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US 2001/0011944 A1Published application
Card validating apparatus
OwnerEnrique Garrido-Gadea, Gareth Alexander Richardsinventors
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Abstract
An apparatus for validating chip cards, which also have a magnetic stripe, comprises a magnetic stripe reader and a chip card reader. The outputs of the readers for a card are compared and, if they agree, the user is informed that the card is valid.
Claims7
A card validating apparatus comprising:
- a magnetic stripe reader;
- a chip card reader for reading data from the chip of a chip card presented to it;
- an indicator for indicating the validity of a card being validated to a user;
- and
- a processor configured for comparing data read from a card by the magnetic stripe reader with data read from the card by the chip card reader and operating the indicator in dependence on the result of said comparison.
2 more elements
A method of performing a transaction using a financial transaction card having a chip and a magnetic stripe, the method comprising:
- receiving a financial transaction card having a chip and a magnetic stripe;
- reading data from both the chip and the magnetic stripe of said card;
- comparing the data read from the chip with the data read from the magnetic stripe;
- determining whether there is a predetermined match between the data read from said chip and the data read from said stripe;
- generating a perceivable signal in response to the existence of said match;
- and
- responding to said perceivable signal by accepting said card for payment in a transaction.
4 more elements
Dependencies are inferred from the claim text.