Guarding system of a credit card against unauthorized use

• US 6,533,179 B1
• Filed: 03/13/2002
• Issued: 03/18/2003
• Est. Priority Date: 03/13/2002
• Status: Expired due to Fees

• Current Assignee: Ling-Yun Chou
• Original Assignee: Ling-Yun Chou
• Inventors: Chou, Ling-Yun
• Primary Examiner(s): Pitts, Harold I.
• Application Number:
  US10/099,598
• Time in Patent Office: 370 Days
• Field of Search: 235/492, 235/380
• US Class Current: 235/492
• 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 20/40975 using encryption therefor
• CPC Class Codes: G07F 7/08 by coded identity card or credit card or other personal identification means without personal verification means G07F7/02
• CPC Class Codes: G07F 7/1008 Active credit-cards provided with means to personalise their use, e.g. with PIN-introduction/comparison system
• CPC Class Codes: G07F 7/12 Card verification

Abstract

A guarding system of a credit card against unauthorized use includes one or more sets of letter-and-number series composed of letters and numbers stored in a credit card, and the same letter-and-number series as those of the credit card are set up in the data archives of the computer of a credit card issuing bank. The computer of the credit card issuing bank checks whether or not the letter-and-number series of the credit card coincide with those in its archives and deciding whether to allow the trading finished or not. Besides, the computer of the credit card issuing bank can automatically renew the letter-and-number series of the credit card every time after it is finished in trading. Then, these renewed data are checked and stored in the credit card and in the archives of the computer, surely preventing the credit card from copied and used by illegally and fraudulently.

Claims

1. A guarding system of a credit card against unauthorized use comprising:

a new column arranged in a magnetic device or electronic element of a credit card for storing one or more sets of letter-and-number series made up of letters and numbers;

a data column for the same letter-and-number series as those of said credit card, said data column set up in the data archives of the computer of a credit card issuing bank; and

,

data of said letter-and-number series of said credit card and said data in said data archives of said computer synchronously and automatically renewed by said computer of said credit card issuing bank every time after said credit card is finished in trading, said renewed data checked and stored in said credit card and said data archives of said computer, said computer of said credit card issuing bank automatically carrying on checking whether or not said letter-and-number series stored in said credit card coinciding with said letter-and-number series in said data archives every time when said credit card is used in trading, said guarding system of said credit card surely able to prevent said credit card from copied and used by illegally and fraudulently.