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

• US 9,959,541 B2
• Filed: 08/17/2016
• Issued: 05/01/2018
• 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:
  US15/239,761
• Publication Number:
  US 20160358171A1
• Time in Patent Office: 622 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 20/227 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 a purchase transaction wirelessly, the device comprising:

a wireless transmitter;

at least one processor; and

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

associate first account information with the device, the first account information being associated with a first financial account;

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

identify a selection of the first financial account associated with the at least one displayed image; and

enable the wireless transmitter to provide to a point-of-sale terminal the first 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 point-of-sale terminal is connected to at least one of a magnetic stripe reader or a wireless receiver.

3. 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.

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 first account information, first card data associated with the first financial account, or data associated with the first card data during the purchase transaction,

wherein the authentication information is a Personal Identification Number (PIN) or biometric information.

5. The device of claim 4, 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 account information, first card data associated with the first financial account, or data associated with the first card data to the point-of-sale terminal.

6. The device of claim 1, wherein the first card data or data associated with the first card data is encrypted.

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

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

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

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

wirelessly receiving purchase transaction data reflecting a purchase transaction;

identifying, by at least one processor of the wireless device, a selection of the first financial account to complete the purchase transaction associated with the received purchase transaction data; and

enabling a wireless transmitter of the wireless device to provide to a point-of-sale terminal 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 during the purchase transaction.

9. The method of claim 8, wherein the point-of-sale terminal is connected to at least one of a magnetic stripe reader or a wireless receiver.

10. 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.

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

12. The method of claim 8, further comprising:

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

wherein the authentication information is a Personal Identification Number (PIN) or biometric information.

13. The method of claim 8, wherein the first account information, first card data associated with the first financial account, or data associated with the first card data is encrypted.

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 account information, first card data associated with the first financial account, or data associated with the first card data to the point-of-sale terminal.

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

associating first 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;

identifying a selection of the first financial account associated with the at least one displayed image; and

enabling, via at least one processor of the wireless device, a wireless transmitter in the wireless device to provide to a point-of-sale terminal the first 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, wherein the point-of-sale terminal is connected to at least one of a magnetic stripe reader or a wireless receiver.

17. 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.

18. The method of claim 15, further comprising:

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

wherein the authentication information is a Personal Identification Number (PIN) or biometric information.

19. The method of claim 15, wherein the first account information, first card data associated with the first financial account, or data associated with the first card data is encrypted.

20. The method of claim 15, further comprising:

authenticating an individual associated with the first 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 first account information, first card data associated with the first financial account, or data associated with the first card data to the point-of-sale terminal.

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

22. A wireless device for authorizing a purchase transaction wirelessly, comprising:

a wireless transmitter;

at least one processor; and

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

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

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

receive purchase transaction data reflecting a purchase transaction;

identify a selection of the first financial account to complete the purchase transaction associated with the received purchase transaction data; and

enable the wireless transmitter to provide to a point-of-sale terminal 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 during the purchase transaction.

23. The wireless device of claim 22, wherein the point-of-sale terminal is connected to at least one of a magnetic stripe reader or a wireless receiver.

24. The wireless device of claim 22, 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 22, wherein the wireless device includes a cellular phone, PDA, or handheld device.

26. The wireless device of claim 22, wherein the at least one processor is further configured to:

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

wherein the authentication information is a Personal Identification Number (PIN) or biometric information.

27. The wireless device of claim 26, wherein the first account information, first card data associated with the first financial account, or data associated with the first card data is encrypted.

28. The wireless device of claim 22, 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 account information, first card data associated with the first financial account, or data associated with the first card data to the point-of-sale terminal.