Multiple magnetic stripe transaction cards and systems for the utilization thereof
First Claim
1. An indivisible transaction card comprising:
- a standard size and configuration for the transaction card wherein the transaction card is an indivisible card readable by standard transaction card readers and includes a first face and a second face;
the first face being divided longitudinally into a first area and a second area;
the second face being divided longitudinally into a third area and a fourth area;
first indicia identifying an authorized user of the transaction card, the first indicia occupying the first area on the front of the card;
second indicia identifying the authorized user of the transaction card, the second indicia occupying the second area on the front of the card;
a first read-only magnetic stripe associated with the first indicia and a first account, the first magnetic stripe occupying the third area on the back of the card; and
a second read-only magnetic stripe associated with the second indicia and a second account, the second magnetic stripe occupying the fourth area on the back of the card, whereby the indivisible transaction card accesses two accounts associated with the same authorized user via a standard transaction card reader.
1 Assignment
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Accused Products
Abstract
A transaction card includes at least two read-only magnetically encoded stripes encoding different data in accordance with standard data encryption protocols readable by conventional transaction card reading systems. The stripes are associated with areas of the card which may have different indicia, such as, for example, being different colors or different textures. In accordance with one embodiment, superimposed upon the card may be two sets of raised printed indicia including, for example, the transaction card number, the expiration date and the name of the card user. One set of the raised printed indicia is inverted with respect to the other set so as to indicate to the user which one of the magnetic stripes is being processed. In accordance with another embodiment, only one set of raised letters is used; the other set being flush with the surface of the card if there are two sets. In this way, magnetically encoded information on the same transaction card may be segregated at the point of sale. The transaction card is readable by standard, existing readers and the information is processed for invoicing by standard processing systems to preferably generate a single statement with two groups of charges, one relating to each magnetically encoded stripe.
331 Citations
20 Claims
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1. An indivisible transaction card comprising:
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a standard size and configuration for the transaction card wherein the transaction card is an indivisible card readable by standard transaction card readers and includes a first face and a second face; the first face being divided longitudinally into a first area and a second area; the second face being divided longitudinally into a third area and a fourth area; first indicia identifying an authorized user of the transaction card, the first indicia occupying the first area on the front of the card; second indicia identifying the authorized user of the transaction card, the second indicia occupying the second area on the front of the card; a first read-only magnetic stripe associated with the first indicia and a first account, the first magnetic stripe occupying the third area on the back of the card; and a second read-only magnetic stripe associated with the second indicia and a second account, the second magnetic stripe occupying the fourth area on the back of the card, whereby the indivisible transaction card accesses two accounts associated with the same authorized user via a standard transaction card reader. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. A system including standard retail transaction card readers with central information processors being connected thereto and a plurality of indivisible transaction cards readable by the standard retail transaction card readers, the system comprising:
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each indivisible transaction card having a first face and a second face and each indivisible transaction card being of standard size and configuration for transaction cards, wherein the transaction card is readable in an indivisible state by the standard transaction card readers; each first face being divided into a first area and a second area; each second face being divided into a third area and a fourth area; first indicia identifying an authorized user of the transaction card, the first indicia occupying one of the areas on the first face of the card; second indicia identifying the authorized user of the transaction card, the second indicia occupying the other area on the first face of the card; a first read-only magnetic stripe associated with the first indicia and a first account, the first magnetic stripe occupying one of the areas on the second face of the card; a second read-only magnetic stripe associated with the second indicia and a second account, the second magnetic stripe occupying the other area on the second face of the card, whereby the indivisible transaction card accesses two accounts associated with the same authorized user; the standard retail transaction card readers or ATM bank card readers being connected to an invoice generating processor; and statements being generated by the invoice generating processor for each card, the statements having information corresponding to the first read-only data stripe and information corresponding with the second read-only data stripe. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20)
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Specification