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Wearable device with overlapping ends coupled by magnets positioned in the wearable device by an undercut

  • US 9,427,160 B2
  • Filed: 09/25/2013
  • Issued: 08/30/2016
  • Est. Priority Date: 03/04/2013
  • Status: Active Grant
First Claim
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1. A wearable device, comprising:

  • a wearable device structure, the wearable device including a first end and a second end;

    a plurality of magnets at the first end and a plurality of magnets at the second end, the first and second ends being coupled by overlapping at least a portion of the first end magnets to at least a portion of the second end magnets, the wearable device structure including an undercut structure for receiving at least a portion of the magnets, a plurality of magnets the magnets being positioned in an interior of the wearable device structure;

    an electronic device coupled to the wearable device structure, the electronic device including, one or more haptic device sensors that accepts input from the user based on haptic motion, the electronic device including a payment activity manager configured to receive from a user payment configuration parameters for each of a designated third party to receive payments, the payment activity manager including a designated third party payment data base that includes designated third party settings with third party IP addresses, payment sources for each of a designated third party, and method of payment, the payment activity manager performing a comparison for each of a designated third party to receive a payment and perform a security check on that designated third party, the payment activity manager performing an authentication of a designated third party for a payment and a tracking of payments for each of a payment transaction to the one or more designated third parties including an initiation of a payment and a conclusion of a payment from the user, the payment activity manager associating one or more transaction contexts of a designated third party payment prior to payment, the payment activity manager configured to adjust payment settings made by the user or requested by a designated third party to receive payments, the payment activity manager configured to manage payments that are designated to be calendared as being calendared and also configured to analyze user payment activities and generate reports relative to each of a payment, user payment activities and verification that a payment has been made; and

    ID circuitry at the wearable device or the electronic device.

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