Multi-function smart tokenizing electronic payment device

Abstract

A method for facilitating a secure transaction with an automated teller machine (ATM) with a user's electronic device, via a wireless interface. The method includes receiving a priming action from the user, priming the electronic device for an interaction with the ATM, via the wireless interface of the electronic device, displaying on a touch-screen display user interface of the electronic device at least one image and information, representing at least one of a user selectable selected transaction account, authorizing a valid user of the electronic device, via an identification of an authorized user of the electronic device using the selected transaction account, and transmitting, over the wireless interface of the electronic device and the ATM, a limited-use transaction information used in place of an issued information associated with the selected transaction account. The limited-use transaction information includes a static transaction information and a dynamically generated transaction information. The static transaction information is retrieved from a memory of the electronic device in response to the authorized user selecting the selected transaction account, and the dynamically generated transaction information is generated by a processor of the electronic device in response to the authorized user initiating an interaction with an ATM transaction, and combining an information of: the selected transaction account, a sequential count of transactions performed by the electronic device with the transaction account, an information of the authorized user, a transaction-specific information, a wireless interface transactional information, an information specific to the electronic device performing the transaction, a secret associated with the selected transaction account. The electronic device provides a visual status, of the ATM interaction via the wireless interface, including a transaction success or a failure status, through the user interface.

Dependencies are inferred from the claim text.