SYSTEMS AND METHODS FOR PROVIDING A RF TRANSACTION DEVICE FOR USE IN A PRIVATE LABEL TRANSACTION

• US 20050035847A1
• Filed: 10/04/2004
• Published: 02/17/2005
• Est. Priority Date: 07/10/2001
• Status: Active Grant

• Current Assignee: Liberty Peak Ventures, LLC (Dominion Harbor Enterprises, LLC)
• Original Assignee: American Express Travel Related Services Company, Inc. (American Express Company)
• Inventors: Fehlhaber, Jeff, Bonalle, David S., Saunders, Peter D.
• Granted Patent: US 7,119,659 B2
• Time in Patent Office: Days
• US Class Current: 340/5.610
• CPC Class Codes: G06Q 20/00 Payment architectures, schemes or protocols apparatus for performing or posting payment transactions G07F7/08, G07F19/00; electronic cash registers G07G1/12
• CPC Class Codes: G06Q 20/04 Payment circuits
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/14 specially adapted for billing systems
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• 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 20/341 Active cards, i.e. cards including their own processing means, e.g. including an IC or chip
• CPC Class Codes: G06Q 20/352 Contactless payments by cards
• 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: G06Q 20/35765 Access rights to memory zones
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 20/4012 Verifying personal identification numbers [PIN]
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G07C 9/28 the pass enabling tracking or indicating presence
• CPC Class Codes: G07C 9/29 the pass containing active electronic elements, e.g. smartcards
• CPC Class Codes: G07F 7/1008 Active credit-cards provided with means to personalise their use, e.g. with PIN-introduction/comparison system
• CPC Class Codes: H04Q 5/22 : the subordinate centre not permitting interconnection of subscribers connected thereto

Abstract

A RF transaction device is provided, which is operable to store a private label transaction account identifier associated with a private label transaction account. The invention further includes a RF operable reader in communication with a private label transaction processing system. The RF transaction device communicates with the reader to provide the private label transaction account identifier to the transaction processing system. As such, the invention provides a RF transaction device which may be used to complete a transaction using RF frequency in a contactless environment.

Claims

1. A method for facilitating a private label account transaction using data sets stored on a Radio Frequency operable transaction device, the method comprising the steps of:

providing a radio frequency transaction device responsive to a radio frequency interrogation signal, said transaction device including a database configured for storing a data set owned by a private label account provider;

facilitating adding to said database, said private label account provider owned data set and

wherein said transaction device is operable to provide said data set via radio frequency communication for completion of a private label transaction, and

wherein a portion of said data set facilitates the completion of a private label transaction.

2. A method of claim 1, including the step of providing said radio frequency transaction device operable to communicate with a RFID reader via said RF communications, said transaction device operable to communicate with said RFID reader in response to a RFID reader provided interrogation signal.

3. A method of claim 2, wherein said data set owned by a private label account provider comprises a private label account identifier.

4. A method according to claim 3, wherein said transaction device is operable to provide said private label account identifier to said RFID reader.

5. A method according to claim 4, wherein said RFID reader operable to receive said private label account identifier in magnetic stripe format.

6. The method of claim 1, wherein said data set is stored on said database in magnetic stripe format.

7. The method of claim 1, further comprising providing a private label transaction account associated with private label account identifier, said private label transaction account having a value associated with transaction account usage, and wherein said private label transaction results in a modification of said value of the private label transaction account.

8. The method of claim 1, wherein said facilitating adding to said database further comprises:

receiving at a service partner an application for a multiple-service transaction device from a consumer, said application comprising fields which include credit application information for a particular credit transaction device and service partner information, said service partner information related at least in part to membership in the service partner establishment;

reviewing said application for fields which include service partner information;

extracting said service partner information from said application for a multiple-service transaction device;

communicating said service partner information to a service partner to determine if said service partner desires to provide access into said service partner establishment and to purchase goods and services from said service partner using said particular credit transaction device;

reviewing said application for fields which include credit application information;

extracting said credit application information from said application for a multiple-service transaction device;

communicating said credit application information to a provider of credit services, said provider of credit services thereafter determining whether it desires to extend credit to the consumer; and

if said provider of credit services desires to extend credit to the consumer, establishing an account associated with said consumer, initiating processing, statementing, billing, accounting, and servicing functions relating to said account and causing a multiple-service transaction device to be sent to the consumer, wherein said multiple-service transaction device is configured for providing a primary party'"'"'s services and a service partner'"'"'s services.

9. The method of claim 1, wherein a portion of said data set facilitates the completion of a private label transaction wherein the transaction includes one of issuing and redeeming loyalty points.

10. A system for a transaction device for storing a private label account identifier on a RF operable transaction device,

said RF transaction device comprising

at least a first data storage area configured to store said private label account identifier,

said private label account identifier associated with a private label data set owner and said data storage area configured to store said private label account identifier in a format.

11. A system according to claim 10, wherein said format is magnetic stripe format.

12. A system for facilitating the management of a plurality of data sets stored on a RF operable transaction device,

said transaction device comprising

at least one data storage area configured to store a first data set in a first format and a second data storage area configured to store a second data set in a second format different from said first format,

said first data set associated with a first owner and said data storage area configured to store said first data set in said first format independent of said second data set, and,

said second data set associated with said second owner and said data storage area configured to store said second data set in said second format independent of said first data set, wherein said first data set is associated with one of a private label transaction account, and a calling card transaction account, and said second data set is associated with one of a private label transaction account, calling card transaction account, and a credit card transaction account;

a remote database configured to store a exact duplicate representation of said first data storage area and said second data storage area; and

an interaction device configured to read and write data to said transaction device storage area, said interaction device configured to receive said first and second data sets from said remote data base, and to provide said first and second data sets to said transaction device database.

13. A system for a transaction device for storing a private label account identifier on a RF operable transaction device,

said RF transaction device embedded in a pervasive instrument comprising:

at least a first data storage area configured to store said private label account identifier,

said private label account identifier associated with a private label data set owner and said data storage area configured to store said private label account identifier in a format.

14. A system for facilitating the management of a plurality of data sets stored on a RF operable pervasive transaction device,

said pervasive transaction device comprising

at least one data storage area configured to store a first data set in a first format and a second data storage area configured to store a second data set in a second format different from said first format,

said first data set associated with a first owner and said data storage area configured to store said first data set in said first format independent of said second data set, and,

said second data set associated with said second owner and said data storage area configured to store said second data set in said second format independent of said first data set, wherein said first data set is associated with one of a private label transaction account, and a calling card transaction account, and said second data set is associated with one of a private label transaction account, calling card transaction account, and a credit card transaction account;

a remote database configured to store a exact duplicate representation of said first data storage area and said second data storage area; and

an interaction device configured to read and write data to said transaction device storage area, said interaction device configured to receive said first and second data sets from said remote data base, and to provide said first and second data sets to said transaction device database.