Systems and methods for providing a RF transaction device for use in a private label transaction

• US 7,119,659 B2
• Filed: 10/04/2004
• Issued: 10/10/2006
• Est. Priority Date: 07/10/2001
• Status: Expired

• Current Assignee: Liberty Peak Ventures, LLC (Dominion Harbor Enterprises, LLC)
• Original Assignee: American Express Travel Related Services Company, Inc. (American Express Company)
• Inventors: Bonalle, David S, Saunders, Peter D, Fehlhaber, Jeff
• Primary Examiner(s): Zimmerman, Brian
• Assistant Examiner(s): NGUYEN, NAM V
• Application Number:
  US10/711,773
• Publication Number:
  US 20050035847A1
• Time in Patent Office: 736 Days
• Field of Search: 340/5.61, 340/5.53, 340/5.4, 711/147, 711/152, 711/153, 711/115, 711/163, 235/380, 235/492, 705/7, 705/16, 705/39, 705/40
• US Class Current: 340/5.61
• 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 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;

receiving an application for said transaction device from a consumer;

communicating credit application information extracted from said application to a provider of credit services;

and communicating service partner information extracted from said application to a service partner,

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. The method of claim 1, wherein said radio frequency transaction device is operable to communicate with a radio frequency identification (RFID) reader via radio frequency communications in response to an interrogation signal from said radio frequency identification reader.

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

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

5. The method according to claim 4, wherein said RFID reader is 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, 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 said private label transaction account.

8. 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.

9. A method for facilitating a private label account transaction using data sets stored on a radio frequency 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;

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

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

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

wherein said adding to said database further comprises;

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

extracting said service partner information from said application;

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 allow purchase of goods and services from said service partner using said transaction device;

extracting said credit application information from said application for said 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 and causing said transaction device to be sent to the consumer, wherein said transaction device is configured for providing access to said credit services and said service partner'"'"'s establishment.

10. A radio frequency transaction device comprising:

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

a second data storage area configured to store a second account identifier, said second account identifier associated with a second owner and a financial transaction account, in a second format different from said first format,

wherein said radio frequency transaction device is configured to interact with a first interaction device configured to read data from said first data storage for completion of a private label transaction, and

wherein said radio frequency transaction device is configured to interact with a second interaction device configured to read data from said second data storage for completion of a financial transaction.

11. The radio frequency transaction device according to claim 10, wherein said first format is magnetic stripe format.

12. A system for facilitating the management of a plurality of data sets stored on a radio frequency 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 duplicate 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 radio frequency transaction device for storing a private label account identifier, said device comprising:

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 first data storage area configured to store said private label account identifier in a first format; and

a second data storage area configured to store a second account identifier, said second account identifier associated with a second owner and a financial transaction account, in a second format different from said first format,

wherein said transaction device is embedded in a pervasive instrument,

wherein said radio frequency transaction device is configured to interact with a first interaction device configured to read data from said first data storage for completion of a private label transaction, and

wherein said radio frequency transaction device is configured to interact with a second interaction device configured to read data from said second data storage for completion of a financial transaction.

14. A system for facilitating the management of a plurality of data sets stored on a radio frequency 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 duplicate 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 database, and to provide said first and second data sets to said transaction device database.