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US 2012/0067949 A1Published application
Intelligent credit card system
AssigneeHarris Technology, LLC
InventorScott C. Harris
Life of this patent
Estimating the term…
Abstract
A new credit card system which enables improved reading and other operations. Reading can be done in the short edge of the credit card thereby shortening the aspect ratio and size of the card reader. The reader can be electrical, reading information via contacts, or can be optical readers.
Claims23
A credit card assembly comprising:
- a credit card having a first electronic circuit that stores electronic information that is uniquely indicative of the credit card, and includes a memory storing at least one encryption value that is unique to the credit card, said credit card having a processor in communication with said memory and receiving said encryption value, and creating a session value based on said at least one encryption value, said session value being a value from which said encryption value cannot be ascertained, and said session value being a new value that was not used at a previous time, said credit card also including a communication device, that communicates at least said session value to a remote authorization device.
A system of transferring credit card information, comprising:
- a credit card information transferring device, receiving credit card information electronically from a credit card;
- a processor, running a program that automatically receives said credit card information from said credit card transferring device, and automatically sending a transaction request over a network, including at least one encryption value that is based on information in the credit card, and from which said credit card information can be verified at a current time, but which cannot be used to create another value from which the credit card can be verified at a different time;
- and where said processor receives either an acceptance or a decline of said transaction based on said transaction request.
A system, comprising:
- a portable device in a self contained housing, said portable device communicating over the internet;
- a credit card information reader, coupled to said portable device, and reading electronic information from a credit card, where said electronic information is uniquely indicative of the credit card;
- a processor, in said portable device, and receiving said electronic information from said credit card information reader, and operating to obtain position information indicative of a current position of the portable device, and to carry out a verification of a transaction, including sending encrypted information indicative of said information from said credit card, and said position information over the internet, along with information about a specific credit card transaction to be carried out, and to receive information from said network indicative of authorization or decline of the transaction,
- and where said portable device also carries out other communication over the internet that do not involve the credit card.
1 more element
Dependencies are inferred from the claim text.