Intelligent credit card system

• US 8,905,302 B1
• Filed: 05/20/2013
• Issued: 12/09/2014
• Est. Priority Date: 10/16/2000
• Status: Expired due to Term

• Current Assignee: Harris Technology LLC
• Original Assignee: Harris Technology LLC
• Inventors: Harris, Scott C.
• Primary Examiner(s): St. Cyr, Daniel
• Application Number:
  US13/898,272
• Time in Patent Office: 568 Days
• Field of Search: 235/380, 235/382, 235/385, 235/487, 235/492
• US Class Current: 235/380
• CPC Class Codes: G06K 19/044 comprising galvanic contacts for contacting an integrated circuit chip thereon
• CPC Class Codes: G06K 19/0718 the sensor being of the biometric kind, e.g. fingerprint sensors fingerprint sensors in general G06V40/13; biometric access-control systems in general, see G07C9/00
• CPC Class Codes: G06K 19/0728 the arrangement being an optical or sound-based communication interface
• CPC Class Codes: G06K 19/07733 the record carrier containing at least one further contact interface not conform ISO-7816
• CPC Class Codes: G06K 19/07743 External electrical contacts
• CPC Class Codes: G06K 19/07749 the record carrier being capable of non-contact communication, e.g. constructional details of the antenna of a non-contact smart card
• CPC Class Codes: G06K 7/0021 for reading/sensing record carriers having surface contacts
• CPC Class Codes: G06K 7/0047 for reading/sensing record carriers having edge contacts
• CPC Class Codes: G06Q 20/24 Credit schemes, i.e. "pay after"
• CPC Class Codes: G06Q 20/3415 Cards acting autonomously as pay-media
• CPC Class Codes: G06Q 20/353 Payments by cards read by M-devices
• CPC Class Codes: G06Q 20/40145 Biometric identity checks

Abstract

A new credit card system which enables improved reading and other operations. Reading can be done in the short edge of the credit card thereby shortening the aspect ratio and size of the card reader. The reader can be electrical, reading information via contacts, or can be optical readers.

Claims

1. An electronic device, comprising:

a housing, having a battery and a display that displays information, and having a processor in communication with and receiving credit card information from a first source internal to said housing;

said processor controlling carrying out a first communication function that does not use said credit card information, and also controlling carrying out a second communication function using said credit card information to carry out a transaction over the internet using said credit card information, where said second communication uses encryption information as part of the transaction, wherein said second communication creates a session value based on said encryption information, and communicates at least said session value as part of the transaction.

2. The device as in claim 1, wherein said first communication function is a local communication function that does not communicate over the internet.

3. The device as in claim 1, wherein said first communication function is a remote control function that controls a remote device.

4. The device as in claim 1, wherein said first communication function is a cellular telephone call.

5. The device as in claim 1, wherein said encryption uses a date and time from an electronic clock in the housing.

6. The device as in claim 1, further comprising a location detecting part that determines a current location electronically, and sends information indicative of said current location as part of communicating said session value by said second communication.

7. The device as in claim 1, wherein said electronic device requires an entry of a personal identification number prior to carrying out at least one transaction.

8. The device as in claim 1, wherein said housing receives said credit card information by reading said credit card information using a reader on a credit card reading area.

9. A method of carrying out a transaction using an electronic device, comprising:

receiving credit card information into an electronic device;

first operating said electronic device in a first mode to carry out a first communication function that does not use said credit card information;

second operating said electronic device in a second mode to carry out a second communication function using said credit card information to carry out a transaction over the internet using said credit card information, where said second communication uses encryption information as part of the transaction, wherein said second communication creates a session value based on said encryption information, and communicates at least said session value as part of the transaction.

10. The method as in claim 9, wherein said first operating in said first mode comprises said electronic device communication functioning as a remote control function that controls a remote device.

11. The method as in claim 9, wherein said first operating in said first mode comprises said electronic device communication functioning as a cellular telephone making a telephone call.

12. The method as in claim 9, further comprising a location detecting part that determines a current location electronically, and sends information indicative of said current location as part of communicating said session value by said communication device.

13. The method as in claim 9, wherein said electronic device receives said credit card information by reading said credit card information using a reader on a credit card reading area.

14. The method as in claim 9, further comprising a sound producing device, that produces a first sound to indicate that the transaction has been accepted, and produces a second different sound to indicate that the transaction has not been accepted.

15. A system, comprising:

a portable device in a self contained housing, said portable device having a function of carrying out a remote control for a video device;

said portable device reading electronic information indicative of a credit card, where said electronic information is uniquely indicative of the credit card;

a processor, in said portable device, receiving said electronic information, and also operating to obtain position information indicative of a current position of the device,

said processor verifying a transaction with said credit card by sending information indicative of said information from said credit card, and to receive information from said network indicative of authorization of the transaction, wherein said processor creates encrypted information includes a session value from which an encryption value on said credit card cannot be ascertained, but can be verified as being from said encryption value on said credit and said session value being a value that can only be used at a current time and cannot be used again at a later time.

16. The system as in claim 15, wherein said portable device reads said electronic information indicative of the credit card by reading from a device in a slot.

17. The system as in claim 15, wherein said portable device reads said electronic information indicative of the credit card by reading information wirelessly from a device using a wireless communication device, that communicates wirelessly with the device.