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

• US 9,881,306 B2
• Filed: 07/18/2016
• Issued: 01/30/2018
• 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 ALZAIDA
• Application Number:
  US15/213,295
• Publication Number:
  US 20160328702A1
• Time in Patent Office: 561 Days
• Field of Search: 235379, 235380, 235383
• 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 20/206 comprising security or operator identification provisions, e.g. password entry
• 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 device configured to authorize purchase transactions wirelessly, the device comprising:

a wireless communication module;

at least one processor; and

a memory storing instructions that, when executed, cause the at least one processor to;

associate account information for a first financial account with the device;

display at least one image representing one or more financial accounts including the first financial account;

select the first financial account associated with the at least one displayed image; and

enable the device to use the account information, first card data associated with the first financial account, or data associated with the first card data during the purchase transaction based on the selection.

2. The device of claim 1, wherein the at least one processor is further configured to:

store, for each financial account included in the one or more financial accounts, a name identifying the respective financial account; and

display at least one of the stored names.

3. The device of claim 1, wherein the at least one processor is further configured to:

transmit the account information, first card data associated with the first financial account, or data associated with the first card data to a reader in close proximity to the device.

4. The device of claim 1, wherein the at least one processor is further configured to:

receive authentication information to enable the device to use the account information, first card data associated with the first financial account, or data associated with the first card data during the purchase transaction.

5. The device of claim 4, wherein the authentication information is a Personal Identification Number (PIN) or biometric information.

6. The device of claim 4, wherein the at least one processor is further configured to:

authenticate an individual associated with the account information, first card data associated with the first financial account, or data associated with the first card data based on the authentication information; and

enable, based on a successful authentication, wireless transmission of the account information, first card data associated with the first financial account, or data associated with the first card data to a wireless terminal.

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

8. A method for authorizing purchase transactions with a wireless device, comprising:

associating first account information for a first financial account with a wireless device;

associating second account information for a second financial account with the wireless device;

wirelessly receiving, by the wireless device, purchase transaction data reflecting a purchase transaction;

automatically selecting, via at least one processor of the wireless device, the first financial account to complete the purchase transaction based on the received purchase transaction data; and

wirelessly transmitting, by the wireless device, the first account information, first card data associated with the first financial account, or data associated with the first card data from the wireless device to provide the payment for the purchase transaction.

9. The method of claim 8, further comprising:

storing, for each of the first financial account and the second financial account, a name or a graphic identifying the respective financial account; and

displaying at least one of the stored names or graphics.

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

11. The method of claim 8, wherein the wireless communication is a radio frequency communication.

12. The method of claim 8, further comprising:

receiving authentication information to enable the wireless device to use the first card data during the purchase transaction.

13. The method of claim 12, wherein the authentication information is a Personal Identification Number (PIN) or biometric information.

14. The method of claim 8, further comprising:

authenticating an individual associated with the first card data based on the authentication information; and

enabling, based on a successful authentication, wireless transmission of the first card data or data associated with the first card data to a point-of-sale terminal.

15. A method for performing a purchase transaction using a wireless device, comprising:

associating account information for a first financial account with the wireless device;

displaying, on the wireless device, at least one image representing one or more financial accounts including the first financial account;

selecting the first financial account associated with the at least one displayed image; and

enabling, via at least one processor, the wireless device to use the account information, first card data associated with the first financial account, or data associated with the first card data during the purchase transaction based on the selection.

16. The method of claim 15, further comprising:

storing, for each financial account included in the one or more financial accounts, a name identifying the respective financial account; and

displaying at least one of the stored names.

17. The method of claim 15, further comprising:

transmitting the account information, first card data associated with the first financial account, or data associated with the first card data to a reader in close proximity to the wireless device.

18. The method of claim 15, further comprising:

receiving authentication information to enable the wireless device to use the account information, first card data associated with the first financial account, or data associated with the first card data during the purchase transaction.

19. The method of claim 18, wherein the authentication information is a Personal Identification Number (PIN).

20. The method of claim 18, wherein the authentication information is biometric information.

21. The method of claim 18, further comprising:

authenticating an individual associated with the account information, first card data associated with the first financial account, or data associated with the first card data based on the authentication information; and

enabling, based on a successful authentication, wireless transmission of the account information, first card data associated with the first financial account, or data associated with the first card data to a wireless terminal.

22. The method of claim 15, wherein the wireless device is a handheld device, cellular phone, or PDA.

23. A wireless device for authorizing purchase transactions wirelessly, comprising:

at least one processor; and

a memory storing instructions that, when executed, cause the at least one processor to;

associate first account information for a first financial account with the wireless device;

associate second account information for a second financial account with the wireless device;

receive purchase transaction data reflecting a purchase transaction;

automatically select the first financial account to complete the purchase transaction based on the received purchase transaction data; and

wirelessly transmit the first account information, first card data associated with the first financial account, or data associated with the first card data from the wireless device to provide the payment for the purchase transaction.

24. The wireless device of claim 23, wherein the at least one processor is further configured to:

store, for each of the first financial account and the second financial account, a name or graphic identifying the respective financial account; and

display at least one of the stored names or graphics.

25. The wireless device of claim 23, wherein the wireless device includes a cellular phone, PDA, or handheld device.

26. The wireless device of claim 23, wherein the at least one processor is further configured to:

receive authentication information to enable the wireless device to use the first card data during the purchase transaction.

27. The wireless device of claim 26, wherein the authentication information is a Personal Identification Number (PIN) or biometric information.

28. The wireless device of claim 26, wherein the at least one processor is further configured to:

authenticate an individual associated with the first card data based on the authentication information; and

enable, based on a successful authentication, wireless transmission of the first card data or data associated with the first card data to a point-of-sale terminal.