Wireless devices for storing a financial account card and methods for storing card data in a wireless device

• US 7,997,476 B2
• Filed: 09/15/2005
• Issued: 08/16/2011
• Est. Priority Date: 09/15/2005
• Status: Active Grant

• Current Assignee: Capital One Services LLC (Capital One Financial Corporation)
• Original Assignee: Capital One Financial Corporation
• Inventors: Gannon, Gregory M.
• Primary Examiner(s): Franklin; Jamara A
• Application Number:
  US11/226,219
• Publication Number:
  US 20070057038A1
• Time in Patent Office: 2,161 Days
• Field of Search: 235/379, 235/449, 235/472.01
• US Class Current: 235/379
• CPC Class Codes: G06K 19/08 using markings of different kinds or more than one marking of the same kind in the same record carrier, e.g. one marking being sensed by optical and the other by magnetic means
• CPC Class Codes: G06K 7/087 flux-sensitive, e.g. magnetic, detectors G06K7/10336 takes precedence
• CPC Class Codes: G06K 7/089 hand-held scanners
• CPC Class Codes: G06K 7/10386 the interrogation device being of the portable or hand-handheld type, e.g. incorporated in ubiquitous hand-held devices such as PDA or mobile phone, or in the form of a portable dedicated RFID reader
• CPC Class Codes: G06K 7/10415 the interrogation device being fixed in its position, such as an access control device for reading wireless access cards, or a wireless ATM banking machines in general G07F19/00
• 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 20/227 characterised in that multiple accounts are available, e.g. to the payer
• CPC Class Codes: G06Q 20/32 using wireless devices
• CPC Class Codes: G06Q 20/322 Aspects of commerce using mobile devices [M-devices]
• CPC Class Codes: G06Q 20/3223 Realising banking transactions through M-devices
• CPC Class Codes: G06Q 20/3226 Use of secure elements separate from M-devices
• CPC Class Codes: G06Q 20/327 Short range or proximity payments by means of M-devices
• CPC Class Codes: G06Q 20/3278 RFID or NFC payments by means of M-devices
• CPC Class Codes: G06Q 20/353 Payments by cards read by M-devices
• CPC Class Codes: G06Q 20/3567 Software being in the reader
• CPC Class Codes: G06Q 20/4012 Verifying personal identification numbers [PIN]
• CPC Class Codes: G06Q 20/40145 Biometric identity checks
• CPC Class Codes: G06Q 20/405 Establishing or using transaction specific rules
• CPC Class Codes: G06Q 20/409 Device specific authentication in transaction processing
• CPC Class Codes: G07C 9/257 : electronically G07C9/26 takes precedence
• CPC Class Codes: G07C 9/26 : using a biometric sensor integrated in the pass

Abstract

A wireless device is enabled to receive a financial account card that is inserted into a card slot of the wireless device. The wireless device reads card data from the financial account card when it is inserted into the slot and programs an RFID (radio frequency identification) tag or a memory included in the wireless device. The wireless device may then be used to provide payment by transmitting the card data via radio frequency to a nearby RFID reader using the RFID tag. The financial account card may also be ejected from the wireless device and swiped by a magnetic card reader.

Claims

1. A method for enabling a wireless device to use card data during a purchase transaction, the method comprising:

receiving a financial account card into a slot of the wireless device, wherein the financial account card contains the card data and the financial account card is stored inside of the wireless device;

reading the card data from the financial account card;

determining whether the financial account card is stored inside the wireless device; and

enabling the wireless device to use the card data during the purchase transaction if the financial account card is determined to be stored inside the wireless device.

2. The method of claim 1, further comprising:

storing the card data in a memory included in the wireless device.

3. The method of claim 1, further comprising:

writing the card data to an RFID tag included in the wireless device.

4. The method of claim 1, further comprising:

transmitting the card data from the wireless device to an RFID reader via radio frequency.

5. The method of claim 1, wherein the card data includes an account number and an expiration data.

6. The method of claim 1, wherein the card is a credit card, a debit card, a smart card, or an ATM card.

7. The method of claim 1, wherein the card is a mini card.

8. The method of claim 1, wherein the wireless device is a cellular phone, a PDA, or a handheld device.

9. A wireless device, the wireless device comprising:

a processor;

an RFID chip; and

a slot for receiving a financial account card,

wherein the financial account card may be stored inside of the wireless device,

wherein the processor communicates card data from the financial account card to the RFID chip,

wherein the wireless device determines whether the financial account card is stored inside the wireless device, and the wireless device is enabled to use the card data during a purchase transaction if the financial account card is determined to be stored inside the wireless device.

10. The wireless device of claim 9, further comprising:

a magnetic stripe reader for reading a magnetic stripe on the financial account card when the financial account card is inserted into the slot.

11. The wireless device of claim 10, further comprising:

a memory for storing card data that is read from the magnetic stripe.

12. The wireless device of claim 11, further comprising:

a display, the display showing a menu of one or more financial account cards having card data stored in the memory.

13. The wireless device of claim 11, further comprising:

a transmitter, wherein the transmitter transmits the card data via radio frequency to an RFID reader.

14. The wireless device of claim 9, wherein the stored card data includes an account number and an expiration data.

15. The wireless device claim 9, wherein the wireless device may read a credit card, a debit card, a smart card, or an ATM card.

16. The wireless device of claim 9, wherein the wireless device may read a mini card.

17. The wireless device of claim 9, wherein the wireless device is a cellular phone, a PDA, or a handheld device.

18. A method for enabling a wireless device to use card data during a purchase transaction, the method comprising:

reading, when a financial account card is inserted into a slot of the wireless device, the card data from the the financial account card;

storing, in a memory include in the wireless device, a name that identifies the financial account card;

storing the card data in the memory of the wireless device, wherein the scanned card data is associated with the stored name;

determining whether the financial account card is stored inside the wireless device; and

enabling the wireless device to use the card data during the purchase transaction if the financial account card is determined to be stored inside the wireless device.

19. The method of claim 18, further comprising:

displaying a menu on a display of the wireless device, the display showing at least one financial account card having card data stored in the memory of the wireless device;

receiving a selection of a financial account card listed on the menu; and

transmitting card data for the selected financial account card from the wireless device to an RFID reader via radio frequency.

20. The method of claim 19, wherein the selection is of text shown on the menu that represents the selected financial account card.

21. The method of claim 19, wherein the selection is of a graphical image shown on the menu that represents the selected financial account card.

22. A method for authorizing use of a financial account card for making a purchase with a wireless device, the method comprising:

reading card data from a financial account card inserted into a slot of the wireless device;

storing the card data in a memory included in the wireless device;

determining whether the financial account card is stored inside the wireless device;

receiving, when the financial account card is not stored inside the wireless device, a security code to authorize use of the card data; and

transmitting, when the security code has been authenticated, the card data from the wireless device to an RFID reader via radio frequency.

23. The method of claim 22, wherein the RFID reader is included in a point of sale terminal.

24. The method of claim 22, wherein the security code is received by the wireless device.

25. The method of claim 22, wherein the security code is received by a point of sale terminal.

26. A method for authorizing use of a financial account card for making a purchase with a wireless device, the method comprising:

reading card data from a financial account card inserted into a slot of the wireless device;

storing the card data in a memory included in the wireless device;

receiving an authorization authorizing use of the card data; and

transmitting, when the authorization has been received, the card data from the wireless device to an RFID reader via radio frequency.

27. The method of claim 26, wherein the authorization is a personal identification number (PIN).

28. A method for authorizing use of a financial account card for making a purchase with a wireless device, the method comprising:

receiving a selection of a financial account card from a display of the wireless device;

determining, by a processor including in the wireless device, whether the selected financial account card is stored inside the wireless device; and

when the selected financial account card is determined to be stored inside the wireless device, authorizing use of the selected financial account card.

29. The method of claim 28, wherein card data for the selected financial account card is transmitted via radio frequency when use of the selected financial account card is authorized.

30. The method of claim 28, wherein when the selected financial account card is determined to not be stored inside the wireless device, prompting the user for a security code.

31. A method for authorizing use of a financial account card to make a purchase using a wireless device, the method comprising:

receiving a selection of a financial account card from a display of the wireless device;

determining, by a processor included in the wireless device, whether the selected financial account card has been used to make a prior purchase using the wireless device; and

when the selected financial account card has not been used to make a prior purchase using the wireless device, authorizing the selected financial account card.

32. The method of claim 31, wherein card data for the selected financial account card is transmitted via radio frequency when the selected financial account card is authorized.

33. The method of claim 31, wherein when the selected financial account card has not been used to make a prior purchase using the wireless device, requiring a security code.

34. The method of claim 33, wherein the security code is received by the wireless device.

35. The method of claim 31, wherein an RFID reader receives the transmitted card data.

36. A method for selecting a financial account card to provide a payment for a purchase made using a wireless device, the method comprising:

receiving, via radio frequency, data reflecting a purchase transaction;

automatically selecting a financial account card to provide the payment for the purchase based on the received purchase transaction data; and

transmitting, via radio frequency, card data from the wireless device for the selected financial account card.

37. A method for assigning a financial account card to provide a payment for a purchase transaction made using a wireless device including a processor, the method comprising:

receiving a selection of a financial account card from a display of the wireless device;

assigning the selected financial account card to a type of purchase;

receiving, via radio frequency, data reflecting the purchase transaction;

determining, by the processor whether the received purchase transaction data corresponds to the purchase type assigned to the selected financial account card; and

when the purchase transaction data is determined to correspond to the purchase type assigned to the selected financial account card, transmitting card data for the selected financial account card.

38. A method for authorizing use of a financial account card to make a payment for a purchase transaction using a wireless device, the method comprising:

receiving, from a display of the wireless device, a selection of a financial account card belonging to the user of the wireless device;

determining, by a processor included in the wireless device, whether any financial account card belonging to the user, including the selected financial account card, is stored inside the wireless device; and

when any financial account card belonging to the user is determined to be stored inside the wireless device, authorizing the use of the selected financial account card for the purchase transaction.

39. The method of claim 38, wherein when any financial account card belonging to the user is not determined to be stored inside the wireless device, prohibiting use of the selected financial account card.

40. A method for providing a security feature for card data of a financial account card for storage in a wireless device, the method comprising:

receiving the financial account card into a slot of the wireless device, wherein the financial account card is stored inside of the wireless device;

reading card data from the financial account card;

storing the card data in a memory included in the wireless device; and

when the financial account card is removed from the slot of the wireless device, erasing the stored card data.

41. A method for authorizing a financial account card to make a purchase using a wireless device, the method comprising:

receiving a selection of a financial account card from a display of the wireless device;

determining, by a processor included in the wireless device, an identity of the owner of the selected financial account card;

determining, by the processor, an identity of an owner of a financial account card stored in the wireless device; and

when the identity of the owner of the selected financial account card and the identity of the owner of the financial account card stored in the wireless device are the same, authorizing the selected financial account card to make a purchase.

42. A method for authorizing a second party to use a financial account card to make a purchase using a wireless device, the method comprising:

receiving a selection of a financial account card from a display of the wireless device;

assigning, to the selected financial account card, an identity of a second party that is authorized to use the selected financial account card;

determining, by a processor included in the wireless device, an identity of a user of the wireless device; and

when the identity of the user of the wireless device is determined to be the authorized second party, authorizing the selected financial account card to make a purchase.

43. The method of claim 42, wherein the identity of the user is determined by validating a personal identification number (PIN).