Generating a temporal physical payment card

• US 9,928,496 B2
• Filed: 01/29/2014
• Issued: 03/27/2018
• Est. Priority Date: 01/30/2013
• Status: Active Grant

• Current Assignee: KT Corporation
• Original Assignee: KT Corporation
• Inventors: Lee, Jin-Hyoung, Jeung, Youn-Pil, Cho, Young-Bin, Heo, Kook
• Primary Examiner(s): Chang, Edward
• Application Number:
  US14/167,272
• Publication Number:
  US 20140214665A1
• Time in Patent Office: 1,518 Days
• Field of Search: 705 41
• CPC Class Codes: G06Q 20/227 characterised in that multiple accounts are available, e.g. to the payer
• CPC Class Codes: G06Q 20/351 Virtual cards
• CPC Class Codes: G06Q 20/353 Payments by cards read by M-devices
• CPC Class Codes: G06Q 20/3552 Downloading or loading of personalisation data
• CPC Class Codes: G06Q 20/3572 Multiple accounts on card
• CPC Class Codes: G07F 7/084 Additional components relating to data transfer and storing, e.g. error detection, self-diagnosis

Abstract

The disclosure is related to generating a temporal physical payment card with a predetermined valid period. One of virtual payment cards stored in user equipment is selected based on a selection input received from a user. Information on the selected virtual payment card is transferred to a physical dummy payment card with a predetermined valid period.

Claims

1. A method of generating a temporal physical payment card by user equipment including at least one hardware processor, the method comprising:

obtaining, by the user equipment, information on a virtual payment card selected based on a selection input from a plurality of virtual payment cards stored in the user equipment;

transferring, by the user equipment, the obtained information on the selected virtual payment card to a physical dummy payment card upon generation of a predetermined event;

setting, by the user equipment, a valid period of the transferred virtual payment card information in response to a user input; and

performing, by the user equipment, a control operation for invalidating the transferred virtual payment card information stored in the physical dummy payment card when the valid period of the transferred virtual payment card information expires,

wherein the performing a control operation includes;

in a case that the physical dummy payment card is configured to store the transferred virtual payment card information while power is supplied from the user equipment,

interrupting supplying the power to the physical dummy payment card and easing the transferred virtual payment card information when the valid period of the transferred virtual payment card information expires.

2. The method of claim 1, wherein the obtaining information comprises:

collecting information on the plurality of virtual payment cards stored in the user equipment;

displaying images of the plurality of virtual payment cards on a display based on the collected information;

receiving the selection input for selecting at least one of the displayed virtual payment card images; and

retrieving information on the selected virtual payment card image from a memory of the user equipment.

3. The method of claim 1, wherein the transferring the obtained information comprises:

determining whether the physical dummy payment card is coupled to the user equipment;

displaying a message informing a user of disconnection when the physical dummy payment card is not coupled; and

performing the transferring the obtained information to the physical dummy payment card when the physical dummy payment card is coupled.

4. The method of claim 1, wherein the transferring the obtained information comprises:

determining whether the physical dummy payment card stores any virtual payment card information; and

transmitting a control signal for erasing stored virtual payment card information to the physical dummy payment card when the physical dummy payment card stores virtual payment card information.

5. The method of claim 1, wherein the transferring the obtained information comprises:

determining whether the physical dummy payment card stores any virtual payment card information;

producing and displaying a graphic user interface that asks a user whether to replace the stored virtual payment card information with others; and

transmitting a control signal for erasing stored virtual payment card information to the physical dummy payment card when receiving a user input for replacing the stored virtual payment card information; and

transferring the obtained information to the physical dummy payment card.

6. The method of claim 1, comprising:

performing an authentication process by producing and displaying a graphic user interface for asking a user to enter authentication information.

7. The method of claim 1, wherein the setting a valid period comprises:

producing and displaying a graphic user interface that enables a user to select one of preset valid periods and to enter a customized valid period.

8. The method of claim 1, wherein the performing a control operation includes:

transmitting a control signal for erasing the transferred virtual payment card information to the physical dummy payment card when the valid period of the transferred virtual payment card information expires.

9. User equipment of generating a temporal physical payment card, the user equipment comprising:

an input/output circuit configured to receive user inputs from a user and to output graphic user interfaces produced as a result of executing applications in response to the received user inputs;

a memory configured to store and manage information on virtual payment cards;

an interface circuit configured to provide a data path to a physical dummy payment card in order to transfer information on at least one virtual payment card to the physical dummy payment card; and

a processor configured (i) to obtain information on a virtual payment card selected from a plurality of virtual payment cards stored in the memory based on a selection input received from a user through the input/output circuit, (ii) to transfer the obtained information on the selected virtual payment card to the physical dummy payment card upon generation of a predetermined event, (iii) set a valid period of the transferred virtual payment card information in response to a user input; and

(iv) to perform a control operation for invalidating the transferred virtual payment card information stored in the physical dummy payment card when the valid period of the transferred virtual payment card information expires,

wherein the performing a control operation includes at least one of;

(i) transmitting a control signal for erasing the transferred virtual payment card information to the physical dummy payment card; and

(ii) interrupting supplying power to the physical dummy payment card and erasing the transferred virtual payment card information, in a case that the physical dummy payment card is configured to store the transferred virtual payment card information while the power is supplied from the user equipment.