Device, system and methods of conducting paperless transactions

A universal electronic transactions card and communications system for storing, transmitting, and receiving information, including personal information for a user of the universal electronic transaction card, account information for accounts with service institutions in which the user has an account, and transactional information for accounts with service institutions in which the user has an account, for a plurality of service institutions, including at least one universal electronic transactions card adapted to fit in a pocket or a purse and at least one communications interface unit, comprising:

• a. inputting means for inputting information, including personal information for the user, account information for a plurality of service institutions in which the user has an account, and transactional information for each service institution for which account information exists, into memory means in the universal electronic transactions card;
• b. memory means in the universal transactions card for storing information, including personal information for the user, account information for a plurality of service institutions in which the user has an account, and transactional information for each service institution for which account information exists;
• c. communications means for electronically communicating information to and from the memory means, including personal information, account information, and transactional information, with service institutions;
• d. display means for displaying information for a plurality of service institution accounts, including personal information, account information, and transactional information;
• and
• e. processing means for processing information, including personal information, account information, and transactional information;
• f. means for providing and storing electric power;
• and,
• g. security means for preventing unauthorized use of the universal electronic transaction card and for preventing unauthorized access to the information stored in the memory means of the universal electronic transaction card.

A health care management system comprising

• a. at least one universal electronic transaction card for inputting, storing, processing, and transmitting personal information, including personal medical history, account information, and transactional information, including substantially all information normally recorded on a paper receipt;
• b. at least one central health care information processing system, including means for creating, assigning and storing patient and health care provider accounts;
• means for electronically communicating account information to a universal electronic transaction card;
• means for receiving and storing personal information for each authorized account number;
• means for communicating with a universal electronic transaction card to authorize account transactions, means for receiving and storing information relating to account transactions;
• and means for storing and communicating medical histories;
• c. at least one health care provider processing system, including means for electronically communicating with the central health care information processing system;
• means for electronically communicating with the universal electronic transaction card;
• and memory means for storing patient information;
• and,
• d. at least one communications system for providing communications between the universal electronic transaction card, the central health care information processing system, and the health care provider processing system.

A method of issuing an account by a service institution to a user of a universal electronic transaction card to authorize the user to use the universal electronic transaction card for the account comprising:

• a. obtaining predetermined information from the user as required by the service institution;
• b. issuing account information for the user, including an account number;
• c. establishing an electronic communication between the user's universal electronic transaction card and the service institution;
• d. monitoring security information to identify the universal electronic transaction card and the user of the universal electronic transaction card;
• and
• e. electronically transmitting to the user's universal electronic transaction card predetermined account information for the service institution account and predetermined information about the service institution and the account to be displayed by the universal electronic transaction card when the universal electronic transaction card is used to conduct a credit transaction for such account.