Mobile subscriber device for financial transaction tokens

• US 10,275,762 B2
• Filed: 05/02/2018
• Issued: 04/30/2019
• Est. Priority Date: 06/22/2007
• Status: Active Grant

• Current Assignee: Visa USA, Inc. (Visa, Inc.)
• Original Assignee: Visa USA, Inc. (Visa, Inc.)
• Inventors: Faith, Patrick L., Hammad, Ayman
• Primary Examiner(s): Johnson, Sonji N
• Application Number:
  US15/969,662
• Publication Number:
  US 20180253720A1
• Time in Patent Office: 363 Days
• CPC Class Codes: G06Q 20/322 Aspects of commerce using mobile devices [M-devices]
• CPC Class Codes: G06Q 20/326 Payment applications installed on the mobile devices
• CPC Class Codes: G06Q 20/3274 using a pictured code, e.g. barcode or QR-code, being displayed on the M-device
• CPC Class Codes: G06Q 20/353 Payments by cards read by M-devices
• CPC Class Codes: G06Q 20/3552 Downloading or loading of personalisation data
• CPC Class Codes: G07F 7/0833 Card having specific functional components
• CPC Class Codes: G07F 7/0873 Details of the card reader
• CPC Class Codes: G07F 7/10 together with a coded signal , e.g. in the form of personal identification information, like personal identification number [PIN] or biometric data

Abstract

There is provided a mobile subscriber unit for a financial transaction token. The subscriber unit interfaces with a financial token or card that is in communication with the subscriber unit. The financial token or card has an onboard energy source so that the card token may operate away from proximity to a merchant terminal (e.g.; a POS terminal). In one implementation, the onboard power storage device includes a rechargeable battery or capacitor such as a thin-film capacitor that stores sufficient energy to power the subscriber unit'"'"'s onboard electronics and/or the electronics of a financial token in communication with the subscriber unit. The subscriber unit may be a component of another consumer device such as a computing device, communications device, an item of clothing, an item of jewelry, a cell phone, a PDA, an identification card, a money holder, a wallet, a purse, a briefcase, or a personal organizer.

Claims

1. A programmable device comprising:

a mobile subscriber unit in a form of a wearable item, wherein the mobile subscriber unit comprises;

an integrated processor configured to communicate with an interface of a financial transaction token comprising a memory storing data regarding an account, wherein the financial transaction token comprises payment account data;

storage, coupled to the integrated processor and configured to store and retrieve code executable by the integrated processor; and

a transceiver coupled to the integrated processor;

wherein the integrated processor is configured to detect through the transceiver of the mobile subscriber unit a signal requesting initiation of a transaction received from a merchant access device, and

wherein the mobile subscriber unit conducts transactions as a proxy for the financial transaction token, and wherein the financial transaction token conducts transactions independently of the mobile subscriber unit.

2. The programmable device of claim 1, wherein the wearable item is jewelry.

3. The programmable device of claim 1, wherein the wearable item comprises an onboard energy source.

4. The programmable device of claim 3, wherein the onboard energy source is a thin film capacitor.

5. The programmable device of claim 1, wherein the financial transaction token further comprises an electrical interface in communication with the integrated processor of the mobile subscriber unit, and the mobile subscriber unit is further configured to:

obtain, through the electrical interface of the financial transaction token, the payment account data; and

transmit the payment account data through the transceiver.

6. A mobile subscriber unit comprising:

an integrated processor configured to communicate with an interface of a financial transaction token, wherein the financial transaction token comprises;

a memory storing data regarding an account,

a substrate of a payment card encoded with payment account data, and

an energy storage device located within the financial transaction token;

a power source located in the mobile subscriber unit, wherein the integrated processor is configured to;

receive a communication from the financial transaction token, and

relay a charging current from the power source located in the mobile subscriber unit to the energy storage device located within the financial transaction token; and

wherein a transaction is conducted in one of two modes, including the mobile subscriber unit acting as a proxy for the financial transaction token to conduct the transaction, and the financial transaction token conducts the transaction independently of the mobile subscriber unit.

7. The mobile subscriber unit of claim 6, wherein the power source utilizes an onboard energy generation capability to generate the charging current for the energy storage device located within the financial transaction token.

8. The mobile subscriber unit of claim 7, wherein the power source is a thin film capacitor.

9. The mobile subscriber unit of claim 6, wherein the mobile subscriber unit further comprises a second energy storage device, and wherein the power source utilizes an onboard energy generation capability to generate the charging current for the second energy storage device.

10. The mobile subscriber unit of claim 6, wherein the mobile subscriber unit further comprises a second interface, and the second interface displays a keyboard.

11. A mobile payment system for effecting payment for a financial transaction, the mobile payment system comprising:

a financial transaction token comprising

an interface;

a memory storing data regarding an account; and

an embedded processor coupled to the memory;

a mobile subscriber unit comprising;

an integrated processor configured to communicate with the interface of the financial transaction token;

storage, coupled to the integrated processor and configured to store and retrieve code executable by the integrated processor; and

a transceiver coupled to the integrated processor, wherein the integrated processor executes at least some of the code stored in the storage to;

(1) command the embedded processor of the financial transaction token to assume an active state;

(2) configure the financial transaction token to select the account for use in the financial transaction;

(3) obtain data regarding the selected account; and

(4) transmit the data regarding the selected account through the transceiver;

wherein the financial transaction token is programmable to initiate transactions independently of the mobile subscriber unit and the mobile subscriber unit is programmable to initiate transactions independently of the financial transaction token.

12. The mobile payment system of claim 11, wherein the mobile subscriber unit conducts transactions as a proxy for the financial transaction token.

13. The mobile payment system of claim 11, wherein the mobile subscriber unit comprises an onboard energy source.

14. The mobile payment system of claim 13, wherein the onboard energy source is a thin film capacitor.

15. The mobile payment system of claim 11, wherein the financial transaction token further comprises an electrical interface in communication with the integrated processor of the mobile subscriber unit.