction. 120.-. (canceled)21. An account system for optimizing transactions for a user , the system comprising:at least one processor; and receiving, from the user at a user interface, account information associated with a first financial account of a plurality of financial accounts, wherein the plurality of financial accounts is associated with the user;', 'storing the received account information in a database storing user information, the user information comprising financial account data of the plurality of financial accounts associated with the user;', 'receiving card information during a transaction at a merchant system, wherein the card information includes a single account number associated with the plurality of financial accounts;', 'receiving, from the merchant system, merchant information for the transaction;', 'retrieving, based on the account number, a database record from the database, the database record comprising the plurality of financial accounts associated with the user and user ...

Method and System to Reduce Transaction Fee by Dynamic Mapping of Retail Cards and Main Credit Card

A method and system to reduce card transaction fee while enabling the payment from dynamically mapped retail cards. Being a mapping and API based solution, technical integration with any bank is much easier with very less cost while enabling the easy future enhancements. With this Solution customer will map all his retail card to any one credit card on app and while making the payments solutions will enable bank to take payment from the respective retail card for retailer. With this mapping-based solution customer will get same functionality, if due to any reason he is not able to use his mobile for payment and use the credit card mapped. 1. A method and system to save on traction fee to merchant: As this solution enables making the payments from respective retail card at retailer's POS hence will save merchant on the interchange fee.2. A method and system to provide Unique feature of using digital wallet without smartphone:Cardholder can map any number of retail cards on device, also he need not to worry if his smartphone is not functional at the time of payment. Once he uses the main card, the solution will enable merchant bank to identify the mapped retail card.3. A method and system to make transactions Simple and Secure: Solution use a set of APIs and decisioning logic without storing cardholder information that makes the solution simple and secure.4. A method and system to make Easy and economical integration with banks: Solution has the same set of APIs which can be used by any bank with different secured keys , hence it is easy to integrate with less IT cost.5. A method and system to enable Easy enhancements to solution: Being a mapping-based mechanism , any further mapping can be pulled. Example Reward information already mapped to retail cards at bank side , enabled mapping of main card or device with retail card will indirectly enable the mapping of rewards too with them. Hence solution can be enhanced easily to apply reward with payments. The field of ...

MANAGEMENT OF IDENTITIES IN A TRANSACTION INFRASTRUCTURE

A method of managing one or more identities in a transaction infrastructure uses a token identity. The user receives a physical token with a token identity known to a transaction authoriser. The user associates one or more transaction identities with the token identity. Before performing a transaction, the user may select one of the transaction identities when there is more than one of them, and identifies the selected transaction identity to the transaction authoriser. The user uses the physical token to perform a transaction with transaction apparatus associated with a transaction acquirer, whereby the transaction acquirer identifies the token identity to the transaction authoriser. The transaction authoriser then determines the selected transaction identity from the token identity, and establishes the transaction between an identity issuer for the selected transaction identity and the transaction acquirer. Suitable apparatus is described. An identity management service adapted to operate as a transaction authoriser is also described, as is use of a token identity as described without need for a physical token in e-commerce transactions. 1. A method of managing one or more identities in a transaction infrastructure , the method comprising:a user receiving a physical token with a token identity known to a transaction authoriser;associating one or more transaction identities with the token identity;the user using the physical token to perform a transaction with transaction apparatus associated with a transaction acquirer, whereby the transaction acquirer identifies the token identity to the transaction authoriser;the transaction authoriser determining the selected transaction identity from the token identity, and establishing the transaction between an identity issuer for the selected transaction identity and the transaction acquirer.2. A method as claimed in claim 1 , wherein the physical token is a transaction card.3. A method as claimed in claim 2 , wherein the ...