Electronic transaction mechanism
AssigneeiCashe, Inc.
InventorsSiva G. Narendra, Thomas N. Spitzer, Prabhakar Tadepalli
Life of this patent
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Abstract
An electronic transaction card communicates with an add-on slot of an intelligent electronic device. The add-on slot may be a memory card slot. The intelligent electronic device may be a mobile phone or other device with or without network connectivity. The electronic transaction card may have magnetic field producing circuitry compatible with magnetic card readers, smartcard circuitry, other point-of-sale interfaces, or any combination thereof.
Claims20
An apparatus comprising:
- a first memory to store transaction data;
- a circuitry communicatively coupled to the first memory, wherein the circuitry generates and provides the transaction data;
- and
- a communication interface to send the transaction data to a mobile device over a network, wherein the mobile device is to produce a time-varying magnetic field that corresponds to the transaction data, and wherein the mobile device comprises:
- a second memory;
- a smartcard circuit that produces the time-varying magnetic field;
- a conductor to emanates the time-varying magnetic field;
- and
- a driver circuit that controls transmission of the time-varying magnetic field.
A method comprising:
- storing transaction data to a first memory;
- and
- generating and providing the transaction data to a mobile device over a network, wherein the mobile device is to produce a time-varying magnetic field that corresponds to the transaction data, and wherein the mobile device comprises:
- a second memory;
- a smartcard circuit that produces the time-varying magnetic field;
- a conductor to emanate the time-varying magnetic field;
- and
- a driver circuit that controls transmission of the time-varying magnetic field.
A machine-readable storage media having machine-readable instructions stored thereon that, when executed, cause one or more machines to perform a method comprising:
- storing transaction data to a first memory;
- and
- generating and providing the transaction data to a mobile device over a network, wherein the mobile device is to produce a time-varying magnetic field that corresponds to the transaction data, and wherein the mobile device comprises:
- a second memory;
- a smartcard circuit that produces the time-varying magnetic field;
- a conductor to emanate the time-varying magnetic field;
- and
- a driver circuit that controls transmission of the time-varying magnetic field.
Dependencies are inferred from the claim text.