Payment Card with Dynamic Account Number

• US 20090048971A1
• Filed: 08/17/2007
• Published: 02/19/2009
• Est. Priority Date: 08/17/2007
• Status: Active Grant

• Current Assignee: Emc IP Holding Company LLC (Dell Technologies Inc.)
• Original Assignee: EMC Corporation (Dell Technologies Inc.)
• Inventors: Spear, Skye, Hathaway, Matthew, Wolf, Dana E.
• Granted Patent: US 8,494,959 B2
• Time in Patent Office: Days
• US Class Current: 705/41
• CPC Class Codes: G06Q 20/105 involving programming of a portable memory device, e.g. IC cards, "electronic purses"
• CPC Class Codes: G06Q 20/346 Cards serving only as information carrier of service
• CPC Class Codes: G06Q 20/357 Cards having a plurality of specified features
• CPC Class Codes: G06Q 20/385 using an alias or single-use codes
• CPC Class Codes: G07F 7/1008 Active credit-cards provided with means to personalise their use, e.g. with PIN-introduction/comparison system

Abstract

A payment card comprises a processor, a trigger source coupled to the processor, and a display for outputting at least a portion of a dynamic account number under control of the processor responsive to the trigger source. The dynamic account number is determined based at least in part on a seed stored in the payment card and an output of the trigger source. In an illustrative embodiment, the dynamic account number is generated utilizing a time-based or event-based one-time password algorithm. For example, in a time-based embodiment, the trigger source may comprise a time of day clock, with the dynamic account number being determined based at least in part on the seed and a current value of the time of day clock. In an event-based embodiment, the trigger source may comprise an event counter, with the dynamic account number being determined based at least in part on the seed and a current value of the event counter.

Claims

1. A payment card comprising:

a processor;

a trigger source coupled to the processor; and

a display for outputting at least a portion of a dynamic account number under control of the processor responsive to the trigger source;

wherein the dynamic account number is determined based at least in part on a seed stored in the payment card and an output of the trigger source; and

wherein at least a portion of the dynamic account number replaces a corresponding portion of a static account number associated with the payment card.

2. The payment card of claim 1 wherein the dynamic account number comprises a first portion that is fixed and a second portion that is variable and generated under control of the processor.

3. The payment card of claim 2 wherein the fixed first portion of the dynamic account number is presented in a visually-perceptible manner on a surface of the card and the variable second portion is presented via the display.

4. The payment card of claim 2 wherein the fixed first portion comprises a designated number of initial digits of the dynamic account number.

5. The payment card of claim 2 wherein the variable second portion comprises a designated number of final digits of the dynamic account number.

6. The payment card of claim 1 wherein the dynamic account number comprises a card verification value at least a portion of which is variable and generated under control of the processor.

7. The payment card of claim 1 wherein the dynamic account number is generated utilizing one-time password algorithm program code executed by the processor.

8. The payment card of claim 1 wherein the trigger source comprises a time of day clock and the dynamic account number is determined based at least in part on the seed stored in the payment card and a current value of the time of day clock.

9. The payment card of claim 1 wherein the trigger source comprises an event counter and the dynamic account number is determined based at least in part on the seed stored in the payment card and a current value of the event counter.

10. The payment card of claim 1 wherein the display outputs at least a portion of the dynamic account number under control of the processor responsive to activation of the card via an input device of the payment card.

11. The payment card of claim 10 wherein the trigger source comprises the input device.

12. The payment card of claim 10 wherein the input device comprises at least one button with the card being activated based at least in part on user actuation of said button.

13. The payment card of claim 12 wherein the input device comprises a keypad with the card being activated based at least in part on user entry of a personal identification number via the keypad.

14. The payment card of claim 1 further comprising memory configured to store the seed and to store program code for generating at least a portion of the dynamic account number under control of the processor.

15. A server comprising:

a memory; and

a processor coupled to a the memory;

the server being configured to receive a dynamic account number determined by a payment card and to determine a corresponding static account number, wherein the dynamic account number is determined by the payment card based at least in part on a seed stored in the payment card and an output of a trigger source of the payment card.

16. The server of claim 15 wherein said server comprises a decryption server coupled between a merchant entity of a payment card processing system and an issuing bank entity of said system, the decryption server being configured to process a verification request containing the dynamic account number and to generate a modified verification request containing the corresponding static account number.

17. A method for use in a payment card, the payment card comprising a processor, a trigger source coupled to the processor, and a display, the method comprising the steps of:

receiving an output of the trigger source; and

determining a dynamic account number, at least a portion of which is output on said display, based at least in part on a seed stored in the payment card and the output of the trigger source;

wherein at least a portion of the dynamic account number replaces a corresponding portion of a static account number associated with the payment card.

18. The method of claim 17 further comprising the step of providing the dynamic account number to a merchant entity of a payment card processing system.

19. A computer-readable storage medium storing executable program code that when executed by the processor of the payment card implements the steps of the method of claim 17.

20. A payment card processing system comprising:

a plurality of payment cards;

at least one host device configured for communication with one or more of the payment cards; and

at least one server configured for communication with the host device;

wherein at least one of the payment cards comprises a processor, a trigger source coupled to the processor, and a display for outputting at least a portion of a dynamic account number under control of the processor responsive to the trigger source, the dynamic account number being determined based at least in part on a seed stored in the payment card and an output of the trigger source;

wherein at least a portion of the dynamic account number replaces a corresponding portion of a static account number associated with the payment card;

wherein the dynamic account number is provided to the host device and communicated from the host device to the server; and

wherein the server is configured to determine the static account number from the dynamic account number.

21. The payment card processing system of claim 20 wherein said host device comprises a point-of-sale terminal.

22. The payment card processing system of claim 20 wherein said host device comprises a computer associated with a user of the payment card.