CONFIGURATION OF ISSUED DYNAMIC DEVICE

• US 20110155801A1
• Filed: 12/23/2010
• Published: 06/30/2011
• Est. Priority Date: 12/30/2009
• Status: Active Grant

• Current Assignee: Visa International Service Association (Visa, Inc.)
• Original Assignee: Visa International Service Association (Visa, Inc.)
• Inventors: Rowberry, Donald
• Granted Patent: US 8,991,693 B2
• Time in Patent Office: Days
• US Class Current: 235/379
• CPC Class Codes: G06Q 20/341 Active cards, i.e. cards including their own processing means, e.g. including an IC or chip
• CPC Class Codes: G06Q 20/3572 Multiple accounts on card
• CPC Class Codes: G07C 9/00 Individual registration on entry or exit
• CPC Class Codes: G07F 7/0866 by active credit-cards adapted therefor G07F7/1008 takes precedence

Abstract

Embodiments of the invention may include a method, system, and apparatus that receives payment data that is associated with an issued payment device. Once the payment data is received, the method can then enable payment capabilities on a dynamic device. Such payment capabilities enabled on the dynamic device may be based on the payment data that is associated with the issued payment device.

Claims

1. A method comprising:

receiving payment data associated with an issued payment device; and

enabling, using a computer, payment capabilities on a dynamic device, wherein the payment capability is based on the payment data associated with the issued payment device.

2. The method of claim 1, further comprising modifying the payment data to indicate support for contactless payment transactions.

3. The method of claim 1, wherein the issued payment device includes a magnetic stripe, and the magnetic stripe stores the payment data on track two or track three of the magnetic stripe of the issued payment device.

4. The method of claim 1, further including:

responsive to the enabling, incrementing a counter associated with a number of times the payment data is used to enable payment capabilities;

receiving a request to enable payment capabilities on another dynamic device;

comparing the counter with a threshold value; and

denying the request to enable payment capabilities on the another dynamic device based on the comparison.

5. The method of claim 1, wherein the dynamic device includes a memory apparatus to receive a first frequency and a second memory apparatus to receive a second frequency, wherein the first memory apparatus performs access capabilities and the second memory apparatus performs the payment capability.

6. The method of claim 1, further comprising setting the dynamic device as a companion device.

7. The method of claim 1, wherein the enabling operation includes:

transforming the payment data into a payment application; and

transferring the payment application to the memory apparatus of the dynamic device.

8. The method of claim 7, wherein the payment application is associated with an employer.

9. The method of claim 1, further comprising:

obtaining a list of applications supported by the issued payment device;

providing the list to a user;

receiving a selection corresponding to at least one of the applications; and

transferring the selected application to the dynamic device.

10. The method of claim 1, further comprising disabling the issued payment device.

20. A computer readable medium storing commands for causing a processor to implement the method of claim 1.

11. An apparatus comprising:

a computer that comprises a processor and a computer-readable storage medium coupled to the processor, the computer readable storage medium comprising code executable by the processor for implementing a method comprising;

receiving payment data associated with an issued payment device; and

enabling, using a computer, payment capabilities on a dynamic device, wherein the payment capability is based on the payment data associated with the issued payment device.

12. The apparatus of claim 11 wherein the method further comprising modifying the payment data to indicate support for contactless payment transactions.

13. The apparatus of claim 11, wherein the payment data is received from a magnetic stripe of the issued payment device, wherein the magnetic stripe stores the payment data on track two or track three.

14. The apparatus of claim 11, wherein the method further comprising:

responsive to the enabling, incrementing a counter associated with a number of times the payment data is used to enable payment capabilities;

receiving a request to enable payment capabilities on another dynamic device;

comparing the counter with a threshold value; and

denying the request to enable payment capabilities on the another dynamic device based on the comparison.

15. The apparatus of claim 11, wherein the dynamic device includes a memory apparatus to receive a first frequency and a second memory apparatus to receive a second frequency, wherein the first memory apparatus performs access capabilities and the second memory apparatus performs the payment capability.

16. The apparatus of claim 11, wherein the method further comprises setting the dynamic device as a companion device.

17. The apparatus of claim 11, wherein the enabling operation of the method further includes:

transforming the payment data into a payment application; and

transferring the payment application to the memory apparatus of the dynamic device.

18. The apparatus of claim 17, wherein the payment application is associated with an employer.

19. The apparatus of claim 11, wherein the method further comprises disabling the issued payment device.