Systems and methods of payment account activation
First Claim
Patent Images
1. A method for activating a payment account at a point of sale device, the method comprising:
- providing a payment instrument having a first identifier, a second identifier, at least one storage device, and a radio frequency device, wherein;
the first identifier and the second identifier are associated with an unique account record in a database;
the first identifier is physically stored on the at least one storage device selected from a group consisting of;
a magnetic strip,a bar code, andboth the magnetic stripe and the barcode;
the second identifier is physically stored on the radio frequency device;
the first identifier is not associated with the second identifier; and
the first identifier cannot be used to access funds in the payment account;
receiving from the point of sale device an activation request at a processing system to activate the payment account, the activation request comprising the first identifier that was read from the at least one storage device by the point of sale device;
determining the unique account record associated with the payment account using the first identifier;
updating the unique account record to indicate that the payment account has been activated; and
transmitting from the processing system an activation response that the payment account has been activated;
wherein the unique account record is also determinable using the second identifier;
receiving from another point of sale device a request to debit an amount from the payment account, the request comprising the second identifier that was read from the radio frequency device using the other point of sale device;
wherein the first identifier is accessible through a reader selected from the group consisting of a magnetic stripe reader and a bar code reader; and
wherein the second identifier is accessible through a radio frequency identification reader.
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Abstract
Systems and methods are provided for activating a payment account. The payment account is associated with two identifiers. A payment instrument is provided as having the two identifiers. A first identifier is read at a first point of sale device to activate the payment account. A second identifier is read by a radio frequency identification reader at a second point of sale device to access funds in the payment account. The first point of sale device may not be capable of reading the second identifier.
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Citations
17 Claims
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1. A method for activating a payment account at a point of sale device, the method comprising:
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providing a payment instrument having a first identifier, a second identifier, at least one storage device, and a radio frequency device, wherein; the first identifier and the second identifier are associated with an unique account record in a database; the first identifier is physically stored on the at least one storage device selected from a group consisting of; a magnetic strip, a bar code, and both the magnetic stripe and the barcode; the second identifier is physically stored on the radio frequency device; the first identifier is not associated with the second identifier; and the first identifier cannot be used to access funds in the payment account; receiving from the point of sale device an activation request at a processing system to activate the payment account, the activation request comprising the first identifier that was read from the at least one storage device by the point of sale device; determining the unique account record associated with the payment account using the first identifier; updating the unique account record to indicate that the payment account has been activated; and transmitting from the processing system an activation response that the payment account has been activated; wherein the unique account record is also determinable using the second identifier; receiving from another point of sale device a request to debit an amount from the payment account, the request comprising the second identifier that was read from the radio frequency device using the other point of sale device; wherein the first identifier is accessible through a reader selected from the group consisting of a magnetic stripe reader and a bar code reader; and wherein the second identifier is accessible through a radio frequency identification reader. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A system for activating a payment account at a point of sale device, the system comprising:
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a database having a unique account record associated with the payment account; a payment instrument having a first identifier, a second identifier, a storage device, and a radio frequency device, wherein; the first identifier and the second identifier are associated with the unique account record, the first identifier is physically stored on the storage device selected from a group consisting of; a magnetic stripe, a bar code, and both the magnetic stripe and the barcode; the second identifier is stored on the radio frequency device; the first identifier is not associated with the second identifier; and the first identifier cannot be used to access funds in the payment account; a reader selected from the group consisting of a magnetic stripe reader and a bar code reader, wherein the first identifier is accessible through the reader; a radio frequency identification reader, wherein the second identifier is accessible through the radio frequency identification reader; and a processing system configured to; receive from the point of sale device an activation request to activate the payment account, the activation request comprising the first identifier that was read from the payment instrument using the reader; determine the unique account record using the first identifier; update the unique account record to indicate that the payment account has been activated; and transmit an activation response that the payment account has been activated; wherein the processing system is also configured to receive from the radio frequency identification reader the second identifier that was read from the radio frequency device and to determine the unique account record using the second identifier to permit the unique account to be debited by a payment amount. - View Dependent Claims (11, 12, 13, 14)
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15. A method for providing a payment account, the method comprising:
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providing a payment instrument having a first identifier and a second identifier, wherein; the first identifier and the second identifier are associated with a unique account record in a database; the first identifier is not associated with the second identifier; and the first identifier cannot be used to access funds in the payment account; reading the first identifier at a first point of sale device, the first point of sale device comprising a reader selected from the group consisting of a magnetic stripe reader and a bar code reader; transmitting an activation request to activate the payment account from the first point of sale device to a processing system; receiving from the first point of sale device the activation request at the processing system to activate the payment account, the activation request comprising the first identifier; determining the unique account record associated with the payment account using the first identifier; updating the unique account record to indicate that the payment account has been activated; transmitting from the processing system an activation response that the payment account has been activated; receiving at the first point of sale device the activation response that the payment account has been activated; reading the second identifier at a second point of sale device, the second point of sale device comprising a radio frequency identification reader; transmitting a debit request to debit the payment account from the second point of sale of device to the processing system; receiving from the second point of sale device the debit request to debit the payment account, the debit request comprising the second identifier; determining the unique account record associated with the payment account using the second identifier; debiting an account balance in the unique account record in accordance with the debit request; transmitting from the processing system a debit response that the payment account has been debited; and receiving at the second point of sale device the debit response that the payment account has been debited; wherein the first point of sale device is incapable of reading the second identifier. - View Dependent Claims (16)
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17. A method for activating and using a payment account, the method comprising:
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providing a payment instrument having a first identifier, a second identifier, a storage device, and a radio frequency device, wherein; the first identifier and the second identifier are both associated with a unique account record in a database, the first identifier is physically stored on the storage device, the storage device is selected from a group consisting of;
a bar code, and a magnetic stripe;the second identifier is physically stored on the radio frequency device; the first identifier is not associated with the second identifier; and the first identifier cannot be used to access funds in the payment account; receiving at a processing system from a first point of sale device an activation request to activate the payment account, the activation request comprising the first identifier that was read from the storage device by the first point of sale device; determining by the processing system the unique account record associated with the payment account using the first identifier; updating the unique account record to indicate that the payment account has been activated; and transmitting from the processing system to the first point of sale device an activation response that the payment account has been activated; receiving from a second point of sale device a request to debit an amount from the payment account, the request comprising the second identifier that was read from the radio frequency device using the second point of sale device; identifying by the processing system the unique account using the second identifier; debiting the payment account by the debit amount; and transmitting a confirmation of the debit amount to the second point of sale device.
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Specification