Dynamic payment device characteristics

• US 7,866,551 B2
• Filed: 02/15/2008
• Issued: 01/11/2011
• Est. Priority Date: 02/15/2007
• Status: Active Grant

• Current Assignee: Visa USA, Inc. (Visa, Inc.)
• Original Assignee: Visa USA, Inc. (Visa, Inc.)
• Inventors: Gerber, Gary, Manessis, Thomas
• Primary Examiner(s): Le; Thien M.
• Assistant Examiner(s): TAYLOR, APRIL ALICIA
• Application Number:
  US12/032,495
• Publication Number:
  US 20080197201A1
• Time in Patent Office: 1,061 Days
• Field of Search: 235/375, 235379-3825, 235/492, 705/16, 705/17, 705/39, 705/41
• US Class Current: 235/380
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/105 involving programming of a portable memory device, e.g. IC cards, "electronic purses"
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/204 comprising interface for record bearing medium or carrier for electronic funds transfer or payment credit
• CPC Class Codes: G06Q 20/327 Short range or proximity payments by means of M-devices
• CPC Class Codes: G06Q 20/3415 Cards acting autonomously as pay-media
• CPC Class Codes: G07F 7/1008 Active credit-cards provided with means to personalise their use, e.g. with PIN-introduction/comparison system

Abstract

A payment device is disclosed. It includes a memory including payment data; and a display coupled to the memory. A processor is configured to execute one or more instructions for displaying the payment data on the display. The payment device is in the form of a card.

Claims

1. A payment device comprising:

a memory comprising payment data for an account and non-payment data for the account;

a bistable display coupled to the memory; and

an element operatively coupled to the display, the element configured to communicate with a processor,

wherein the processor is external to the payment device and is configured to execute one or more instructions for displaying the payment data and the non-payment data on the bistable display, the non-payment data including a balance for the account, the payment data including a first value that is displayed, the processor further configured to execute one or more instructions for changing the payment data for the account to a second value, and one or more instructions for displaying the second value on the bistable display,

wherein the payment device is in the form of a card, further wherein the payment device does not have a built-in power source.

2. The payment device of claim 1 wherein the memory is a rewritable memory.

3. The payment device of claim 1 wherein the non-payment data comprises a coupon.

4. The payment device of claim 1 wherein the payment data comprises a card verification value.

5. The payment device of claim 1 wherein the payment data comprises a dynamic card verification value.

6. The payment device of claim 1 wherein the payment device is in the form of a contactless card.

7. The payment device of claim 1 wherein the payment data comprises authentication data.

8. The payment device of claim 1 wherein the element comprises an antenna coupled to the memory.

9. The payment device of claim 1 further comprising an inductive coupling element configured to power the payment device.

10. The payment device of claim 1, wherein the element comprises a contactless element.

11. The payment device of claim 10, wherein the contactless element comprises an inductive coupling element, further wherein the payment device is powered through the contactless element.

13. A method of using the payment device of claim 1 comprising:

conducting a transaction using the payment device.

12. A method for forming a payment device in the form of a card, the method comprising:

mounting a memory, an element configured to communicate with a processor, and a bistable display on a plastic substrate, wherein the memory comprises payment data for an account and non-payment data for the account;

wherein the processor is external to the payment device and is configured to execute one or more instructions for displaying the payment data and the non payment data on the bistable display, the non-payment data including a balance for the account, the payment data including a first value that is displayed, the processor further configured to execute one or more instructions for changing the payment data for the account to a second value, and one or more instructions for displaying the second value on the bistable display,

wherein the payment device does not have a built-in power source.

14. A method of using a payment device in the form of a card including a bistable display, the method comprising:

performing a first transaction between the payment device and a second device using a first value displayed on the bistable display, the first value associated with an account, wherein the payment device does not have a built-in power source;

generating, using the second device, a second value associated with the account;

displaying the second value on the bistable display, wherein the second device causes the bistable display to activate and display the second value;

performing a second transaction using the second value; and

displaying non-payment data on the bistable display, wherein the non-payment data includes a balance for the account, and wherein the second device causes the bistable display to activate and display the non-payment data.

15. The method of claim 14 wherein the first value is a card verification value.

16. The method of claim 14 wherein the first value is exactly 3 digits.

17. The method of claim 14 wherein the payment device is a contactless card.

18. The method of claim 14 further comprising displaying a coupon on the display.

19. The method of claim 14 wherein the bistable display is an LED display.

20. The method of claim 14 wherein the second device comprises a processor that causes the display to activate.

21. The method of claim 14 wherein the second device comprises a processor that is external to the payment device.

22. The method of claim 21 wherein the second device is an access device, further wherein the processor drives the bistable display via a contactless element.

23. The method of claim 14, wherein the non-payment data includes a three dimensional bar code for display on the bistable display.