Streamlined portable data exchange device and method

A portable device particularly configured to exchange a primary data set with third parties and receive one or more secondary data sets from one or more third parties, comprising:

• an enclosure, said enclosure defining an interior space in which a control system of said portable device is located, said control system including at least one processor, at least a first memory and at least a second memory, a wireless communication interface, at least one communication interface permitting data to be exchanged from and between said wireless communication interface, said at least one processor and said at least one first and second memory device;
• at least one selector permitting a user to initiate an operation;
• at least one indicator comprising at least one light;
• said processor configured to cause said device to receive said primary data set via said wireless communication interface and store said primary data set in said first memory as a result of a first input to said selector;
• said processor configured to cause said device to send said primary data set via said wireless communication interface as a result of a second input to said selector;
• said processor configured to cause said device to receive a secondary data set via said wireless communication interface as a result of a third input to said selector and store said secondary data set in said second memory;
• said device powered by at least one battery;
• and
• said at least one indicator configured to provide information regarding the outcome of an operation.

A method of transmitting and storing information comprising:

• loading a primary data set to a portable data device;
• storing said primary data set in a first data location of said device;
• reading said primary data set at said device;
• sending one or more times said primary data set from said device to at least one remote device;
• receiving one or more times a second data set from at least one remote device;
• storing each received second data set in a second data location of said device;
• and
• retrieving said second data sets from said second data location of said device and providing said second data sets to at least one remote device.