MOBILE SUBSCRIBER DEVICE FOR FINANCIAL TRANSACTION TOKENS
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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.
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Citations
66 Claims
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1-48. -48. (canceled)
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49. A mobile subscriber unit comprising:
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an integrated processor configured to communicate with an interface of a financial transaction token comprising a memory storing data regarding an account; storage, coupled to the integrated processor and configured to store and retrieve code executable by the integrated processor; a transceiver coupled to the integrated processor; and an antenna, wherein the integrated processor is configured to detect through the transceiver of the mobile subscriber unit an authenticated signal requesting initiation of a transaction, and is configured to execute at least some of the code stored in the storage to; transmit the data regarding the account through the transceiver. - View Dependent Claims (50, 51, 52, 53, 54, 55)
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56. A mobile payment system for effecting payment for a financial transaction in a payment processing system, the mobile payment system comprising:
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a financial transaction token including; a memory coupled to the onboard energy source and configured to store and retrieve data regarding an account; and an interface; and a mobile subscriber unit including; an integrated processor in communication with the interface; 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; and an antenna, wherein the integrated processor is configured to detect through the transceiver of the mobile subscriber unit an authenticated signal requesting initiation of a transaction, and is configured to execute at least some of the code stored in the storage to; transmit the data regarding the account through the transceiver. - View Dependent Claims (57, 58, 59, 60, 61, 62)
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63. A method comprising:
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communicating, by a mobile subscriber unit, with a financial transaction token comprising a memory storing data regarding an account; detecting, through a transceiver of the mobile subscriber unit an authenticated signal requesting initiation of a transaction; and transmitting the data regarding the account through the transceiver. - View Dependent Claims (64, 65, 66)
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Specification